Cleanaway Waste Management has posted strong profit growth as its waste management services grow and the company reaps the benefits of its Blueprint 2030 restructuring platform. The company reported underlying EBIT profit of $173.9 million, up 25.7 percent on the previous corresponding period on revenue up 7.9 percent to $1.59 billion for the first half,…
Treasury Wine Estates, the maker of Penfolds wine, is preparing to re-enter the Chinese market as soon as the market reopens as expected to Australian exports. The company, which reoriented itself towards luxury and premium wine brands to make up for the loss of profits from China, told investors that it expected China to release…
Not content with Whyalla’s emergence as a green steel production hub, a second South Australian city – Port Pirie – has joined the race to become a green metals hub based on the state’s huge reserves of magnetite ore. While haematite from the Pilbara has been the source of most of Australia’s iron ore exports,…
Biotechnology manufacturer CSL has failed to prove the efficacy of one of its most promising drugs under development – CSL112 (apolipoprotein A-I [human]). As recently as last year the Melbourne company was testing the drug in reducing the risk of follow on adverse cardiovascular events (MACE) in patients following an acute myocardial infarction (AMI) or…
By Peter Roberts In all the orgy of offshoring that has hollowed out Australian manufacturing in the past few decades, few have stopped to ask why do those companies that remain local manufacturers remain here, when so many now source offshore? Palash Nandy, CEO of electrical equipment manufacturer Legrand Australia and New Zealand, has been…
By Peter Roberts Finally the Polly Waffle – that strangely popular chocolate bar made of baked waffle filled with marshmallow – is back.. That’s the good news. Not so good is that Adelaide confectionery manufacturer Robern Menz, which bought the rights to the Polly Waffle from Nestle, is not returning to the market with a…
By Peter Roberts Until now the talk in defence circles has been about the possibility that fewer than the planned nine Hunter class frigates might be built at a new shipyard at Osborne in Adelaide (pictured). This is something that has kept Adelaide manufacturers, already reeling from Australia’s recent on-again, off again submarine policies, awake…
Silicon battery developer Altech Batteries has reported ‘excellent progress’ in the manufacture of prototype CERENERGY battery developed in joint venture with Germany’s Fraunhofer IKTS institute. Fraunhofer has developed a pilot plant in Hermsdorf, Germany which has been building two 60 kWh silicon battery pack prototypes designed for the grid storage market since 2023. The battery…
Australian listed, Israel based climate tech company Dotz Nano has entered into a funding agreement with Mercer Street Global Opportunity Fund, a US-based investment fund managed by Mercer Street Capital Partners to raise up to $12 million. The funds from the issue of convertible notes will be used primarily to accelerate the development of the…
@AuManufacturing is on the hunt to identify and celebrate Australia’s 50 most innovative manufacturers. Here, Peter Roberts profiles one of 2023’s most innovative – 3D scanning manufacturer for the apparel sector, Bodd. In a back street off trendy Chapel Street Prahran in Melbourne what looks like a warehouse converted to a town house is the…
