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New European rules on generic environmental claims have prompted the Australasian Bioplastics Association to warn that packaging carrying poorly substantiated claims could be marketed in Australia.

Australia's environment ministers have declared packaging reform urgent and named soft plastics as an initial priority, but offered no firm timetable or regulatory commitments. SPSA has welcomed the soft plastics focus, while Boomerang Alliance and WMRR have raised concerns about the lack of concrete action.

Economic analysis commissioned by SPSA estimates national recycling reforms could deliver up to $278m in net productivity gains and stimulate up to $2.6b in capital investment each year.

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Food & Drink Business

CocoCoast is targeting $200m in annual revenue within five years after growing 53% in the past year, as it looks to exploit gaps in the US beverage market created amid tariff disruption.

The evolution of fermentation from familiar tradition to a powerful platform for future food innovation was the topic of conversation at a recent invitation-only Novonesis business breakfast for business leaders from the Australian and New Zealand food and beverage industry.

Food & Drink Business’ latest print issue is hitting desks, bringing readers up to speed with the innovations, partnerships and industry achievements shaping the Australian industry.