Husband-and-wife-led material science company Great Wrap is in administration, with a reported $39 million in debts, citing a slump in demand as retailers and FMCG businesses began to recycle plastic in-house. Great Wrap was founded in 2019 by Jordy and Julia Kay, a winemaker and an architect respectively. They launched their first stretch wrap product…
Melbourne-based material science company Great Wrap has launched what it claims is the world’s first Compostable Pallet Wrap, made with food waste, to complement its range of domestic wrap offerings. The wrap is manufactured from potato peelings at Great Wrap’s 10,000sqm facility in Tullamarine, Victoria where capacity has risen to 5,000 tonnes of compostable stretch…
Compostable stretch kitchen wrap business Great Wrap has launched its Australian-made compostable catering wrap for businesses across the country. Made from food waste, Great Wrap initially launched a domestic Compostable Cling Wrap, but now provides a solution for commercial waste challenges that is suitable for restaurants, grocers, delis, bakers and more. The company also takes…
Melbourne start-up Great Wrap has launched a plant based, compostable and stretchy biodegradable replacement for conventional plastic wrap. The company’s Great Wrap product is made from plant-sourced PLA and PBAT and is suitable for kitchens or for wrapping pallets of goods in factories and logistics centres. The product is certified compostable, degrading in a compost…
The first Circle Awards were held on Tuesday night, with winners announced from circular economy leaders in Australia and New Zealand.
Husband and wife couple Jordy and Julia Kay began manufacturing what is Australia’s first and only certified home compostable cling wrap overseas, but have since onshored production to a Melbourne factory the couple are proud to say is fully solar powered. Their Great Wrap product, which is essentially indistinguishable from the carbon-intensive original, is manufactured…
Focus and finance were the dominant themes at Spotlight on Scaling Up, a recent half-day seminar by @AuManufacturing in partnership with AMGC, BDO, and the Australian Business Growth Fund. Keynote speakers Alf and Nadia Taylor shared their adventure from husband-and-wife engineering consultancy to an international food packaging and processing solution provider with a headcount of over 600…
As @AuManufacturing prepares to deliver our 2025 Australia’s 50 Most Innovative Manufacturers report this week, Simran Gill gives a wrap-up of the recent awards event. There are also video interviews from the day with Rux Energy, the Smartcrete CRC, Allegro Energy, Advanced Navigation, the Australian Business Growth Fund, Mapei Australia, and Australia Wide Engineering. Australia’s…
Husband-and-wife sustainable packaging company Great Wrap has held a $24 million Series A round ahead of the launch of its commercial bioplastics business. The Australian Financial Review reported over the weekend that the raise included $11 million from investors such as Thomas Food International’s Darren Thomas and Woolworths’ venture arm W23, as well as $13…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) $250 million-plus Additive Manufacturing CRC launched at Boeing A new seven-year Cooperative Research Centre, the Additive Manufacturing CRC, was officially launched at an event at Boeing Aerostructures Australia’s Port Melbourne facility on Wednesday. The successful CRC bid was awarded $58 million in…