SPONSORED CONTENT The long-anticipated mandatory climate-related financial disclosures have been passed into law and will affect some companies as soon as January 2025. The requirements will be phased in over a three-year period and capture companies based on size, value and turnover. Companies that are not directly in scope of reporting may be affected due…
Canberra-based food technology company Nourish Ingredients, which has developed a method to create specialty fats for plant-based foods through precision fermentation, has signed a joint commercial agreement with China’s Cabio Biotech. In a statement from Nourish on Tuesday, the company said it is combining “Australian innovation with China’s manufacturing might” and exposing its flagship product…
A new lager beer release has fuelled strong sales growth for Australia’s largest independently owned brewer Coopers Brewery. The launch of Coopers Australian Lager has helped family-owned Coopers to post a 1.5 percent rise in total beer sales for the 2024 financial year, defying a year on year 2,.6 percent decline in total Australian beer…
Approximately a billion beverage containers have been kept out of landfill in the first 12 months as a result of the Victorian Container Deposit Scheme (CDS Vic), according to its coordinator. CDS Vic was announced in April last year and the program officially launched the following November 1. VicReturn – which includes Lion, Coca-Cola Europacific…
Monash University food engineers have developed a “super yoghurt” formula using lupins, which the university says represents a “major advancement in the plant-based food sector” due to its fast fermentation time, texture, and nutritional benefits. According to a statement from Monash on Wednesday, researchers at the BioPRIA institute led a study investigating how different probiotic…
Beverage business Coca-Cola Europacific Partners (CCEP) Australia has opened a new $22.2 million line (pictured) at Richlands, able to make 2,000 canned drinks per minute, and announced a planned “multi-year $75 million investment” to “supercharge” output of Monster Energy Company’s caffeinated beverages at the same location. In a statement on Thursday, CCEP said the new…
Food ingredient startup Pectin 360 (P360) has announced a partnership with ASX-listed The Original Juice Company (TOJC), aiming to upcycle food waste into pectin and fibre, with an unnamed research and commercialisation partner selected to help establish a pilot plant. In a statement this week from P360, the company said a Heads of Agreement had…
By Jack Hetherington, University of Adelaide; Adam James Loch, University of Adelaide, and Pablo Juliano, CSIRO Every year, 7.6 million tonnes of food is lost or wasted in Australia. When we think about this, we might picture mouldy fruit, stale bread and overly full fridges. But in fact, almost half of this waste happens before…
Derrimut-based Viridian Renewable Technology, which produces fertilisers and insect-based protein ingredients for pet and animal feed, has received a $2.5 million investment from state government-backed venture fund Breakthrough Victoria Located in Melbourne’s western suburbs, Viridian plans to up factory capacity over the next 12 months and take on 15 employees. The plant will supply “over…
Food manufacturer ARYZTA and engineering services company SDR Engineering are among Peel region companies awarded grants through Round 7 of the Western Australian Regional Economic Development Grants program. Grants worth $1.17 million under the program were announced by state regional development minister Don Punch on Thursday at the Mandurah Indoor Rock Climbing Centre, which was…
