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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

Companies developing the next generation of food, ingredients and biomanufacturing now have access to a food-grade pilot-scale precision fermentation facility in Australia.

Synlait Milk has reported a $75.4 million net loss for FY26, but a return to operational stability in the second half delivered a sharp improvement in earnings as the dairy processor continued its turnaround.

Australian ready-made meal business, Fast Fuel Meals, has entered voluntary administration, with more than $20m in creditor claims outstanding as the company considers a change of ownership.