Page 6 - Packaging News Magazine Jan-Feb 2019

6
NEWS
www.packagingnews.com.au January-February 2019
TOP CLICKS
1SODASTREAM’S TURTLE POWER UNLEASHED SodaStream deployed a massive ocean-cleaning device called the “Holy
Turtle” to collect plastic waste off the ocean surface in the Caribbean Sea off Honduras.
2JOHNNIE WALKER REVEALS 2019 YEAR OF THE PIG DESIGN Whisky market leader Johnnie Walker has
revealed the design for its Lunar New Year Limited Edition Blue Label series for 2019, celebrating the Year of the Pig.
3FOUR ANZ COMPANIES STAR ON WORLD STAGE Three Australian companies and one from New Zealand have been
recognised in the prestigious WorldStar Packaging Awards, following success in the local PIDA awards. (See story p8.)
4TNA OPENS NEW $8M FACTORY, AIMS FOR $1BN SALES
Packaging solutions manufacturer tna opened
its new 7500 square metre manufacturing centre in Boronia, Vic, with company founder Alf Taylor telling PKN that the business is aiming to achieve sales of more than $1bn in five years’ time. (See
5story p10.)
TWO TOP EXECS QUIT
AT PRO-PAC
Grant Harrod will step down as CEO of Pro-Pac Packaging after just a year
and a half in the top job, and John Cerini, formerly of Integrated Packaging Group, which was bought by Pro-Pac in 2017, is also quitting as a full-time executive. (See story on facing page.)
$600m eco waste project gets EPA go-ahead
TOP STORIES FROM THE PACKAGING NEWS WEBSITE PACKAGINGNEWS.COM.AU
AUSTRALIAN Paper has Works Approval from Victoria’s envi- ronmental protection agency for its proposed $600m Energy from Waste (EfW) facilty, meaning the innovative proj- ect at its Maryvale Mill has cleared its last significant reg- ulatory hurdle and will now, subject to finance, go ahead.
The EfW will reduce Austra- lian Paper’s reliance on fossil fuels to stabilise its energy future, and support ongoing capital investment at the site. Maryvale Mill is the only fine paper mill in Australia, and is
currently at the beginning of a $200m upgrade programme – a 26-day shutdown in August saw $51m invested in 30 differ- ent upgrade projects.
The Works Approval Appli- cation is a key component of Australian Paper’s $7.5m feasi- bility study into the EfW facility. The study has been funded by the Australian government, Victorian govern- ment and Australian Paper.
The facility would divert around 650,000 tonnes of residual waste annually from Gippsland and Melbourne
landfill, and use it to create en- ergy for the mill, using best available techniques in emis- sions control to comply with stringent European IED limits.
David Jettner, general man- ager Corporate Development at Australian Paper said, “Our facility is the first EfW project in Victoria to achieve a Works Approval by meeting the EPA’s stringent emissions stan- dards. EfW is the missing link in Victoria’s waste manage- ment infrastructure.
“We are now working to se- cure long term access to resid- ual waste supply and finalise engineering, procurement and construction details. We can then transition to closing out our financing arrangements for this exciting project.”
Australian Paper is one of the Latrobe Valley’s largest em- ployers, supporting almost 2400 jobs in the region. The EfW facility will create 440 new full-time jobs. ■
Green light for green project at Australian Paper’s Maryvale Mill.
Orora builds US platform
ORORA has bought Texas-based packaging and facility supplies outfit Pollock Packaging, spending US$80.5m ($110m) on the deal. It is the second Texan business Orora bought in 2018, after paying $24m for Bronco Packaging in August.
Nigel Garrard, managing director and CEO of Orora said, “Texas has a fast growing economy, with business friend- ly laws and an attractive tax system. Its GDP is the second biggest in the US after Califor- nia, and is larger than Austra- lia’s. With Pollock on board we have $500m worth of business there, and a platform to grow
in North America, in line with our stated strategy.”
Garrard said the US market offers significant opportuni- ties for Orora, with more acquisitions possible. “It is a fragmented market, certainly in the sectors we operate in. North America remains a major focus for Orora’s growth, along with Australia
and New Zealand.” Pollock is a market- leading provider of packaging and facili- ty supplies, head- quartered in Texas, the fastest growing US state economy.
A century old, the company serves the industrial, retail and facility supplies market segments, employing 440 staff.
Pollock, which generates revenues in excess of US$260m ($355m), also operates a corru- gated box manufacturing plant and in-house packaging design service in Dallas, and distribu-
tion centres in Texas, Georgia, North Caro- lina, New Jersey, and California. ■
Nigel Garrard: Looking to realise synergies.