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A new version of Tetra Pak's plant-based package will be used by a US company named Just Water.

More than 80 per cent of the Tetra Top carton bottle comes from plant-based materials, and it now comes with a cap and top made from high-density polyethylene (HDPE) derived from sugar cane.

Combined with the FSC certified paperboard used in the main sleeve of the carton, this pushes its renewable content up from 53 per cent to 82 per cent, with no impact to its recyclability.

Just CEO Grace Jeon said the water company's goal was to reduce its impact on the environment while creating change in communities.

“Compared with different types of plastic water bottles, this bottle innovation significantly reduces the product’s carbon footprint," she said.

Food & Drink Business

SPC Global (ASX: SPG) says it remains on track to deliver 25 per cent growth in normalised EBITDA for FY26, with its Q4 trading update showing the $100 million equity raise completed in the quarter has cut net leverage to below 2x, as restructuring begins at its Shepparton site.

The New South Wales government is investing $28 million through the Agriculture Industries Innovation and Growth Program to support 14 innovative projects to help boost local jobs, regional economies and increase productivity across the agriculture sector.

With foodpro just weeks away and the Hive Awards winners recently crowned, the latest issue of Food & Drink Business is a reminder that an industry grows stronger when it gets in a room together. Our foodpro preview, Hive Awards review, and wrap of ConTech’s 30th conference are testimony to that. There are profiles of foodpro exhibitors, a spirited Rising Star, industry news and so much more.