Pact Group in $500 million recycling pledge

Packaging company PACT Group has committed to investing $500 million with its partners in existing and new facilities to further the recycling and reuse of plastic materials. Pact chairman Raphael Geminder made the pledge at a National Plastics Summit at Parliament House, Canberra as part of plans to lead the development of a circular economy.…

Nestlé and IQ Renew to recycle soft plastics

Australia’s largest food manufacturer, Nestlé and recycler iQ Renew are to trial the collection and recycling of soft plastics into a resource. The two announced the trial which will collect soft plastics from over 100,000 homes through kerbside recycling an a National Plastics Summit in Parliament House, Canberra. iQ Renew CEO Danial Gallagher said there…

Austin Engineering pays dividend as recovery continues

Mining equipment manufacturer Austin Engineering has declared its first dividend in six years as mining customers returned to purchasing its world-leading range of ore dump truck bodies. The company manufactures surface and underground dump truck bodies, buckets, water tanks, tyre handlers, engineering solutions and other ancillary equipment used in the mining industry. While Austin reported…