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

The latest report from RaboResearch has found impact from the Reserve Bank’s fifth interest rate rise this year on the food and beverage sector is weakening demand, raising input costs and splintering food inflation by category.

Adelaide brewer, Coopers Brewery, recorded its third year of volume growth in FY26, lifting keg sales by 7.4 per cent and reporting a 6.2 per cent profit before tax increase to $23.9 million.

Contract brewer, Tribe Breweries, has acquired Gold Coast craft brewer Black Hops out of voluntary administration. The price has not been disclosed, but Tribe says all Queensland roles and 90 per cent of jobs nationally to be retained.