• APCO CEO Chris Foley joins PKN Publisher Lindy Hughson.
    APCO CEO Chris Foley joins PKN Publisher Lindy Hughson.
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PKN talks... National Packaging Targets 2025 in review, and next steps for the packaging industry with APCO CEO Chris Foley.

The Australian Packaging Covenant Organisation (APCO) has released its review of the 2025 National Packaging Targets, in which it calls for a stronger co-regulatory model that will strike a balance between industry-led action and effective government regulation.

In this episode, PKN managing editor & publisher Lindy Hughson sits down with APCO CEO Chris Foley, to talk through the key findings of the review and to hear about APCO's vision for the way forward.

In the face of the disappointing reality delivered by the headline data that the targets are not on track to be met by December 2025, Foley dissects some of the data in depth and explains that the biggest challenge lies with the target of recycling or composting 70 per cent of plastic packaging.

The discussion gives us a comprehensive evaluation of current packaging solutions for flexible and rigid plastic packaging and whether we can meet our capacity to recycle them.

We discuss the APCO Review's key findings and suggestions, with a focus on what can be achieved by the 2025 deadline, and also looking beyond 2025. Foley talks on resetting the co-regulatory and collaborative frameworks between government and industry, and interventions to regulate packaging materials to promote circularity.

Read more on PKN here

 Download the APCO report here

Food & Drink Business

Global yoghurt company, Chobani, has completed a $1 billion (US$650 million) equity capital raise as it plans to expand its manufacturing operations in the US. The raise was advised by law firm Gibson Dunn.

Treasury Wine Estates (TWE) says it is not in a position to revise its guidance for FY16 due to lower-than-expected performance in China and distribution issues in California. The company said it was unlikely to meet FY26 depletion targets for Penfolds in China.

For more than 35 years, family-owned producer, Gourmet Dairy Co., has been manufacturing sauces, dairy and non-dairy products under its own brands and as a contract manufacturer for some of Australia’s most recognised labels. Now, the company is investing more than $1 million to expand its production capabilities and support new product innovation.