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Tokyo Pack 2018 saw Japan’s packaging industry working to scale back the nation’s huge food losses, finding ways into international marketplaces as domestic consumption dwindles with the population size and strategies to overcome a labour shortage, all the while trying to do right by the environment.

A special Tokyo Pack edition marked 50 years of the Asia Packaging Federation (APF) in the city of its birth with an AsiaStar awards ceremony rounded off with traditional Japanese dancing, and a seminar which highlighted Asian issues and the global, creeping metamorphosis of production, distribution and retailing, catalysed by advancing technologies with unforeseeable possibilities and unpredictable timelines.

Individual badge-holding visitors and exhibitors totalled 62,488 over the four-day show and peaked at 17,065 on the final day. They included overall 3,881 overseas visitors, which was 11.4 per cent higher than the previous edition and for the Japan Packaging Institute team of organisers this was proof of a growing international profile it has worked towards for the past two years.

On assignment for PKN, Joanne Hunter delivers Tokyo Pack’s top take-outs.

Food & Drink Business

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.

RMIT University and End Food Waste Australia have launched the new Food and Beverage SME Packaging and Machinery Solution Centre, to help Australian food and beverage SMEs navigate the complex transition to more sustainable packaging and processing technologies, while protecting product quality and minimising food waste.