SECOS Group supply agreement expansion

SECOS Group (ASX:SES) is expanding its supply agreement with Ritchies IGA to provide compostable shopping bags. After a successful trial in five stores, the agreement now covers all 76 Ritchies stores in Victoria, New South Wales, and Queensland. This move aligns with efforts to reduce plastic waste and carbon emissions.

Overview and future outlook for SECOS Group

SECOS Group's expansion with Ritchies IGA signifies a major step in promoting sustainable packaging in Australia. The MyEcoBag® compostable bags offer a viable alternative to traditional bags, aligning with global sustainability trends. SECOS aims to influence industry standards and encourage legislative support for compostable solutions. With a strong market presence and ongoing innovation, SECOS is poised for growth in the sustainable packaging sector.

Executive insights on new supply agreement

The successful trial of our MyEcoBag® compostable bags with Ritchies IGA demonstrates the strong customer demand for sustainable alternatives. We are proud to expand this initiative across their entire store network, supporting Australia's environmental goals.