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Amazon's deal to buy US supermarket chain Whole Foods Market is likely to further rattle the local food and beverage industry ahead of its Australian launch.

Amazon, which in April confirmed its intention to launch in Australia, bought the US grocery retailer for $US13.7 billion ($18 billion).

The chain, which mostly operates in upmarket locations and markets itself as 'America's healthiest grocery store', has been struggling, according to The Australian Financial Review.

The deal is reportedly the biggest ever for the e-commerce giant, and will significantly lift its bricks and mortar presence.

Packaging News

Clorox Australia, the company behind GLAD garbage and kitchen bags, has been fined $8.25 million after the Federal Court found it misled consumers about its environmental claims.

For the first time in New Zealand, the country’s only glass manufacturer, Visy, has achieved an average of 70% recycled glass content in its locally-made bottles and jars.

Amcor has been recognised with an AA rating by MSCI ESG Research for its strong sustainability performance.