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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

A $27 million write-down of legacy inventory drove reported EBITDAS to negative $35 million, while net debt finished at $89 million against $90 million guidance.

SPC Global has delivered normalised EBITDA of $38.5 million for FY26, up 27 per cent and ahead of guidance for 25 per cent growth, on net sales revenue of $331.8 million.

Turnover and employment are at record levels in Australia’s food and grocery manufacturing sector and exports are also climbing, according to Australian Food and Grocery Council’s (AFGC) latest State of the Industry report. But the figures came with a warning – ongoing pressure on margins and operating costs could weaken the sector’s capacity to invest and grow over the long term.