Chemistry, comparisons and complexity
Brent Balinski speaks to Samantha Read, Chemistry Australia’s CEO, about the new Chemical Sector Economic Contribution Analysis report, the effects of high gas prices, and the importance of economic complexity.
BlueScope delivers strong profit despite local slowdown
Integrated steelmaker BlueScope (ASX: BSL) has reported its third successive underlying profit of more than $1.1 billion despite a slowdown of sales in Australia. The company today reported an underlying EBIT of $1.35 billion, up six per cent, and a net profit after tax of $1 billion. CEO Mark Vassella said: “Despite some softening in…
What to make of all this plastic?
This week @AuManufacturing will feature a collection of Aussie innovators who are giving plastic a second life. But first, some context on the issue and why it matters. By Brent Balinski.
How politics might see Austal make a big overseas purchase
Analysis by Peter Roberts It was only a matter of time before politics and Australia’s expanding defence industry sector were going to mix in the type of dilemma that appears to be facing Australian global shipbuilder, Austal (ASX: ASB). The company has been named as a possible purchaser of a major traditional shipyard in the…
Boeing accelerates Loyal Wingman aircraft development
Boeing Australia is accelerating development of the Loyal Wingman unmanned aerial vehicle the company is developing in Melbourne and Brisbane for the RAAF. The company has advanced laboratory and prototype development in preparation for first flight of prototypes next year. Boeing has fielded 15 autonomous test bed aircraft to refine autonomous control algorithms, data fusion,…
Oventus wins new customers in the United States
Queensland medical device manfacturer Oventus (ASX:: OVN) has won two new customers in the United States for its O2Vent sleep apnea treatment device. The company announced Delaware Sleep Disorder Centres and Reliable Respiratory would adopt the company’s O2Vent device as an apnea treatment across 10 US health centres. A minimum of twenty devices will be…
Services drive Cochlear profits in competitive implant market
Services are increasingly driving profit growth for bionic ear manufacturer Cochlear (ASX: COH) in an increasingly competitive medical device market. The Sydney company sold 34,083 hearing implants in the year, down three per cent, as competitor new product launches in the United States and Germany hit sales. However sales are growing again with the launch…
Port Macquarie’s Birdon wins big in US defence market
Port Macquarie boat manufacturer and maritime engineering firm Birdon has won more than $700 million worth of new contracts in three months, including two contract wins in the United States.
South Australian companies lead defence industry innovation boost
By Jim Plouffe Defence industry SMEs from South Australia have won more than $8 million in contracts to provide the Australian Defence Force with a capability edge. Of the 15 contracts valued at more than $28 million awarded to Australian small businesses developing cutting-edge defence technologies, four are based in South Australia. Australian Minister for…
NSW government, GE Additive sign MoU on new 3D printing centre at Western Sydney Aerotropolis
The NSW government and GE Additive have signed an MoU to develop a 3D printing centre at the Western Sydney Aerotropolis.