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Australia’s plastic packaging industry bracing for prolonged disruption, as conflict in the Middle East continues to drive sharp increases in resin costs, freight rates and supply uncertainty.

ASX-listed Papyrus Australia is progressing towards commercialisation of a proprietary process that converts banana plantation waste into refined pulp for use across paper, board and packaging applications.

Following its acquisition of Oji Fibre Solutions in late 2025, Abbe has confirmed full integration of the business, positioning itself as a scaled, national alternative in the corrugated packaging market.

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Food & Drink Business

The New South Wales government is investing a further $3.79 million in the state’s aquaculture industry, with four Shoalhaven projects selected under the Aquaculture Industry Development Program.

Western Australian independent foodservice distributor, New West Foods, has acquired Perth-based producer and distributor of European-style foods and beverages, European Foods.

Health and wellness company, Nuchev Limited, has appointed Matthew Parker as chief financial officer (CFO) on a permanent basis, following his commencement as interim CFO in January.