Applications open for advanced manufacturing trade mission to India
Applications are open for the NSW-India Advanced Manufacturing Trade Mission, which will take up to eight companies on a ten-day, four-city business development tour.
Aurora Labs in independent audit of its 3D metal printed parts
Additive manufacturing technology company, Aurora Labs Limited (ASX: A3D) has signed an agreement with DNV GL to provide certification services for parts made with the company’s 3D metal printers. The Perth company will offer certification and audit services for parts through DNV GL, which will develop an independent certification process. Aurora has developed 3D metal…
De.mem reports strong sales quarter
Australian-listed water and wastewater treatment business De.mem Limited (ASX:DEM) recorded a strong result in its December 2019 quarterly activities report. Cash receipts of $3.3 million were received during the period, an increase of 69 per cent on the same quarter in 2018. The company reported a cash balance of $8 million as at 31 December…
JATENERGY boosts Australian consumer product exports to China
China export specialist JATENERGY (ASX: JAT) generated $700,000 in net cash from the $20.8 million in cash receipts it received in the December quarter of the financial year. The exporter of Australian consumer products, which has now recorded three quarters of positive cash flows, noted a number of major milestones in the quarter. The company:…
Cooper Basin gas deal to power Sydney polyethylene manufacturing
Major South Australian oil and gas companies Santos and Beach Energy have announced the extension of ethane gas supply to Sydney-based Qenos as part of a Cooper Basin joint venture.
US-China phase one trade deal: what does it mean?
By Professor Heng Wang, Co-Director of the Herbert Smith Freehills China International Business and Economic Law Centre (CIBEL), University of NSW A temporary truce in the ongoing economic conflict between the two largest global economies has been reached with phase one of the new trade deal between China and the US. As a first step, the…
Boeing announces record loss, reduced production of 787s
Boeing has announced a full-year net loss of $US 636 million, its worst-ever result, and that it will cut production of its 787 Dreamliner aircraft from 14 to 10 per month.
Travelan sales grow on travel bug fears
Pharmaceutical company Immuron Inc has announced strong sales growth of its Travelan product for the prevention of travellers’ diarrhoea. The company reported Travelan sales were up in all markets with sales in the first half of the year rising 55 per cent to $1.7 million. Sales growth in Australia where the product is being advertised…
EMVision stroke detection instrument used in patient trials
Medical technology group EMVision Medical Devices (ASX: EMV) has begun clinical trials of its novel stroke detection instrument (pictured). The company announced that it had received the green light for trials which have now begun at the Princess Alexandra Hospital in Brisbane. EMVision CEO Ron Weinberger said: “Taking a prototype of our complexity from the…
WA announces new locally made train design
The Western Australian Premier Mark McGowan has announced the design for the new Australind regional express trains (pictured) to be built in the state. The government, which previously announced construction of new suburban rail cars in Perth, will contract the construction of two, three-car sets in a $54 million order. The new Perth-Bunbury trains feature…