The Australian Workers’ Union has said “understandable concern” among members had followed the voluntary administration of Dandenong’s Oceania Glass, and raised a perceived lack of support for domestic glass manufacturing. In a statement on Wednesday, the union said its priority is currently “to gather comprehensive insights and secure explanations” from management and administrators of the…
Biome Australia Limited (ASX: BIO) has secured a co-investment partnership with Australia’s Food and Beverage Accelerator (FaBA). This collaboration, backed by $50 million in federal funding through the Department of Education’s Trailblazer Program, is set to turbocharge the development of Biome’s cutting-edge probiotic strain, Lactobacillius plantarum BMB18. Biome’s partnership with FaBA isn’t just about funding—it’s…
Australia’s Soap and Cleaning Compound Manufacturing industry is scrubbing up nicely, with revenue expected to hit a sparkling $3.3 billion by 2025. That’s right—our love for bubbles, disinfectants and eco-friendly suds has fuelled a steady growth of 3.4 per cent annually over the past five years, according to a new IBISWorld report. Post-pandemic, it’s clear…
Oceania Glass, a leading Australian architectural glass manufacturer based in Dandenong, Victoria, has entered voluntary administration as of February 4. Grant Thornton Australia partners Lisa Gibb, Said Jahani and Matt Byrnes have been appointed as Joint and Several Voluntary Administrators to oversee the process. Specialising in float glass, coated glass and laminated glass, Oceania Glass…
Two companies described as “small yet world-class high-tech manufacturers” have teamed up to crack on a thorny optical inspection problem and open up new commercial avenues. According to a statement from not-for-profit organisation the Advanced Manufacturing Growth Centre, its members ActionLaser and OptoTech recently worked together to develop an automated quality check solution for filters.…
By Scott French, UNSW Sydney In a hectic 24 hours of trade diplomacy, US President Donald Trump has paused his threatened 25% tariffs on US imports from Canada and Mexico, while keeping 10% tariffs on imports from China. Australian companies with operations in Canada or Mexico such as Rio Tinto, whose Canadian operations export billions…
