Page 61 - Packaging News magazine November-December 2022

September-October
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PEOPLE IN PACKAGING
Shortly after she was named Young Victorian of the year, PKN profiled Julia Kay, co-founder of Australian start-up Great Wrap, the nation’s only manufacturer of compostable stretch wrap. We take a closer look at the story behind this rising star’s success.
PUBLISHER’S CHOICE
Aus-first advanced plastics recycling trials underway: Victorian-based APR Plastics has successfully trialled running PE and PP through its advanced recycling system, transforming hard-to-recycle plastic waste into oil. APR would go on to be involved in the AFGC’s National Plastic Recycling Scheme, aiming to create a model for kerbside collection and sorting of soft plastic packaging for advanced recycling.
10APCO LAUNCHES ANZPAC 2025 TARGETS ROADMAP
The Australian Packaging Covenant Organisation, under the Australia New Zealand Pacific Island (ANZPAC) Plastics Pact, launched a new document that highlights the approach required for industry to achieve the Regional Plastic Targets.
11IVE LOOKS TO PACKAGING ON STRONG FULL YEAR
Major printing operation IVE is aim- ing to enter the packaging market in the near term, as the company saw all its figures rise in its full year results. Following a strategic review, IVE will now move more aggressively into the packaging sector, and is actively seek- ing an appropriate acquisition to expedite this strategy, with $30m-$40m allocated to fund this, and any other “earnings accretive opportunities.”
Top Clicks Online
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ASX-listed Close the Loop Group has acquired thermal paper supplier and sus- tainable paper products group Alliance Paper, paying $1 together with an invest- ment in working capital of approximately $4.5 million for the company.
CLOSE THE LOOP SNAPS UP
CADBURY MOVES TO 30%
ALLIANCE PAPER
Above right (L-R):
Cadbury 30% recycled wrapper is made locally by Amcor.
Chris Hutton,
R&D director, Mars Wrigley Australia.
RECYCLED FOR ICONIC RANGE
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NOVEMBER – DECEMBER 2022 ❙ 61
Cover Avery Dennison.indd
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ON THE COVER
Regeneration is highlighted as the natural evolution beyond sustainability. Cath Cornaggia, commercial director, Label and Packaging Materials ANZ at Avery Dennison, writes that she believes collaboration is key to transitioning, and intelligent packaging solutions are key to material recovery.
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Shares in Pro-Pac went into a trading halt, with the company saying it would make a major announcement immi- nently. The company is said to be seeking a $50m cash injection, with reports say- ing it is talking to banks and brokers over a deal to reset its capital structure.
PRO-PAC PACKAGING SHARES IN
facility to expand production, increase sustainable packaging efforts, and drive operational efficiencies. The lat- est funding will roll out across the next 12 months on innovation projects.
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Cadbury’s iconic Dairy Milk, Caramilk and Old Gold family blocks range will now be wrapped in 30% recycled soft plastic packaging. In a world-first for Cadbury, the choco- late-maker is supporting emerging
TRADING HALT
September/October 2022
inside: APPMA’s Machinery Matters Investment and growth in Australian packaging Advanced plastics recycling trials underway Eye tracking technology widens design scope Food packaging: fibre and mono move forward PACKAGINGNEWS.COM.AU
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Confectionery giant Mars Wrigley will spend $25.5 million on its Ballarat
MARS WRIGLEY BOOSTS
INVESTMENT IN BALLARAT PLANT
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