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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

Nestlé will spin its waters and premium beverages business into a 50:50 joint venture with Platinum Equity, as the group reported a 31.4 per cent fall in first-half net profit. Its Asia, Oceania and Africa zone, which includes Australia and New Zealand, delivered the strongest growth of its three geographic regions.

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