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Packaging company Huhtamaki has launched a 100 per cent renewable paper cup for hot and cold beverages, ice cream, and take-away food.

Called Future Smart, the cup has a renewable bio-based coating and is made entirely from plant-based materials.

It uses paperboard from PEFC-certified sustainably managed forests and a newly developed plant-based polyethylene as a moisture barrier coating.

The company says it chose to move forward by substituting fossil oil-based plastics with fully renewable materials.

Food & Drink Business

Two of Australia’s peak business bodies have welcomed the federal government’s response to its Strategic Examination of Research and Development (SERD), but the Australian Industry Group (AiGroup) has raised sharp objections to a proposal it says will actively reduce the business R&D investment the report itself identifies as critically low.

A sweeping government review of Australia’s research and development system has recommended significant changes to tax incentives, manufacturing support and R&D funding to reshape how companies invest in innovation.

Food redistribution platform, Yume Food Australia, has been acquired by Procurement Australia, after the company went into liquidation last November. The technology will now be re-established and operated under Procurement Australia’s ownership.