Company Research Report: Pact Group

Company Overview

Name and Mission

Name: Pact Group
Mission: Lead the Circular Economy through innovative Packaging, Reuse, and Recycling solutions.

Founding and Headquarters

Founded by: No information is available.

Headquarters: Level 5, Building 1, 658 Church St, Cremorne, VIC, Australia 3121

Key People

Leadership: Includes a Board of Directors with a Non-Executive Chairman, one Executive Director (CEO and Managing Director), and four Non-Executive Directors.

Employees and Revenue

Number of Employees: Over 6,000 employees

Revenue: $1.8 billion

Specialization

Pact Group is known as Australasia's largest recycler of plastic resin, specializing in sustainable packaging, recycling, and reuse solutions.

Products and Services

Overall Offering

Pact Group offers products and services across four main areas: Packaging, Reuse, Recycling, and Contract Manufacturing. Their focus is on using locally sourced recycled materials and advanced technologies to support a sustainable future.

Detailed Offering

Packaging

Products: Bottles, cartridges, clamshell, caps & closures, drums, jars, trays, and more.

Description: Offers tailored solutions with sustainable materials, targeting industries such as Dairy & Beverage, Health & Personal Care, Household & Industrial, and Processed & Fresh Food.

Reuse

Products: Noise Walls, Custom Moulding, Garment Hangers, Mobile Garbage Bins.

Description: Focuses on eliminating single-use through reusable products, addressing both industrial and consumer needs.

Recycling

Materials: rPET, rHDPE, rPP, rLDPE.

Description: Specializes in converting post-consumer and industrial waste into high-quality recycled resins with expertise in advanced sorting and processing technologies.

Contract Manufacturing

Products: Home Care, Personal Care, Health & Wellness, Edible Oils, etc.

Description: Offers scalable solutions for manufacturing liquid, powder, aerosol, and nutraceutical products.

Recent Developments

New Partnerships: In September 2024, Pact Group teamed up with Hilton Foods Asia Pacific and Woolworths Supermarkets for circular innovations. Additionally, they partnered with CropLife Australia and Agsafe to launch the Drums-to-Drums initiative.

Product Innovations: The company has been creating Australia's first recycled plastic containers for agricultural chemicals and launched premium recycled versions of their SULO wheelie bins.

Technological Advancements: Pact is investing in polymer science and energy-efficient equipment to enhance their recycling capabilities.

Sustainability and Innovation

Pact Group has been recognized for its commitment to sustainability, including a pledge to reduce Scope 1 and 2 emissions by 50% in Australia and New Zealand by 2030. The company has received recognition from the Australian Financial Review as one of Australasia's Most Innovative Companies for ten years.