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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

Australian food processors are facing a growing commercial squeeze as major retail and foodservice customers want stronger environmental credentials from suppliers, while continuing to push hard on price. New modelling from the Australian Meat Processor Corporation (AMPC) shows Australia’s red meat processing sector could achieve net zero emissions by 2045 without sacrificing profitability.

Australian investment firm, Tundra Capital, has led a $2.4 million Series A raise for deep-tech company, N&E Innovations. The Singaporean company turns discarded food waste into an edible antimicrobial that can help fresh produce last up to four times longer.

Circana retail scan data shows sales of bottles of shiraz under $10, fell 8.3 per cent over the past year, but sales above $35 grew 6.9 per cent. According to the data, shiraz accounts for two in every five dollars spent on bottled red wine in Australia, which covers the year to 4 October 2026.