PLAY PKN: Video Bulletin 19 July

In the news: Recycling Plastics Australia, PreOne, Visy, SIG, Re.Group, Southern Region Waste Resource Authority, MCC Albany, Tasmanian Bakeries, Studio Ramp, Farmers Union, Save Food Packaging, AIP, RMIT, Australian Packaging Covenant Organisation.

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Food & Drink Business

Wide Open Agriculture (WOA) has secured a $1.2 million tax rebate under the federal R&D Tax Incentive Scheme for FY24. The ASX-listed ingredient company says it reflects the large amount of R&D it has undertaken in developing its proprietary lupin protein isolates ready for market.

Forbidden Foods group revenues for the March quarter were up due to solid growth in physical store and online channels. The company reported a 171 per cent increase in net sales on the prior corresponding period (pcp), from $406,000 to $1.1 million.  

Tasmania-based biotechnology company, Sea Forest, has marked the next step in its journey to reduce harmful methane emissions – partnering with Australian restaurant group, Three Blue Ducks, to serve the world’s first low-emissions steak, Sea Fed Beef.