Waste treatment technology SciDev has received a trial order for its technology from Syncrude, one of the largest players in the Canadian oil sands industry. Syncrude will conduct a two week trial using SciDev’s chemistries to treat waste in the company’s full-scale tailings centrifuge plant. SciDev, a leader in the development and application of both…
The Federal Government is backing two new incubators to help bold ideas get off the ground. Industry minister Karen Andrews said $23 million in funding had been awarded since 2016 under the Incubator Support initiative with the latest funds to go to: # Social Impact Hub (NSW) with a grant of $385,000 # Maker &…
Biotechnology drug developer Bionomics has sold its French subsidiaries to focus on commercialising its lead drug candidate to treat post traumatic stress disorder. The company sold Neurofit and Prestwick Chemical which carry out contract research to Domain Therapeutics. Consideration for the sale was $3 million which is the amount of inter-company debt owed by Bionomics…
China export specialist Jatenergy (ASX: JAT) has received its first order from new non-exclusive China distributor Ocker Products for dairy products as part of a deal which could be worth $80 million. The exporter of Australian consumer goods received an order for US$ 1.5 million dollars of unspecified dairy products according to a company announcement.…
Sydney technology developer Barry Westlake has developed and tested a prototype electric vehicle which overcomes many of the problems first faced more than a century ago by motoring pioneer Ferdinand Porsche. Westlake, director of BAAD Concepts Pty Limited, has developed a fully electric, light weight medium compact vehicle capable of driving over all terrain from…
Four of the largest potato producers in Australia want to convert 100,000 tonnes of potato waste and peelings currently going to waste annually into high value starch-based products. The Mitolo Group, Zerella Fresh, Thomas Foods International Fresh Produce and the South Australian Potato Company will invest $1 million along with the University of Adelaide and…
Adelaide’s Fleet Space Technologies has selected California-based Tyvak International to mass-produce satellites for Fleet’s Low Earth Orbit nanosatellite constellation. The selection was revealed on social media by South Australia’s Department for Trade and Investment. The Department said: “It’s onwards and upwards for these two companies who are rocketing into space and proving that South Australia’s…
Modular data centre specialist DXN has signed a contract to supply its tenth pre-fabricated modular data cable landing station to the Pacific islands. The latest agreement, for $714,000, will see three terrestrial cable landing stations constructed, delivering high-speed broadband communications to Tokelau. DXN announced the contract with Telecommunication Tokelau Corporation which supplies services to the…
Packaging company PACT Group has committed to investing $500 million with its partners in existing and new facilities to further the recycling and reuse of plastic materials. Pact chairman Raphael Geminder made the pledge at a National Plastics Summit at Parliament House, Canberra as part of plans to lead the development of a circular economy.…
Australia’s largest food manufacturer, Nestlé and recycler iQ Renew are to trial the collection and recycling of soft plastics into a resource. The two announced the trial which will collect soft plastics from over 100,000 homes through kerbside recycling an a National Plastics Summit in Parliament House, Canberra. iQ Renew CEO Danial Gallagher said there…
