The food sector will see continuing growth in alternative, processed protein foods such as plant-based meats and other alternatives, according to a major report from AgriFutures Australia. AgriFutures, the successor to the Rural Industries Research and Development Corporation (RIRDC), estimates that additional opportunities for the protein sector will total more than $19.9 billion by 2030,…
At least one area of value-adding exports are booming – premium wines. Figures from Wine Australia showed the total value of Australian wine exports grew by three per cent to $2.91 billion in the 12 months to December 2019. The good news is that exports of higher valued wines – those above $10 per litre…
Specialist braking systems manufacturer Advanced Braking Systems is on a fast growth path, notching up sales of $4.3 million for the December half year, 32 per cent up on the corresponding period in the prior year. The Perth company boosted margins and achieved an EBITDA of $317,000 compared to a small loss the prior year.…
Rocket launch provider, Black Sky Aerospace and UK company Raptor Aerospace will conduct an international rocket motor test and sounding rocket launch campaign in Queensland’s outback. The campaign will begin later this month at the Beyond the Blue Aerospace sub-orbital launch facility at Goondiwindi, with Raptor testing and space qualifying their launch vehicles and systems.…
Comment by Peter Roberts If ever we need an argument for maintaining a viable local manufacturing sector, then look no further than the massive $4 billion cost blow-out in the metro rail project being built under Sydney Harbour. The project, originally to cost between $11.5 and $12.5 billion, will now cost $16.8 billion according to…
Bio-technology developer Cellmid has secured patent coverage for its Evolis anti-ageing hair care and hair loss products in the potentially large China market. The Chinese Patent Office has issued notification of its grant of the patent “method of treatment of Alopecia with Monoterpenoids.” Monoterpenoids are a class of terpenes found in botanical extracts and formulated…
The World’s Projected Energy Mix, from 2018-2040 Since 1977, the International Energy Agency (IEA) has put together the World Energy Outlook, a highly anticipated annual report that looks towards the future of energy production and consumption on a global basis. In the latest edition, the report dives into two very different policy scenarios that help…
A little known Adelaide company LeafCann is planning to invest $350 million in a major cannabis cultivation and production system, according to federal industry minister, Karen Andrews. The company, one of three to receive major project status from Canberra, plans a state-of-the-art cultivation and production facility in South Australia. Other projects are: # PhytoGro’s $140…
Explosives manufacturer Dyno Nobel, part of the Incitec Pivot group, will test the feasibility of manufacturing ammonia using renewable energy at its Moranbah site (pictured) near Queensland’s Bowen basin. The company has received a $980,000 grant from the Australian Renewable Energy Agency (Arena) to pursue the Feasibility of Renewable Green Hydrogen project at its ammonia,…
Cairns manufacturer Norweld Australia has taken to social media to spread the word about this encounter (pictured) between one of the locals in Africa and one of its its heavy duty aluminium ute trays “Every so often we receive photos from our customers that just blow us away…today was definitely one of those days. “The…
