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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

A $27 million write-down of legacy inventory drove reported EBITDAS to negative $35 million, while net debt finished at $89 million against $90 million guidance.

SPC Global has delivered normalised EBITDA of $38.5 million for FY26, up 27 per cent and ahead of guidance for 25 per cent growth, on net sales revenue of $331.8 million.

Turnover and employment are at record levels in Australia’s food and grocery manufacturing sector and exports are also climbing, according to Australian Food and Grocery Council’s (AFGC) latest State of the Industry report. But the figures came with a warning – ongoing pressure on margins and operating costs could weaken the sector’s capacity to invest and grow over the long term.