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    Image supplied by Husky. See article for sources qualifying these claims.
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The Australian Government has announced its intention to introduce actions to cut packaging waste, which will likely see the introduction of stricter regulations to manage packaging waste and recycled content mandates.

While future targets are under review, the current National Packaging Targets remain in place. All packaging made, used, and sold in Australia must meet certain regulations:

  • 100% reusable, recyclable, or compostable packaging
  • 70% of plastic packaging being recycled or composted
  • 50% of average recycled content included in packaging and 20% for plastic packaging
  • The phase out of problematic and unnecessary single-use plastic packaging

Existing infrastructure and material availability will make it challenging for polystyrene and, in some cases, polypropylene packaging to meet these regulations. To safeguard your packaging, don’t wait until it’s too late to begin converting your existing containers to PET, the market’s most sustainable, recyclable, abundant, and low carbon footprint packaging material*.

Husky’s industry-leading PET solutions, including decades of packaging design and development expertise paired with proven technology to successfully run up to 100% recycled PET, can enable you to convert your packaging to meet recyclability regulations.

Get started with an OPPORTUNITY ASSESSMENT. Husky’s packaging experts will assess your packaging needs, look at the best ways for you to meet upcoming recyclability regulations, and much more!

 *SOURCES

Sustainability | Free Full-Text | Circularity Study on PET Bottle-To-Bottle Recycling (mdpi.com)

NAPCOR-Beverage-Container-LCA-Report-2023.pdf

NAPCOR-37678_LCA_Executive_Summary_3.2.23.pdf

New study quantifies the environmental impacts of packaging | ALPLA Blog

 

Food & Drink Business

Ferrero has gained more ground in the US through its acquisition of WK Kellogg for $4.7 billion (US$3.1b). Since 2018, Ferrer has acquired Nestle's US chocolate business for $4.25 billion, Kellogg's cookies and fruit snacks unit for $2 billion, and ice cream company Wells Enterprises.

The Australian Competition & Consumer Commission (ACCC) says it won’t oppose Lactalis’ proposed acquisition of Fonterra’s consumer and food service businesses, if the bid goes ahead. While it would see two of the largest buyers of raw milk combine, the ACCC says it is “unlikely” to result in a lessening of competition.

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