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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

The Australian horticulture export sector has recorded its strongest year on record, according to the Hort Innovation 2024/2025 Australian Horticulture Statistics Handbook. Nuts, particularly almonds, and fresh fruit have led the charge, with growing demand across key Asian and global markets.

Premium food company Maggie Beer Holdings (ASX: MBH) has reported a sharp improvement in profitability for the first half of FY26, as cost reductions and operational reforms begin to deliver results.

Infant formula and baby nutrition company Bubs Australia has reported a strong improvement in earnings for the first half of FY26, driven by rapid growth in the US market and a favourable product mix.