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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 Australian Refrigeration Council has appointed Mark Lamb as its new CEO and Susie O’Neill as deputy CEO, as the national licensing authority for the refrigeration and air conditioning industry moves into its next leadership phase.

Nutritional and wellness company Nuchev (ASX: NUC) has secured a $4 million unsecured working capital facility from substantial shareholder H&S Global Holdings, structured to support its growth plans across the group in the short to medium term.

Synlait Milk has accepted the resignation of CEO, Richard Wyeth, less than a year into his tenure at the dairy processor, with director Leon Fung stepping in as acting CEO. His exit is the third senior departure from Synlait in the last three weeks.