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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

Maggie Beer Holdings (MBH) has appointed Chris Illman as managing director as the company focuses on returning to positive earnings and progressing the sale of its Hampers & Gifts Australia business.

SPC Global has launched further legal proceedings against two former directors and an advisory firm, seeking to recover more than $4.5 million related to historical expenditure and related-party arrangements.

OMG Group has secured commitments to raise $1.5 million through a share placement, including a $350,000 cornerstone investment from its incoming oat milk manufacturing partner, Slades Beverages.