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Propak Industries will release what it says is Australia’s first 100 per cent post-consumer recycled (PCR) content stretch wrap. The new product is made entirely from recycled content resin, offering a circular solution for pallet security while enabling users to integrate recycled materials into their operations.

The stretch wrap incorporates a traceability feature, with a QR code printed on each box. This allows customers to track the origin of the soft plastics used in its production, supporting transparency and accountability in sustainable packaging.

To further enhance its circular approach, Propak Industries is introducing a closed-loop service for large users of soft plastics. The process involves collecting their soft plastic waste, sorting and cleaning it, converting it back into resin, and manufacturing it into stretch wrap that is returned to the customer for reuse.

Nationwide trials for the 100 per cent PCR stretch wrap will begin in early December, with full commercial availability scheduled for January.

Food & Drink Business

Alcoholic RTD brand, Barry, has completed a crowd-sourced funding campaign of almost $2,765,000 through OnMarket, supported by over 1880 investors. The raise broke OnMarket’s record twice for single-day sign-ups during the expression of interest (EOI) phase.

Mondelēz International has marked the 50th anniversary of its Scoresby confectionery factory with an $8 million investment in new packaging technology designed to support future growth and manufacturing capability in Australia.

Ready-to-drink cocktail company, Curatif, has opened expressions of interest for its upcoming crowd-sourced funding raise through OnMarket. Since its 2019 launch, Curatif has become one of the most awarded premium RTD cocktail brands, and is gearing up for international and on-premise expansion.