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McDonald’s has announced it will eliminate foam packaging from its worldwide supply chain by the end of 2018 and continue its efforts to source its “fibre-based packaging” from recycled sources by 2020.

“While about two per cent of our packaging, by weight, is currently foam, we believe this small step is an important one on our journey,” the company wrote on its website.

The Chicago Tribune reported that this was the first time McDonald’s had committed to a specific deadline for removing polystyrene drink containers from its stores, after initially starting to phase out the material in 2013.

McDonald’s has agreed to end the use of polystyrene foam packaging globally by the end of this year, shareholder advocacy group As You Sow said.

Polystyrene has been widely used for single-use containers across the world for decades, but in recent years its negative environmental and health profile have led major companies to drop it.

Food & Drink Business

Independent beverage solutions provider, Refresco, has signed a 10-year prelease for the 25,500 square metre ground floor of Gateway Capital’s new multi-level industrial facility in Revesby, Sydney.

Queensland’s container refund scheme operator, Container Exchange (COEX), has announced an extension to payment terms for beverage manufacturers following industry consultation on the scheme’s pricing framework.

George Weston Foods has completed a $130 million redevelopment of its Tip Top Bakeries facility in Canning Vale, Western Australia. The upgrade follows a fire in October last year, which led to a temporary bread shortage across the state.