Business Scoop


Fonterra Requests Temporary Trading Halt

Press Release – Fonterra

Fonterra Co-operative Group Limited (for itself and on behalf of Fonterra Shareholders Fund) has requested an immediate trading halt to be applied to their respective securities on: Read more »

Philip Morris (NZ) calls for appropriate packaging

Press Release – Philip Morris

AUCKLAND [8th August 2018] Philip Morris (New Zealand) Limited (PMNZ) today announced that it will be placing its smoke-free product, HEETS , into cigarette-style packaging to comply with the Ministry of Healths interpretation of standardised … Read more »

Process heat study finds energy efficiency gap

Press Release – Energy Efficiency and Conservation Authority

A new report by PwC identifies how and when businesses spend money to reduce energy use and carbon emissions in some manufacturing processes. Read more »

Sustainable plastic recycling solution for farmers

Press Release – Agrecovery Foundation

As plastic waste hits the headlines again, rural recycling programme Agrecovery assures farmers and growers that it offers a complete and sustainable local solution for empty agrichemical containers and drums. Read more »

Steel & Tube attracts ‘several new large investors’

Article – BusinessDesk

Aug. 8 (BusinessDesk) – Steel & Tube Holdings attracted several new investors in the first tranche of a deeply discounted $80.9 million capital raise, which it will use to shore up its balance sheet in a wider restructuring of the steel building … Read more »

Sharp Electronics Releases Millennial-Inspired Microwaves

Press Release – Sharp

Not sure how to pronounce Quinoa? Cant bake a cake to save your life? Fret not – the new, convenience-focused range from Sharp New Zealand will take care of your meal times from starters to dessert. Read more »

Ecostore Backs Diagnostic Study on Plastic Packaging System

Press Release – Ecostore

Ecostore is backing a new diagnostic study of New Zealands entire plastic packaging system. The work will identify key challenges and interventions for the adoption of a circular economy approach to plastics. Read more »

Steel & Tube to sell $80.9M of shares to repay debt

Article – BusinessDesk

Aug. 7 (BusinessDesk) – Steel & Tube Holdings, the steel supplier whose shares have lost almost a third of their value this year, plans to raise about $80.9 million to repay debt and strengthen its balance sheet as it restructures its business under … Read more »

Steel & Tube Announces $80.9 Million Capital Raising

Press Release – Steel and Tube Holdings

Steel & Tube Holdings Limited (NZX: STU) advises that it intends to raise approximately $80.9 million to recapitalise its balance sheet and allow it to execute its business transformation initiatives and achieve its longer term strategic objectives. The … Read more »

Kiwi Ingenuity a Stand-Out at This Year’s Pork Awards

Press Release – New Zealand Pork

New Zealands creative culinary ingenuity shone bright at The Orange in Auckland last night, where a mix of local farmers, butchers, retailers and industry leaders gathered to celebrate the winners of the eleventh annual Pork, Bacon and Ham Awards. Read more »

Okewa Launches Recycled Line From Plastic Bottles

Press Release – Okewa Rainwear

The humble raincoat doesnt usually spring to top of mind as a wardrobe favourite but emerging Wellington-based brand Okewa is out to change that. Okewa has launched a Kickstarter project for their new capsule collection made from 100% recycled plastic … Read more »

Pact Group launch first rPET bottles for NZ milk producer

Press Release – Pact Group

Pact Group subsidiary Alto Packaging has announced the launch of the new 750ml and 1.5litre milk bottles made from 100% recycled plastic polyethylene terephthalate (rPET) for Lewis Road. Read more »

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