International shipbuilder Austal has accepted the resignation of its US President Craig Perciavalle following the completion of an investigation into cost escalations of Littoral Combat Ships (pictured) the company is building for the US Navy. Investigations by US regulatory authorities focused on Austal USA’s write back of work in progress attributable to the LCS program,…
Lower residential construction in Australia has seen turnover for construction materials group Adbri fall marginally in the full year to 31 December, only partially offset by increased lime sales. The company, the renamed Adelaide Brighton, reported net profit after tax of $93.7 million, up from $47.3 million in the previous corresponding period on revenue down…
Greg Whiteley ferrets out the facts about Australia’s company structure – and it turns out there are a tiny number of large businesses dominated by 99 per cent of companies with less than 200 employees. Yet the policy focus is all about big businesses. Time to change and develop policy suited to our SME business…
Graphene development company Sparc Technologies has demonstrated that its graphene product in solution can adsorb gold and silver from mine tailings dumps. Adsorption, not to be confused with absorption, is a process in which molecules are held loosely on the surface of an adsorbent. The company, which has licenced graphene-based technologies from the University of…
A HeidelbergCement cement plant in Hanover, Germany has been named as the site of the LEILAC 2 Low Emissions Intensity Lime And Cement demonstration plant which will further prove technology developed by industrial process technology company Calix. As part of LEILAC 1, a CO2 capture pilot installation with a capture capacity of 25,000 tonnes of…
Cann Group’s sales pass $1 million Medicinal cannabis producer Cann Group has reported sales of $1.1 million in the first half to December 31, at the same time giving further details of a previously announced cyber attack. The company reported an operating loss of $9.4 million despite dispatching initial orders to a number of international…
Welding technology company K-TIG has successfully developed welding procedures for high strength carbon steels in addition to its stainless steel capabilities, opening up access to a new market worth billions of dollars a year. The company, which manufactures patented, high productivity welding equipment and offers welding as a service, has proven welding of A516 Grade…
@AuManufacturing, the news and analysis website of the 7,300-member Australian Manufacturing Forum social media group, has launched its 2021 Media Kit. The kit details advertising and other opportunities for companies supplying the sector to get in front of our engaged manufacturer audiences. During 2020 our website, in only its second year, averaged 51,000 unique page…
BlueScope Steel’s profits have surged in the first half of the financial year with steel volumes and spreads in its major markets at their highest level in a decade. The company reported underlying earnings before interest and tax (EBIT) up 75 per cent on the previous corresponding period to $530.6 million. Australian earnings were up…
By Peter Roberts Australia has made good progress decarbonising the electricity market, but one of the most glaring of omissions in Australia’s national climate stance remains our tardiness on taking action in a transport sector still wedded to fossil fuels. However just as the states have led the way in renewable electricity, New South Wales…
