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ACOR is calling on the Government to urgently introduce packaging reforms or risk the collapse of Australia’s plastic recycling sector and face millions of tonnes of plastic waste polluting the environment.

As 2025 draws to a close, it is clear the packaging sector has undergone one of its most consequential years in over a decade. Consolidation at the top, restructuring in the middle, and bold innovation at the edges have reshaped the industry’s horizons. At the same time, regulators, brand owners and recyclers have inched closer to a new circular operating model, even as policy clarity remains elusive.

Pact has reported a decline in revenue and earnings for the first five months of FY26, citing subdued market demand, as chair Raphael Geminder pursues settlement of the long-running TIC earn-out dispute.

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Food & Drink Business

Leading contract manufacturer, Hitex Confectionery, has appointed Darren Butler as its new CEO, aiming to propel a new stage of expansion following two years of transformation.

Queensland’s not-for-profit container management organisation, Container Exchange (COEX), has appointed Trevor Evans as interim chief executive officer, as the government finalises its response to troubling inquiry.

New South Wales’ container deposit scheme, Return and Earn, has passed 15 billion containers returned, with the state's recyclers receiving more than $1.5 billion in refunds since the program began.