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Trading results for the first three months of this calendar year at Pro-Pac Packaging have continued to perform below expectations. The company has now brought in a business turnaround specialist.

The early bird rate for the 2025 Australasian Packaging Conference, to be held on 6-7 May at the Sofitel Sydney Wentworth, NSW, is closing on 4 April.

A packaging symposium held in Melbourne last week brought together some of the industry leading minds to share up-to-the-minute ideas on the most pressing issues for packaging. Lindy Hughson moderated the event and filed this report.

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Food & Drink Business

Alternative protein non-profit, The Good Food Institute (GFI), has opened its 2025 request for proposals round, accepting applications from around the globe for its $3.5 million Research Grant Program.

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.