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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

Victoria has brought together startup agency, LaunchVic, and the $2 billion Breakthrough Victoria fund to launch Innovation Victoria – the next stage of the state’s innovation ecosystem investment.

Treasury Wine Estates, in partnership with Australian Grape & Wine, Wine Australia and the China Alcoholic Drinks Association, is looking for four Australian viticulturists and winemakers to participate in the second year of the Australia-China Winemaker Immersion Program – with applications closing 26 July.

Coles Group has ended discussions with private equity firm TPG Capital over a potential acquisition of Greencross Pet Wellness Company, walking away just over two weeks after confirming it was undertaking due diligence on the pet retail and veterinary group.