MyEco Group (ASX:MCO) Adds Council Contract, Retail Ranging and FSC-Certified Bamboo Paper Range

Sonal Goyal

02 October 2026 10:21 AM AEST

MyEco Group (ASX:MCO) Adds Council Contract, Retail Ranging and FSC-Certified Bamboo Paper Range

Image Source: Shutterstock

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Key Highlights

MyEco Group was awarded preferred supplier status by Mildura Rural City Council for certified compostable kitchen caddy liners, with forecast first-year Revenue of approximately $162k (excluding GST).
Compostable bin liners and pet care lines are being ranged across Foodland (90+ stores), Ritchies IGA (80+ stores) and Cornetts IGA (16 Queensland stores).
A new 100% bamboo toilet tissue and paper towel range has been FSC-certified, with commercial launch via online channels targeted for H2 FY27.
The update follows the Growth Strategy released on 16 September 2026 and covers all three of the company's strategic growth engines.

Introduction: A Sustainable Products Manufacturer

MyEco Group Limited (ASX:MCO) is a developer and manufacturer of sustainable consumer products, packaging and materials. The group supplies consumer goods, packaging products, proprietary biodegradable and compostable resins, and films to Australian and global customers, and is integrated from resin production into bags and film.

Its headquarters and Global Product Development Centre are in Melbourne, while a Product Development Centre and a Manufacturing plant for resins and finished products are based in China.

Latest Development: Progress Across Three Growth Engines

On 2 October 2026, MyEco provided an update on the execution of the growth strategy it released on 16 September 2026, reporting progress across each of its three strategic growth engines.

Under the first engine, the council Supply channel, the company was awarded preferred supplier status by Mildura Rural City Council in September 2026 for certified compostable kitchen caddy liners. Forecast first-year revenue is approximately $162k excluding GST, with delivery expected in December 2026 or January 2027.

Under the second engine, retail distribution, two compostable bin liner products are featured in a promotional catalogue campaign that began on 30 September 2026 and is distributed to more than 90 Foodland stores across South Australia. Three compostable bin liner products and two pet care lines are in the permanent layout of more than 80 Ritchies IGA stores from September 2026. Ranging has also been secured for four compostable bin liner products in 16 Cornetts IGA stores in Queensland later this quarter. MyEco noted that this is its first ranging at Foodland and Cornetts IGA, and its first time in Ritchies' shelf Placement plan.

Under the third engine, product range expansion, MyEco announced a premium 100% bamboo toilet tissue and paper towel range that is Forest Stewardship Council (FSC) certified. Go-to-market plans are being finalised, with commercial launch targeted through MyEco's online distribution channels in H2 FY27. The images in the release are visual samples.

Sector Context: FSC Certification and Eco-Home Categories

The company explained that the FSC is a certification system for responsible forest management and forest-based supply chains. Achieving FSC Chain of Custody certification establishes audited sourcing and traceability systems, which MyEco says supports the commercialisation of FSC-certified paper-based products and its expansion into new Eco-Home categories. Its FSC licence code is FSC C231997.

MyEco's forward-looking statements note uncertainties including potential impacts from the Middle East Crisis, and state that no assurance can be given that actual results will be consistent with the statements made.

What to Watch Ahead

The release sets out several dated milestones: delivery under the Mildura contract in December 2026 or January 2027, Cornetts IGA ranging later this quarter, and the commercial launch of the bamboo paper range in H2 FY27.

The announcement quantified revenue only for the Mildura council contract. It did not provide revenue forecasts for the retail ranging or the bamboo paper range, and the paper range is still at the go-to-market planning stage.

The Bottom Line

MyEco Group (ASX:MCO) reported a council award with a forecast first-year revenue of approximately $162k, new ranging across more than 190 Foodland and Ritchies IGA stores plus 16 Cornetts IGA stores, and an FSC-certified bamboo paper range. The financial figure disclosed is limited to the council contract, retail benefits are not quantified, and the paper range is not scheduled to launch until H2 FY27. Future company updates will show how these initiatives progress.

FAQs

Q: What did MyEco Group (ASX:MCO) announce on 2 October 2026?

A:MyEco reported progress across its three strategic growth engines: a new council supply contract, expanded national retail distribution and an expanded product range with FSC-certified bamboo paper products.

Q: How much revenue is forecast from the Mildura Rural City Council contract?

A:The company forecasts first-year revenue of approximately $162k (excluding GST), with delivery expected during December 2026 or January 2027.

Q: Which retailers are now ranging MyEco products?

A:Foodland (more than 90 stores in South Australia), Ritchies IGA (more than 80 stores) and Cornetts IGA (16 stores in Queensland later this quarter).

Q: What is the new bamboo paper product range?

A:It is a premium 100% bamboo toilet tissue and paper towel range that is FSC certified.

Q: When will the bamboo paper range launch?

A:Go-to-market plans are being finalised, with commercial launch through MyEco Group's online distribution channels targeted for H2 FY27.

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