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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

The federal government has released its formal response to the Senate Select Committee on Supermarket Prices, rejecting calls for forced divestiture powers while advancing a suite of supplier protections, pricing regulations and competition reforms.

In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.

International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).