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Outstanding commitment to packaging sustainability saw Colourtrend Paints secure the APCO 2020 Industry Sector Award for Chemicals, Hardware & Machinery.

Continuing efforts to reduce its environmental impact, this reporting period Colourtrend Paints has shown an outstanding commitment to improving the sustainability of its packaging.

Having established a packaging policy focusing on ‘Reuse and Recycle’, the team has integrated packaging sustainability targets into its annual business plan as well as purchasing procedures.

Colourtrend Paints has eliminated paper labels, introduced sustainable reuse solutions for intermediate bulk containers and transitioned to recyclable resins.

Furthermore, investigation into improving business-to-business packaging efficiencies has led to a 30 per cent increase in pallet packaging capacity, with this reducing the overall quantity of pallets used and associated shrink wrapping both from suppliers, and to customers.

Food & Drink Business

Pure Foods Tasmania has reversed $4.5 million in deferred tax assets following a review by the Australian Securities and Investments Commission (ASIC), with the writedown representing 31 per cent of the company’s total assets.

Calabria Family Wine Group has confirmed House of Fine Wine as its single domestic trading and distribution platform, following the group’s February acquisition of House of Fine Wine and The Wine Company.

The federal government has responded to recommendations made for the National Organic Standard Bill 2024, over a year after the Rural and Regional Affairs and Transport Legislation Committee released its inquiry report.