BlueScope steel boosts its SE Asian manufacturing network.

BlueScope Steel (ASX: BSL) has purchased new steel coil treatment, galvanising and painting operations to add to its growing presence in South East Asia. The Melbourne company’s Malaysian subsidiary announced it would pay $42 million to buy YKGI Holdings Berhad’s (YKGI) manufacturing facility in Klang, Malaysia. The assets comprise a Push-Pull Pickling Line, Cold Rolling…

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CSIRO invests in the industrial future.

Government research group CSIRO is investing $35 million in forward-looking research in space technology and artificial intelligence. The investment will include the development of advanced imaging of Earth from satellites, in addition to cutting-edge data science to support the growth of AI technology. The investment is part of CSIRO’s Future Science Platforms which aims to…

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Renewables spark change and opportunity for industry.

Analysis by Peter Roberts. Step-changes in technology are accompanied by the demise of companies and industries, but negative economic effects are almost always outweighed by new business opportunities that emerge. As renewable take hold in electrical generation in Australia numerous companies have been formed or taken the opportunity to diversify. Examples include solar-voltaic panel manufacturer,…

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