Close×

Pac Food will be demonstrating a new range of trays for the ready meal market at Foodpro.

Called CPET trays, they have been designed for convenience in a 'grab-heat-eat' context. Meals can be kept frozen and heated when ready, and are suitable for a wide range of cuisines, food styles, and applications.

The temperature range of these trays is -40°C to +220°C, which allows for the product to be stored in a deep freeze and placed directly into a hot oven or microwave for cooking.

The CPET range has many advantages and features that make it superior to other materials, specifically the glossy attractive finish, good barrier properties, various sizes and shapes, good sealing properties, leak-proof seal, vast range of temperatures and recyclability.

Pac Food offers various sizes and shapes, including the lidding film for the whole CPET range.

CPET trays are widely used in airline catering, foodservice, meal programs such as Meals on Wheels, central kitchens, and bakery products.

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.