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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

The federal government has released the latest round of Industry Growth Program (IGP) recipients, alongside news that the program is going on indefinite hiatus following the 2026 Budget. Several food sector companies were awarded, including A-Culture Holding, Algenie, and VeraSys.

Asahi Group Holdings has appointed Nigel Parsons as CEO of Asahi Europe & International, taking over the role from Dragoș Constantinescu, who will depart at the end of June.

Integrated organic meat producer, Hewitt Foods, has entered into an agreement to acquire family-owned beef company, Nolan Meats, with the transaction expected to be completed in the second half of 2026.