Glaciem Cooling Technologies is to demonstrate its refrigeration, thermal energy storage and heat transfer technologies which are designed to integrate with solar PV electricity generation. The Adelaide company has received $2 million in funding from the Australian Renewable Energy Agency (ARENA) as part of a $4.9 million trial at three locations. The company will install…
Engineering and industrial powerhouse Monadelphous (ASX: MHD) is to take part in the construction of the new Western Turner Syncline Phase 2 mine operated by Rio Tinto in the Pilbara. The company’s 60 per cent owned subsidiary, Mondium won the contract valued at $400 million for the engineering, procurement and construction of the mine and…
Nutritional dairy product manufacturer Wattle Health Australia (ASX: WHA) has announced changes to its businesses to speed market penetration for its locally made products. The organic certified company simultaneously announced a new venture, new arrangements with shareholder Chemist Warehouse, and new production arrangements. Wattle Health has signed a shareholders agreement with Nouriz (Shanghai) Fine Food…
Wireless video and data transmission technology company, Elsight Limited (ASX:ELS) has successfully conducted proof of concept field trials of its Halo communications platform with Israeli Aerospace Industries. Halo has been selected as a component of IAI’s communications solution for its robotics and unmanned vehicles business. The company will deliver an initial order of 50 Halo…
EcoGraf Australia (ASX: EGR) has signed a letter of intent with GR Engineering Services for the procurement and construction of its planned 20,000 tonnes per annum battery graphite facility at Kwinana in Western Australian. The milestone follows the development of a new chemical process tested on imported flake graphite to manufacture spherical graphite (SpG). EcoGraf’s…
You could soon be eating hemp infused soup with the news Tasmanian producer and manufacturer ECS Botanics Holdings (ASX: ECS) has secured shelf space for its products in Woolworths supermarkets. The company’s distributor, Just Foods, has secured distribution into Woolworths for ECS’s Mexican Spiced Bean Soup with Hemp and Indian Masala Lentil Soup with Hemp.…
Comment by Peter Roberts The recent news that Australia has surpassed Qatar to become the world’s largest exporter of liquefied natural gas (LNG) would normally be a thing to be celebrated. Australia’s 10 LNG projects exported an estimated 77.5 million tonnes of LNG in calendar 2019 earning $49 billion, according to data from consultancy EnergyQuest.…
KPMG has been appointed as administrators of the venerable McWilliam’s Wines Group which has failed after 141 years of continuous operation. Gayle Dickerson, Ryan Eagle and Tim Mableson of KPMG were appointed administrators of McWilliam’s Wines and Mount Pleasant Wines and are undertaking a review of the company’s Griffith and Hunter Valley winemaking assets. They…
Ellex cashes in on medical lasers Ellex Medical Lasers (ASX: ELX) has sold its opthalmic laser (pictured) and ultrasound businesses to London’s Lumibird Grouyp SA for $100 million. The company will return cash to shareholders and focus its business on devices to treat glaucoma and macular degeneration, both fast-growing areas. The company’s Adelaide factory has…
It looks like the world’s biggest bong, but the photograph from pharmaceutical manufacture IDT Australia is strictly legit. The Melbourne company has begun manufacturing medicinal cannabis for local producer Cann Group (ASX: CAN). The first product, medicinal cannabis dried flower, were packed by IDT under GMP certified conditions and will undergo testing ahead of release…
