PLAY PKN: Video News Bulletin 24 Jan

PLAY PKN, the weekly video bulletin of the top stories making the news.

This week featuring Nestle, Pact Group, Astron, Bushfire updates, CUB Cascade Breweries, Tetra Pak, Canopy, China ban on single-use plastics...

Food & Drink Business

Elixinol Wellness has completed the sale of its US business and reported a narrowed first half loss, with revenue up 5.8 per cent to $7.2 million and gross margin close to 10 per cent higher as the group concentrates on its Australian food and wellness brands.

Nourish Ingredients has completed a 10-tonne industrial production run of its animal-free dairy fat, Creamilux, at SD Guthrie International’s facilities in the Netherlands, under a partnership that gives the Australian company European manufacturing capacity without building its own plant.

Bubs Australia has received permanent regulatory authorisation from the US FDA for its three infant formula products – Bubs Goat, Bubs 365 Day Grass Fed, and Bubs Essential.