It’s set to be a challenging summer ahead for food and drink businesses, with many searching for a sustainable solution to combat rising electricity costs. So, what can your business do to secure a competitive energy edge as temperatures rise? Jacob Mahoney from Flow Power shows how.

The launch of wine and spirits company, 7000 Islands, will bring liqueurs and spirits from the Philippines to the local alcohol scene, while developing an export channel for small batch Australian wines to a growing Filipino market.

Phantm, a plastic reduction platform that wants to address plastic waste and promote the adoption of natural materials, has successfully secured $2 million in a seed round led by Blacknova VC and CoVentures VC.

Unilever will grant a free non-exclusive license to the ice cream industry for 12 reformulation patents, following two successful pilots to warm up its last mile ice cream freezer cabinets.

More than seven million kilograms of surplus food have been saved from landfill and redistributed using a sales and donation tech platform created by purpose led tech start-up Yume.

If Australian advanced manufacturing is to compete on a global scale, there needs to be a quantum increase in funding and government contracts, a report by national professional services firm RSM Australia says. The $15bn NRF is significant, but not enough to achieve this, the report said.

Food and Drink Business is very excited to announce it will be hosting its own awards program in 2024. The Hive Awards have been created to recognise innovation and excellence in Australia’s food and beverage manufacturing sector.

Cargill has opened the Cargill Cocoa Development Center, the first of its kind in the APAC region. Situated in Indonesia, one of the world’s largest cocoa producing countries, the center will address fast-changing Asian consumer preferences.

Young Henrys mission to ‘drink beer, save the world’ is pushing forward with further advancements to The Algae Project, installing Chart Industries’ Earthly Lab’s CiCi carbon dioxide (CO2) capture technology to its brewery, producing both gas for operations and food for its algae bioreactors.

OzHarvest founder Ronni Kahn has announced she will step down as CEO, succeeded by James Goth. Khan will continue in a new role at OzHarvest and will remain on the board.

Future Foods Company (FFC) says it’s looking for change-makers, creators, and entrepreneurs with start-up ideas on how to manage waste in the agrifood system to take part it its new Circular Value program.

Saputo Dairy Australia (SDA) says a review of its King Island Dairy plant in Tasmania will scope options for its future, including its sale. SDA also announced it was allocating $27 million for upgrades at its Victorian and Tasmanian plants as part of Saputo Inc’s Global Strategic Plan.

Business has changed and will keep on doing so. Competition is increasing and consumers are changing their habits. Terry Smagh from Infor looks at trends to keep in mind as you prepare for 2024.

The New South Wales government has resumed the MVP Ventures Program, albeit on a smaller grant size scale. Reopening to applications from 4 December, $3 million will be available annually.

A new project dubbed Pay-As-You-Save (PAUS) has been launched today in New Zealand to make it easier for Fonterra farmers to access next generation milk chilling technology.

Founder and CEO of Fight Food Waste, Dr Steven Lapidge, will join an international league of influential and highly respected industry leaders, known as Champions 12.3, to accelerate the fight against food waste.