AUSTRALIA – Coca-Cola Amatil has announced that it will no longer distribute single-use plastic drinking straws or stirrers in Australia, and would instead stock fully recyclable and biodegradable FSC (Forest Stewardship Council) accredited paper straws starting February. The company said the new paper drinking straws will be sourced from suppliers BioPak and Austraw and made…
AUSTRALIA – GrainCorp, Australia’s leading grain and commodities trading company has received a US$2.4 billion buyout offer from Long-Term Asset Partners Pty Ltd (LTAP). The indicative offer involves control of 100% of the shares in GrainCorp for cash consideration of US$10.42 per share. According to GrainCorp Board, the proposal is subject to a number of…
AUSTRALIA – Coca-Cola Amatil has confirmed that it will be selling its fruit and vegetable processing unit in Australia, SPC, a business that has been making losses over the years. The company which has also warned of declining beverage volumes in Australia embarked on a strategic review of the business in August this year with…
AUSTRALIA – Coca-Cola Amatil and Abro, the global brand owner of Rekorderlig Cider has entered into a 28-year distribution agreement strengthening the former’s position in the Australian beer and cider market. Coca-Cola Amatil will assume full responsibility for the promotion and marketing of the Rekorderlig Cider brand in Australia, enabled by expansion of its marketing…
AUSTRALIA – The food processing and packaging equipment solutions provider, tna has inaugurated a state-of-the-art manufacturing facility in Melbourne, Boronia, Australia to expand to almost triple its production capacity. The new site will enhance its production capacities for its equipment including flagship vertical form fill and seal (VFFS) packaging system, the tna robag. According to…
AUSTRALIA – Global food processing and packaging equipment manufacturer, tna has announced that its co-founders Alf and Nadia Taylor have been awarded with the 2018 Ethnic Business Award in the ‘Medium to Large Business’ category. At the 30th Ethnic Business Awards gala dinner held in Sydney, the two were hailed for their entrepreneurship, personal dedication,…
AUSTRALIA - Australia’s largest grain handler, GrainCorp has said annual net profit fell 50% to US$51.37 million as a result of dry conditions that hit production in eastern Australia during the last cropping season. The company reported continued positive performance from the Malt business and strong contributions from Bulk Liquid Terminals and Grains’ international grain…
AUSTRALIA – Coca-Cola Amatil has partnered with three Australian startups Bellr, Snooper, and Staybil as part of its Xcelerate venture to boost delivery efficiencies as well as enhance consumer experience in Australia. This is part of the company’s initiative designed to test whether combining emerging businesses with Amatil’s established customer base and supply chain footprint…
AUSTRALIA - Australian wine exports have posted double-digit growth in the 12 months to September 2018, with the value of exports up by 11% to US$2.71 billion, while reflecting an increasing taste for premium drops. The average value of wine exported was up 7% for bottled wine to US$5.90 per litre, with unpackaged wine rising…
AUSTRALIA - Alcohol producers will be forced to label their products with warnings relating to the risks of drinking during pregnancy in an agreement reached by Australian and New Zealand ministers. According to Food Business News, the labels will be developed by Food Standards Australia New Zealand in consultation with the alcohol industry, and will…
