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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

Brisbane-based food technology company Just Meat Protein has closed an oversubscribed $1.8 million seed round, with Inghams Group taking a 10 per cent stake.

Australia’s national science agency, CSIRO, has partnered with Thailand’s Food Innopolis and the Research University Network (RUN) to launch the new Thailand-Australia Venture Exchange Program. Applications are now open, and close 31 July.

Sydney deep tech venture ALBON is pitching a low-energy, algae-based system to dairy, meat, rendering and other food processing operations facing rising water costs and tightening discharge rules. It has just been named as one of the Cicada x Tech23 2026 cohort.