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The second AIP State of Industry Webinar will be held on Wednesday the 15 May with GS1 Australia. It will include discussions on the National Framework for Recycled Content Traceability, the future of 2D and QR codes, the Packaging Catalogue and the Packaging Passport.

The presentation will focus on importance of identification, common language, standards and registries to share information; current application across the product lifecycle, with a focus on importance of traceability at the early manufacturing stages with a run through of a case study into the plastics traceability guideline, developed by the plastics equipment manufacturing sector for that sector in Germany.

The GS1 Australia speaker will be Dharshi Hasthanayake, manager – Sustainability and Circularity.

All AIP webinars attain points towards the Certified Packaging Professional (CPP) designation.

Register to attend here.

 

Food & Drink Business

In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.

International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).

Australian Vintage has secured a $128 million debt refinancing through to March 2028, with an option to extend a further year to 2029, as the McGuigan wines owner reports a significant second-half cash turnaround and upgraded sales momentum heading into FY27.