BHP and Exxon Mobil have begin work on the last remaining large gas reservoir in the offshore Bass Strait oil and gas fields. The $550 million West Barracouta project will only offset gas production in decline from other Bass Strait reservoirs, though it will maintain supplies in a time of shortage. Announcing the project in…
By John Broadbent, leader of Industry 4.0 Workshops – getting the rubber to hit the road Improving manufacturing performance is key to ensuring all resources are being utilised in the most efficient and sustainable way. Fundamentally, it’s about doing more with less, whether it’s utilities, raw materials, waste or people. The large majority of manufacturing…
Medical technology company Memphasys plans its first commercial sales of its unique Felix medical device to boost success in IVF procedures in the second half of 2020. The Sydney company told investors in a market update that its automated, non-DNA damaging lab instrument for sperm separation was undergoing assessment by a series of key opinion…
Medical technology company Respiri has taken delivery of its first batch of Wheezo devices to monitor wheezing and breathing in asthma sufferers. The devices, manufactured by miniaturised electronics manufacturer SRX Global, are the first of 500 Wheezos being delivered to prepare for full commercialisation of the product in the fourth quarter of 2020. SRX Global…
Australia’s leading machine tool manufacturer ANCA is to develop a novel hybrid additive-subtractive manufacturing platform to manufacture Tungsten custom designed cutting tools. The new line of machines (pictured), being developed with CSIRO, Sutton Tools and the Advanced Manufacturing Growth Centre (AMGC), has the potential to disrupt the global Tungsten cutting tool market. Successful completion of…
Carbon fibre nanotube X-ray manufacturer Micro-X is ramping up sales of its portable, lightweight X-ray units as countries step up efforts to quickly detect the extent of lung infections by the coronavirus. While a blood test determines infection by the virus, an X-ray is needed to determine the progression of the disease to severe states.…
Australian medical device manufacturer Uscom has boosted manufacturing capacity and restructured its China operation in a first half of the financial year that saw revenue down by about a third. The Sydney company reported revenue of $960,000 for the half ending in December in sales of its range of non-invasive devices. The China subsidiary was…
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…
