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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

In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.

International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).

Australian Vintage has secured a $128 million debt refinancing through to March 2028, with an option to extend a further year to 2029, as the McGuigan wines owner reports a significant second-half cash turnaround and upgraded sales momentum heading into FY27.