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Visy has opened a new office in Essendon Fields, Victoria, with carpet tiles derived from more than 50,000 recycled plastic bottles.

The office, opened by Visy co-owner Fiona Geminder and COO Mark DeWitt last week, uses Inter EcoSoft carpet tiles composed of material from 54,500 plastic bottles diverted from landfill, as well as recycled wall panels, kitchen stools and chairs made from 80 per cent recycled HDPE plastic.

It will house employees from HR, IT, International Operations, Accounts Payable/Receivable, and Procurement, in what the company bills as an enjoyable, inclusive and efficient working environment that fosters collaboration and promotes diversity.

Video conferencing units and team boards will allow connectivity to sites across Australia, New Zealand, Singapore and China.

 

Food & Drink Business

The NZ$307 million sale of the Pŋkeno facility to Abbott is complete, delivering a material debt reduction for the Canterbury dairy processor – but significant refinancing pressures remain as the company pursues its Stabilise, Simplify, Scale recovery plan.

Pure Foods Tasmania has entered a binding agreement to acquire the assets of Brilliant Food Australia, a premium seafood brand. The $300,000 deal adds the brand to the Woodbridge Smokehouse stable and lifts PFT’s revenue base by approximately 24 per cent.

The federal government has decided to defer the phased transition to full cost recovery for export regulatory services for one year, established a new Fertiliser Supply Working Group, and brought forward $6.15 billion in concessional capital to support Australian businesses affected by global disruptions.