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Asian markets to help secure our food future: Visy

Visy Industries Australia's executive chairman, Anthony Pratt, used the recent opening of a new $50m recycling facility in Smithfield to announce the company's intentions to expand north.

Last Friday saw the opening of Visy's 100 percent recycled plastics plant in Sydney's Smithfield, which Pratt says could take about 2 billion plastic bottles out of the waste cycle.

According to AFR, Pratt used the event to emphasise the potential for Australia to become a "clean food bowl" for Asia, which has an increasing focus on the health and safety of food.

"We can be the clean food bowl of Asia in Australia so if there was an industry that is worth backing, it's the food industry. Australia grows things so well," he said.

"Increasingly in Asia, because of concerns about health and safety, they want a product that is shelf stable and can last, and is tamper-proof, so packaging is important in getting there in an attractive and efficient manner.

"If we can do that we'll help secure the future of Australia's food and beverage industries which make up more than 70 percent of Visy's customer base."

Visy's plans form part of Australia's efforts to quadruple food exports to Asia.

 

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