The Arnott’s Group and Stanwell Corporation have announced an eight-year agreement on renewable energy for the biscuit maker’s 40,000 square metre site in Brisbane’s north. The government-owned power company, Stanwell, would provide over 68 gigawatt hours of renewable energy and avoid the creation of over 44,500 tonnes of carbon dioxide – the equivalent of taking…
Pure Hydrogen has signed a funding agreement with Singapore hydrogen developer CAC-H2 to partially fund its planned Emerald biomass-to-hydrogen plant at Moreton Bay, Queensland. The joint venture waste-to-hydrogen facilities will take feedstock such as wood waste, and convert it into Emerald Hydrogen using state-of-the-art gasification systems, and are the first of a number planned by…
Food manufacturers are under threat from a European Union free trade agreement demand that would ban local companies from using common names such as ‘feta’, ‘parmesan’, ‘balsamic’ or ‘kransky’ on products – even if they have been making them for generations, according to the Australian Food and Grocery Council (AFGC). The EU wants Australian manufacturers…
MGA posts its progress Thermal energy storage startup MGA Thermal has announced its “longest continuous production run to date” on Linkedin. “We just successfully completed an automated Block production run and now have the MGA Blocks ready for final processing and use in our demonstration plant,” the company said in a Linkedin post. The news…
One of the previous federal government’s Industry Growth Centres, National Energy Resources Australia (NERA), has announced that it will conclude its operations in July. NERA said it is currently involved in helping “frame up a national coordinating body for Australia’s offshore wind sector”. The organisation said it had established a network of more than 5,400…
By Peter Roberts Industry and Science minister Ed Husic has lashed the federal opposition’s plans to oppose the government’s signature $15 billion National Reconstruction Fund – despite Labor taking the fund to the election and securing a mandate for the policy. Speaking in federal Parliament Husic called the coalition the ‘null-alition’ when it came to…
Building products group Boral has reported improved revenue and profit in the six months ended 31 December 2022 with its upwards pricing decisions taking hold, but the board again did not declare a dividend. In this the first year under new CEO Vik Bansal, the company reported an underlying net profit after tax (NPAT) of…
The focus of reporting on the AUKUS agreement between Australia, the US and the UK has been on the promise of locally built nuclear-powered submarines. But it is about so much more from AI and quantum computing, to hypersonic aircraft and systems. Here, Michael Sharpe explains how AUKUS will unlock the power of innovation Pillar…
