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Omniverse Foster Packaging Group celebrated its recent merger by hosting a special event in Port Melbourne on 23 November.

The evening included a presentation by Brendan Yee and Joe Foster (pictured below, right and left respectively) which highlighted the benefits and capabilities the merger brought Omniverse and Foster Packaging.

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“I truly believe we can make a difference beyond the packaging industry and in people's lives around the world,” Foster told guests.

Joined on stage by co-directors Darren Brits (below, centre) and Regan Foster (second from right), and shareholder Lawrence Jaffe (far right), the team celebrated the launch with colleagues, clients, friends, and family.

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The widened variety of capabilities for Omniverse Foster includes an extensive R&D facility which will incorporate a test pilot centre to ensure quality and consistency.

Fast turnarounds using digital printing will offer the option of getting products to market quickly using local manufacturing, with further investment into a wider range of equipment to follow.

Omniverse Foster Packaging will offer colour management across flexible and rigid packaging and its international footprint will include partners in the US and Europe, and an office in China.

Food & Drink Business

Months after announcing its exit from food science research, CSIRO has released a regional food system strategy for South East Queensland, calling for coordinated action on supply chains, land use, and food security ahead of the 2032 Olympic and Paralympic Games.

A further $6.9 million has been allocated to five successful applicants through the federal Industry Growth Program (IGP), including several developing technologies to support the Australian food system. The latest round includes Bioborne, C Sea Solutions, Seascape Restorations Australia, and Levur.

Methane-reducing feed additive developer, Sea Forest, has entered into an agreement with New South Wales-based farm, Avondale Ag, to supplement 5000 cattle with SeaFeed, for an initial term of 12 months.