NSW container scheme nears milestone The NSW Return and Earn scheme is on the verge of reaching the milestone of 10 billion recycled cans and bottles. On Friday the NSW Government encouraged households to help reach the mark in the next 24 to 48 hours, by taking their empty drink containers to one of 620…
Bega focus on strategy in challenging year Australian owned and led food manufacturer Bega Cheese has continued its strategy to move away from commodity sales to its iconic brands paid dividends in the second half of FY23 following farm gate milk price rises and other cost increases in the first quarter. Conditions saw the company…
ABT’s record growth in FY23 Sealed heavy vehicle brake manufacturer Advanced Braking Technology has announced revenues of $14.7 million for FY23, a 25.1 percent increase on the previous year. The company was able to increase sales margins during the year by 5.97 percent to 49.9 percent. Net profit after tax was $1.47 million, a 129…
IDT Australia raises $2 million from shareholders Melbourne pharmaceutical manufacturer IDT Australia has raised $2 million via an over-subscribed share purchase plan to existing shareholders. The raising followed the successful completion of a $5 million placement to professional and sophisticated investors. The total capital raised will be used to fund the company’s capital expenditure programme…
PepsiCo to trial hydrogen-powered truck PepsiCo Australia has launched its first hydrogen-powered prime mover, supplied by Pure Hydrogen, the company announced on Thursday. PepsiCo said this was a first in the FMCG sector and in its global operations. Pure Hydrogen will supply a hydrogen fuel cell-powered 160 kilowatt 6 x 4 prime mover for a…
Plastic packaging manufacturer Pact Group has announced a new partnership with Aldi, which will see Pact offer recycled PET and HDPE packaging options to the supermarket’s suppliers. According to a statement from Pact on Thursday, the partnership will see recycled plastic packaging from the company’s NSW and Queensland factories made for Aldi’s own brand products.…
Water treatment company SciDev has announced a new contract worth $3.15 million to design, build and integrate a plant into a Cleanaway Waste Management facility in Victoria. The project will treat water for per- and poly-fluoroalkyl (PFAS) contaminants at an existing liquid waste facility, said SciDev in an ASX statement on Thursday. PFAS are a…
By Peter Roberts Leading beverage manufacturers have now put their past, vigorous opposition to container deposit schemes behind them and have strongly backed the new CDS Vic scheme announced by the state government last week. Lion, Coca-Cola Europacific Partners and Asahi Beverages, all members of not for profit group VicReturn which has been appointed as…
Upcoming report to look at boosting cell and gene manufacturing AusBiotech has commissioned research into what is required for Australia to manufacture more cell and gene products. There is an opportunity for Australia to be a regional hub in the Asia Pacific region for cell and gene manufacturing, yet there are a number of barriers,…
Packaging manufacturer Pact Group has won a major sustainable project award for bringing Australia’s biggest PET plastic recycling facility to life in just 370 days. Pact was awarded the Australian Institute of Project Management’s Sustainable Project Management Achievement Award for NSW for the $50 million Circular Plastics Australia (CPA) PET plastic recycling facility in Albury,…
