In this episode, Lindy Hughson, Managing Editor & Publisher of PKN Packaging News is joined by Wayne Robinson, PKN Associate Editor and Editor of Print21, to provide insight, analysis and commentary on the top news stories shaping change in Australia’s dynamic packaging industry in February.

We unpack the context behind AMCOR’s 60% profit crunch and loss of 2000 jobs following post COVID destocking and decreased volumes of flexible and rigid packaging, as well as Orora’s record breaking boost in revenue for its canning operation and itsrecent purchase of Saverglass. The discussion also gives us an update to Close the Loop’s strong half year, and we review the current status and trial of soft plastics collection in supermarkets. We get an insight into Pro-Pac’s decreased sales in flexible and specialty packaging due to challenges with reduced consumer spending, post COVID destocking, and decreased agricultural volumes. As well as Pact’s decrease in revenue caused by reduced demand in Australian, New Zealand, and Chinese markets, and get an update on the recent take over bid by Raphael Geminder.

We also review IVE’s investment into a $150m-a-year folding carton operation, and the opening of Visy’s $50m upgrade to its glass recycling facility and launch of its heavyweight retail paper bag. The discussion also explores Spicer's acquisition of Signet, the partnership between Jet and Actega to provide improved sustainable packaging solutions to ANZ, and gives a sneak peak into the IPPO forum at APPEX.

We wrap up by discussing Mondelez and Amcor’s deal to increase the recycled content of Cadbury’s chocolate wrappers to 50%, Frugalpac’s paper bottle production coming to Australia, and mourn the loss of Robert Becher who was the Managing Director of Inox and a director on the APPMA Board.

LINKS:

Sponsor - Trimatt

www.trimatt.com - 03 8761 6171 - [email protected] 

Women in Packaging Awards

www.pknwomeninpack.com.au 

2000 jobs go at Amcor as profit crunched

www.packagingnews.com.au/latest/2000-jobs-go-at-amcor-as-profit-crunched

Record can numbers boost Orora earnings

www.packagingnews.com.au/latest/record-can-numbers-boost-orora-earnings

Orora's purchase of Saverglass finalised

www.packagingnews.com.au/latest/orora-s-purchase-of-saverglass-finalised

Strong HY for Close the Loop Group

www.packagingnews.com.au/latest/strong-hy-for-close-the-loop-group

Trial for soft plastics collection underway

www.packagingnews.com.au/sustainability/trial-for-soft-plastics-collection-underway

Flexibles and Specialty sales fall at Pro-Pac

www.packagingnews.com.au/latest/flexibles-and-specialty-sales-fall-at-pro-pac

Pact half year revenues slip, EBIT rises

www.packagingnews.com.au/latest/pact-half-year-revenues-slip-ebit-rises

Geminder extends Pact offer

www.packagingnews.com.au/latest/geminder-extends-pact-offer

IVE looks to build $150m-a-year carton operation

www.packagingnews.com.au/latest/ive-looks-to-build-150m-a-year-carton-operation 

Visy opens $50 million glass recycling facility

www.packagingnews.com.au/latest/visy-opens-50-million-glass-recycling-facility

Visy launches locally-made retail paper bags

www.packagingnews.com.au/latest/visy-launches-locally-made-retail-paper-bags

Spicers Group to buy Signet Packaging

www.packagingnews.com.au/latest/spicers-group-to-buy-signet-packaging

Jet and Actega partner in sustainability drive

www.packagingnews.com.au/converting-and-printing/jet-and-actega-partner-in-sustainability-drive

IPPO Forum @ APPEX

www.packagingnews.com.au/yafevent/ippo-forum-appex

Mondelez, Amcor sign deal to source 50% PCR plastic

www.packagingnews.com.au/latest/mondelez-amcor-sign-deal-to-source-50-pcr-plastic

Frugalpac paper bottle production comes to Australia

www.packagingnews.com.au/latest/frugalpac-paper-bottle-production-comes-to-australia

Vale Robert Becher: MD of Inox, APPMA director

www.packagingnews.com.au/latest/vale-robert-becher-md-of-inox-appma-director

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The PKN Podcast is produced by Southern Skies Media on behalf of PKN Packaging News, owned and published by Yaffa Media.

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If you wish to use any of this podcast’s audio, please contact PKN Packaging News via their website www.packagingnews.com.au or send an email to [email protected].

MC: Grant McHerron

Host: Lindy Hughson

Producer: Steve Visscher

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