• COtooCLEAN was picked from a wide range of excellent innovations recognised as transformational.
    COtooCLEAN was picked from a wide range of excellent innovations recognised as transformational.
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Nextek has won the IOM3’s Circular Economy Award with COtooCLEAN, a unique supercritical carbon dioxide (ScCO2) cleaning process, which effectively and efficiently cleans and decontaminates post-consumer polyolefin films to a food-grade status.

COtooCLEAN was picked from a wide range of excellent innovations recognised as transformational in the sectors of the Circular Economy and Enabling Net Zero Sustainable Materials Technology. 

The cutting-edge solution to boost the circularity of food-grade films uses ScCO2, a non-toxic, non-flammable and non-corrosive solvent that can selectively remove contaminants through use of co-solvents. 

In a single step, the process targets the simultaneous removal of oils, inks, adhesives, labels and chemical contamination from post-consumer polyolefin films, while recycling the non-toxic solvent and separating the residues.

COtooCLEAN aims to address the current roadblocks to recycling plastic films, which so far has been held back by the absence of a technology to decontaminate post-consumer polyolefin films (LDPE, LLDPE, HDPE and PP) back into food-grade material.

Food & Drink Business

The Australian Institute of Food Science and Technology’s flagship annual convention, AIFST26, will run concurrently with foodpro 2026 on 27-28 July at the Melbourne Convention & Exhibition Centre.

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.