Packaging manufacturer Pact Group has won a major sustainable project award for bringing Australia’s biggest PET plastic recycling facility to life in just 370 days. Pact was awarded the Australian Institute of Project Management’s Sustainable Project Management Achievement Award for NSW for the $50 million Circular Plastics Australia (CPA) PET plastic recycling facility in Albury,…
Additive manufacturing technology business SPEE3D announced that it conducted a successful hot fire test of its prototype rocket engine in Darwin in September. The company – which sells machines based on a variety of additive manufacturing known as cold spray – said the test was the first in a series of rocket engines and components…
Innovative green hydrogen developer Sparc Hydrogen has turned its focus to scoping out the construction of a pilot plant to prove its low cost processes to produce green hydrogen following the publication of a global patent application. The company, a joint venture between Sparc Technologies, Fortescue Future Industries (FFI) and the University of Adelaide, is…
Chemicals and explosives manufacturer Orica has announced a Statutory Net Profit After Tax (NPAT) for the year ended 30 September of $60 million, and underlying earnings before interest and tax (EBIT) of $579 million, up 36 per cent on the previous corresponding period. Return on net operating assets increased from 8.1 per cent in FY2021…
By David Bright, Deakin University and Monique Mann, Deakin University Last week, police seized about 80 illegal firearms across Victoria. These included eight homemade firearms, four of which were “military-style weapons”, as well as two 3D printers. This is the latest in a series of seizures of 3D-printed weapons in Australia: in 2016, Queensland police…
Vaxxas, a Brisbane-based company attempting to replace the needle and syringe for vaccine deliveries, has announced the first in-human trials for a Covid-19 vaccine candidate using its delivery platform. In a statement on Wednesday, the medtech company said a Phase I clinical study had been initiated, conducted at the University of the Sunshine Coast’s Sippy…
Treasury backs intervention to cut energy prices Treasury has taken the unusual step of backing ‘temporary and regularly reviewed’ market intervention to rein in high coal and gas prices. A statement from Treasury secretary Steven Kennedy read to a Senate estimates committee said price shocks “bring into scope government intervention”, though the government should not…
By Peter Roberts Perth minerals producer Iluka Resources is pressing ahead with its plans to process rare earths on Australian shores, capturing more value-adding of these critical metals for the local economy. The company’s latest update shows that all primary environmental approvals have been secured for its project at Eneabba north of Perth. The company…
A rise in sales during Covid-19 pandemic lockdowns has not lasted into Q1 FY22 for prestige food manufacturer Maggie Beer Holdings. The Barossa Valley company reported that Q1 FY22 sales were down 22.1 percent compared to the previous corresponding period which were boosted as consumers remained at home where they spent more time cooking. However…
Medicinal cannabis producer Cann Group and global pharmaceutical firm GlaxoSmithKline are progressing negotiations relating to the commercialisation of Cann’s Satipharm CBD capsules. Cann Group, which operates a major cannabis growing and processing centre at Mildura, Victoria (pictured) announced it was in negotiation with GlaxoSmithKline’s Australian arm Haleon. The negotiations involve an exclusive agreement covering distribution…
