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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

Coles has cut its first half earnings outlook for Supermarkets to flat, citing higher fuel-related supplier costs and heavier competitor promotions, even as own brand and online sales kept growing.

End Food Waste Australia (EFWA) is moving away from its Food Pact program to launch End Food Waste Australia Membership. EFWA says it provides a more flexible model for organisations of any size.

Austrade’s latest report highlights the international growth potential for Australian agribusiness and food businesses, with new markets, agreements and partnerships creating opportunities for exporters.