Perth skincare manufacturer announces pre-tax profit up 277 per cent
Listed skincare materials producer Advance NanoTek (ASX:ANO) has announced a pre-tax profit increase of 277 per cent for the second half of 2019.
Aussie space incubator seeks global startups
Australia’s first space industry incubator has opened applications for its third intake and is looking to help international companies break into the sector.
LeafCann to invest $350 million in cannabis venture
A little known Adelaide company LeafCann is planning to invest $350 million in a major cannabis cultivation and production system, according to federal industry minister, Karen Andrews. The company, one of three to receive major project status from Canberra, plans a state-of-the-art cultivation and production facility in South Australia. Other projects are: # PhytoGro’s $140…
Dyno Nobel tests feasibility of making ammonia with renewables
Explosives manufacturer Dyno Nobel, part of the Incitec Pivot group, will test the feasibility of manufacturing ammonia using renewable energy at its Moranbah site (pictured) near Queensland’s Bowen basin. The company has received a $980,000 grant from the Australian Renewable Energy Agency (Arena) to pursue the Feasibility of Renewable Green Hydrogen project at its ammonia,…
Norweld trumpets its place in the wilds
Cairns manufacturer Norweld Australia has taken to social media to spread the word about this encounter (pictured) between one of the locals in Africa and one of its its heavy duty aluminium ute trays “Every so often we receive photos from our customers that just blow us away…today was definitely one of those days. “The…
Micro-X’s carbon nanotube X-ray machine in clinical use
X-ray equipment manufacturer Micro-X (ASX: MX1) has reached a major corporate milestone with its first lightweight portable X-ray machine now in everyday clinical use in Australia at The Alfred Hospital in Melbourne. The company is the first in the world to succeed in building a carbon nanotube electron emitter (pictured), the first major innovation in…
Coronavirus brings spike in lactoferrin exports
China export specialist JATENERGY (ASX: JAT) has reported a spike in sales of its dairy-derived lactoferrin products in China as a result of concerns there about the emergence of coronavirus. The exporter of Australian consumer goods reported that it has seen unprecedented demand for its Neurio lactoferrin brands, which are promoted as having beneficial effects…