PLAY PKN: Video News Bulletin 25 June

In the news this week: AI Action Plan, APPMA, Planet Protector Packaging, WEConnect International, Unilever, Pulpex Consortium, Nextek, NextLoopp, qDesign Enterprises.

Brought to you by KM Packaging.

Food & Drink Business

Endeavour Group has flagged up to $8 million in additional supply chain costs in the second half of FY26 and a $400 million inventory build as it responds to disruption from the Middle East conflict, while also announcing a $100 million cost reduction target for FY27.

Snacking and pet food company, Mars Incorporated, is set to open a new $112.5 million wet pouch facility at its Wodonga pet food factory this June, initially announced in June 2023.

The a2 Milk Company has initiated a voluntary recall of three batches of its US-label a2 Platinum infant formula after cereulide was detected in the product. The recall covers approximately 16,428 tins already sold to consumers, with no reported incidents of infant illness.