NSW FOGO Mandate: A Boost for MyEco Group’s Compostable Solutions

SECOS Group Ltd ( (AU:MCO) ) has issued an announcement.

The New South Wales Government has announced a mandate for Food Organics and Garden Organics (FOGO) collection services for all households by July 2030, with businesses and institutions starting in July 2026. This initiative, supported by an $81 million commitment, aims to divert 950,000 tonnes of organic waste from landfills annually, transforming it into compost for various uses. MyEco Group Ltd is well-positioned to support this transition with its certified compostable products, aligning with the NSW Government’s best practices for waste management and contributing to a cleaner, sustainable future.

More about SECOS Group Ltd

MyEco Group Ltd is a vertically integrated producer of certified compostable products, focusing on providing environmentally responsible solutions for waste management. The company specializes in compostable caddy liners that comply with Australian standards, positioning itself as a key partner in waste reduction initiatives.

YTD Price Performance: -15.00%

Average Trading Volume: 168,967

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$10.14M

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