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Country of Origin Food Labelling Standards (CoOL) will formally take effect on 1 July 2018, and Australian suppliers such as SPC are seeking to promote the fact their ingredients are grown and made in Australia.

Established last year, the new requirements make it clearer where products are produced, grown, made or packed.

The labels also communicate what percentage of the ingredients come from Australia.

SPC’s ingredients business is growing as the company works with producers, manufacturers, processors, importers and retailers to meet the 1 July target.

“As an Australian company recognised for producing home-grown fruit and veggies from Victoria’s Goulburn Valley, we are well-placed to help our ingredients customers meet the CoOL requirements”, Abbey Jones, SPC head of ingredients and foodservice, said.

Food & Drink Business

Brisbane-based food technology company Just Meat Protein has closed an oversubscribed $1.8 million seed round, with Inghams Group taking a 10 per cent stake.

Australia’s national science agency, CSIRO, has partnered with Thailand’s Food Innopolis and the Research University Network (RUN) to launch the new Thailand-Australia Venture Exchange Program. Applications are now open, and close 31 July.

Sydney deep tech venture ALBON is pitching a low-energy, algae-based system to dairy, meat, rendering and other food processing operations facing rising water costs and tightening discharge rules. It has just been named as one of the Cicada x Tech23 2026 cohort.