Close×

Innovia Films is refocusing its research and development efforts on high-barrier materials, with plans to produce a range of new Biaxially Oriented Polypropylene (BOPP) products.

The first to market will be high barrier metallised films, followed by AlOx clear high barrier films and coextruded oxygen barrier films, according to global business manager Stephen Langstaff.

“We are very close to bringing these assets on stream and have already been working hard to develop new films that will help to extend the shelf life of a range of products, thereby reducing food waste," he said. 

"What is also exciting is that we will be developing options that will allow pack simplification, by removing/ replacing layers within lamination materials that restrict recycling.

"They will also assist in the production of mono layer materials for different applications that will enable them to be more easily recycled and be included in circular economy packaging design processes.”

Discussions under non-disclosure agreements with key brands are already underway to establish opportunities and map out specific requirements.

Food & Drink Business

Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.

Robotic Automation has been acquired by Varley Group, in a move both companies say will strengthen their ability to invest in automation and support Australian manufacturing.

Inghams Group Limited has significantly expanded its Victorian poultry breeding operations by partnering with ProTen, Australia’s largest corporate meat chicken grower.