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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

SPC Global (ASX: SPG) says it remains on track to deliver 25 per cent growth in normalised EBITDA for FY26, with its Q4 trading update showing the $100 million equity raise completed in the quarter has cut net leverage to below 2x, as restructuring begins at its Shepparton site.

The New South Wales government is investing $28 million through the Agriculture Industries Innovation and Growth Program to support 14 innovative projects to help boost local jobs, regional economies and increase productivity across the agriculture sector.

With foodpro just weeks away and the Hive Awards winners recently crowned, the latest issue of Food & Drink Business is a reminder that an industry grows stronger when it gets in a room together. Our foodpro preview, Hive Awards review, and wrap of ConTech’s 30th conference are testimony to that. There are profiles of foodpro exhibitors, a spirited Rising Star, industry news and so much more.