NIOA Group CEO Robert Nioa has called for swift action to boost Australia’s defence industry so it could play a part in a future Indo-Pacific allied military force. Speaking to the American Chamber of Commerce (AmCham) Queensland Nioa said decisive action was needed due to a ‘palpable’ escalation of geopolitical tensions. Nioa recently inked an…
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Hamburg-based energy company Mabanaft has received a grant approval from the German Projektträger Jülich backing the construction of a new green methanol plant in Port Augusta, South Australia. Together with Australian renewable energy company Vast, Mabanaft is developing plans to build a demonstration plant with a capacity of around 7,500 tonnes of green methanol per…
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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…
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Syntara has announced that a Phase 2 trial evaluating the combination treatment of its SNT-5505 with chemotherapy will go ahead for patients with a form of blood cancer. In a statement this week, the ASX-listed drug development company – formerly known as Pharmaxis – said that its SNT-5505 (previously known as PXS-5505) would be trialled…
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Visy has officially opened its upgraded glass recycling facility at Laverton, Victoria which recently doubled processing capacity to 200,000 tonnes per annum. According to a statement from state environment minister Steve Dimopoulos – who opened the facility on Thursday – the $50 million expansion includes delivering 20 new optical sorters for processing glass pieces as…
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The federal government has published the latest Science, Research and Innovation budget tables, and will spend $12.6 billion in the 2023 – 24 financial year, made up of $9.2 billion in direct R&D and $3.4 billion through the Research and Development Tax Incentive. According to a statement on Thursday from industry minister Ed Husic, the…
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By Anya Phelan, Griffith University After the memorable collapse of Australia’s largest soft plastic recycling program REDcycle in late 2022, a new scheme is emerging. It’s remarkably similar, albeit on a much smaller scale. The trial underway in 12 Melbourne supermarkets intends, once again, to provide customers with an in-store option for recycling “scrunchable” food…
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Biotechnology giant CSL has reported net profit after tax for the six months ended December 31 of $1.9 billion, up 20 percent on the previous corresponding period. Underlying net profit was $2.02, set on revenue up 11 percent to $8.05 billion. CSL CEO and Managing Director Dr Paul McKenzie said: “Our strong first half result…
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Scott Basham resigns as Group CEO of HighCom Scott Basham, Group CEO of ASX-listed defence business HighCom Group — known as XTEK until November last year — has tendered his resignation to the board. “It’s been a tremendous privilege to lead and work with such a great group of people over that time all around…
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(Sponsored) There’s a breed of innovation present here, and which we don’t value highly enough, believes Steve Camilleri. The CTO and co-founder of cold spray additive manufacturing company SPEE3D explains it as a blend of professionalism and irreverence: a technical cleverness allowing a lot to be accomplished with a little, plus a refusal to accept…
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