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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

The Victorian government has invested $5 million to support food rescue organisation, SecondBite, to triple its food relief capacity across the state, by expanding its Derrimut distribution centre.

Expressions of interest close on 19 July for FLIP NSW, a free statewide pre-accelerator designed to give women founders, including those building early-stage food and beverage ventures, the skills, networks and coaching to take ideas to market.

With the manufacturing sector continuing to grapple with uncontrollable industry pressures – rising input costs, supply chain volatility, tax pressures – manufacturers must arm themselves with the core financial structures needed to support them through this predictably unpredictable environment. RSM Australia's Ross Dixon writes.