Nufarm rides good farming conditions to rising profit Agricultural seeds and crop protection manufacturer Nufarm has ridden agricultural commodities at above average levels to report underlying net profit after tax up seven percent on the previous corresponding period to $142 million in the six months to 31 March, 2023. Gross profit was $609 million, while…
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Brisbane’s EM Solutions has secured a contract with the Australian Defence Force to provide equipment to modernise communications aboard Royal Australian Navy ships. The company, a subsidiary of Electro Optic Systems, will supply equipment to modernise voice and data communications and information exchange capabilities for RAN vessels under the ADF’s Project SEA1442-5 requirement. EM Solutions…
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Samsara Eco and sportswear maker lululemon have announced a “multi-year collaboration” that involves lululemon taking a stake in the recycling technology company and Samsara processing used nylon 6,6 and polyester to be remade into garments. In a statement on Friday, Samsara said that nylon and polyester represent about six-tenths of clothing made today, with around 87…
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Shipbuilder Austal has announced it was won a US$113.9 million fixed price contract for detailed design of the Auxiliary General Ocean Surveillance Ship T-AGOS 25 class for the United States Navy. The contract includes options for construction of up to seven T-AGOS 25 class vessels which, if exercised, would bring the total contract value to…
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Micro and nanoplastics are pervasive in our food supply and may be affecting food safety and security on a global scale, according to a new study led by science agency CSIRO. The study is one of the first to analyse the academic literature on microplastics from a food safety and food security risk viewpoint, building…
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Australian 3D printing technology company, Luyten 3D has announced a groundbreaking partnership with Alquist 3D which will see it supplying its proprietary 3D concrete mix to Alquist 3D for the building of houses and dwellings in the United States and Canada. The partnership brings together two 3D printing businesses to accelerate the build of 3D…
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Our editorial series Celebrating Australian Made, coinciding with Australian Made Week, turns to something all Australians want – a good night’s rest on a great bed. Here Nicholas Way profiles Sealy Australia which has been giving us just that since the 1920s. The bed manufacturing industry is one of Australia’s success stories. Unlike many other…
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To close out the first week of Celebrating Australian Made, our editorial series sponsored by the Australian Made Campaign Limited, we consider Kilmaille Knits. Brent Balinski speaks to founder Sue McClure. Sue and Malcolm McClure are fifth-generation wool growers, with mothers and grandmothers who were passionate knitters. “Synthetics sort of came in during my childhood,”…
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Corvus Technology Solutions names new GM Corvus Technology Solutions (CTS) announced the appointment of Nick Williams as General Manager this week, effective immediately. Williams joins the company as it enters “its next phase of growth and will play a key role in the Corvus’ ongoing partnership with Hanwha Defense Australia (HDA)” which is among the…
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Poker machine manufacturer and online gaming company Aristocrat Leisure has shrugged off economic headwinds to post strong revenue and profit gains in the six months to 31 March, 2023. The Sydney company reported net profit after tax and before amortisation (NPATA) up 14 percent on the previous corresponding period of $659 million. This reflected in…
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