The Australian Government has approved a proposal to sell Alpine canvas to the US for $50 million.
Key points:A company is working on the sale of Alpine canvas, which can be used for a range of purposes, including cooking and bakingThe price will start at $50m, with the Australian Government funding an initial production run of 1,000 canvas piecesThe product is being marketed as a “clean alternative” to plastic, which has become increasingly popular in AustraliaAlpine will also be able to sell the product in the US at a discounted price of $75 per piece.
“This innovative product will provide a cleaner alternative to plastic to use in the food industry and for the residential market, helping to reduce plastic pollution, carbon emissions and the need for more sustainable packaging in Australia,” Alpine said in a statement.
“The Australian Government’s support is a significant investment in the sustainable development of the world’s largest and most environmentally friendly canvas.”
The Australian government’s decision comes as a new company, Alpine Canvas, is working towards an initial product production run in Australia of 1.5 million canvas pieces.
The Australian Federal Government has also funded an initial run of 100,000 Alpine canvas pieces for use in cooking and cooking accessories, the statement said.
Alpine, which was founded in 2006, manufactures and sells a range to include cooking implements, furniture and other items.
Its product, which is sold under the Alpine brand, is a clean alternative to plastics, which have become increasingly common in Australia, the company said.
The company’s first product, Alpine Ceramic Canvas®, was launched in 2013.
The canvas is made of recycled materials and has been widely used in food manufacturing.
The Alpine Canva product, however, is not meant to be used in cooking or baking, and the Australian Federal Environment Minister, Greg Hunt, said it was not suitable for this use.
“We’re not encouraging the use of the Alpine Canvas in food production or the baking of food, it’s not safe,” he said.
“But if you’re using it in the kitchen then you’re likely to be doing it for a very long time, so it’s important that it’s safe to use for that purpose.”‘
Alpine Canvas’ will be available in the USA at a reduced price of 75 cents per pieceAlpine says it expects to sell its Alpine Canvicas to the United States at a price between 75 cents and 85 cents per canvas piece.
The US market is expected to account for more than half of the company’s global sales.
Alpinist, which owns the New Zealand Herald and Wall Street Journal, will continue to operate the newspaper in New Zealand, while Alpine is set to sell a range in the United Kingdom and the United Arab Emirates.
“These are great opportunities for our company and for New Zealanders,” Alpine chief executive Officer Tom McClellan said.
“We’re confident that Alpine Canvias will be a huge success in both the domestic and international markets.”
It’s great to have the Australian and New Zealand governments’ support and we look forward to a successful launch in the coming years.