In this episode, Lindy Hughson, managing editor and publisher of PKN Packaging News is joined by Wayne Robinson, PKN's associate editor and editor of Print21, to provide insight, analysis and commentary on the top news stories shaping change in Australia’s dynamic packaging industry in February.
We unpack the context behind Amcor’s 60 per cent profit crunch and loss of 2000 jobs following post-Covid destocking and decreased volumes of flexible and rigid packaging, as well as Orora’s record breaking boost in revenue for its canning operation and its recent purchase of Saverglass.
The discussion also gives us an update to Close the Loop’s strong half year, and we review the current status and trial of soft plastics collection in supermarkets.
We get an insight into Pro-Pac’s decreased sales in flexible and specialty packaging due to challenges with reduced consumer spending, post-Covid destocking, and decreased agricultural volumes, as well as Pact’s decrease in revenue caused by reduced demand in Australian, New Zealand and Chinese markets, and get an update on the recent take over bid by Raphael Geminder.
We also review IVE’s investment into a $150m-a-year folding carton operation, and the opening of Visy’s $50m upgrade to its glass recycling facility and launch of their heavyweight retail paper bag.
The discussion also explores Spicer's acquisition of Signet Packaging, the partnership between Jet and Actega to provide improved sustainable packaging solutions to ANZ, and gives us a sneak peak into the IPPO forum at APPEX.
We wrap up by discussing Mondelez and Amcor’s deal to increase the recycled content of their range to 50 per cent, Frugalpac’s paper bottle production coming to Australia, and mourn the loss of Robert Becher, who was the managing director of Inox and a director on the APPMA Board.
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Women in Packaging Awardswww.pknwomeninpack.com.au
2000 jobs go at Amcor as profit crunchedwww.packagingnews.com.au/latest/2000-jobs-go-at-amcor-as-profit-crunched
Record can numbers boost Orora earningswww.packagingnews.com.au/latest/record-can-numbers-boost-orora-earnings
Orora's purchase of Saverglass finalisedwww.packagingnews.com.au/latest/orora-s-purchase-of-saverglass-finalised
Strong HY for Close the Loop Groupwww.packagingnews.com.au/latest/strong-hy-for-close-the-loop-group
Trial for soft plastics collection underwaywww.packagingnews.com.au/sustainability/trial-for-soft-plastics-collection-underway
Flexibles and Specialty sales fall at Pro-Pacwww.packagingnews.com.au/latest/flexibles-and-specialty-sales-fall-at-pro-pac
Pact half year revenues slip, EBIT riseswww.packagingnews.com.au/latest/pact-half-year-revenues-slip-ebit-rises
Geminder extends Pact offerwww.packagingnews.com.au/latest/geminder-extends-pact-offer
IVE looks to build $150m-a-year carton operationwww.packagingnews.com.au/latest/ive-looks-to-build-150m-a-year-carton-operation
Visy opens $50 million glass recycling facilitywww.packagingnews.com.au/latest/visy-opens-50-million-glass-recycling-facility
Visy launches locally-made retail paper bagswww.packagingnews.com.au/latest/visy-launches-locally-made-retail-paper-bags
Spicers Group to buy Signet Packagingwww.packagingnews.com.au/latest/spicers-group-to-buy-signet-packaging
Jet and Actega partner in sustainability drivewww.packagingnews.com.au/converting-and-printing/jet-and-actega-partner-in-sustainability-drive
IPPO Forum @ APPEXwww.packagingnews.com.au/yafevent/ippo-forum-appex
Mondelez, Amcor sign deal to source 50% PCR plasticwww.packagingnews.com.au/latest/mondelez-amcor-sign-deal-to-source-50-pcr-plastic
Frugalpac paper bottle production comes to Australiawww.packagingnews.com.au/latest/frugalpac-paper-bottle-production-comes-to-australia
Vale Robert Becher: MD of Inox, APPMA directorwww.packagingnews.com.au/latest/vale-robert-becher-md-of-inox-appma-director
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------------------------------The PKN Podcast is produced by Southern Skies Media on behalf of PKN Packaging News, owned and published by Yaffa Media.
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MC: Grant McHerronHost: Lindy HughsonProducer: Steve Visscher
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