Gladstone to get “first in Australia” gas network hydrogen supply
A $1.7 million grant has been announced to support a new gas injection facility, which will add up to 10 per cent hydrogen into Gladstone’s gas network.
Details
a2’s specialised milks show strong growth
Australasian dairy powerhouse a2 Milk continued its rapid growth in the first half of the year, boosting revenues and profits and accessing an increasingly global marketplace. The company booked an EBITDA up 20.5 per cent to NZ$263.2 million on total revenue up 31.6 per cent to $806.7 million. Net profit after tax was $184.9 million.…
Details
Bubs powers ahead in infant formula market
Infant and goat milk group Bubs Australia is powering ahead with its plans to penetrate the China market, boosting revenues by 37 per cent on the previous year to $28.8 million in the December half. The company was focused on market development in the period, penetrating new distribution channels in China, entering the Vietnam market…
Details
Advanced Manufacturing Expo preliminary program now available
AMX2020 will run from May 13 to May 15 at the Sydney Showground, and cover themes including automation and robotics, industrial IoT, and government grants.
Details
Bondor to recycle plastics into prefabricated building components
The Bondor Metecno Group and its partners will use a $2.7 million Cooperative Research Centre Projects grant to transform plastic waste into lightweight prefabricated building products. The leading manufacturer of insulated wall, ceiling and roof panels will work with Pipemakers Australia , M Modular Pty Ltd and the University of Melbourne to boost the local…
Details
Defence companies vie for slice of $35 billion Australian frigate pie
Detailed planning for Australia’s Hunter Class Frigate Program is well underway as local companies vie for a slice of the $35 billion project.
Details
Calix announces 144 per cent revenue increase for half-year
Chemical technology business Calix (ASX: CXL) has announced a sales revenue increase of 144 per cent in the first half of the financial year.
Details
Titomic in breakthrough sale
Industrial scale additive manufacturing company Titomic has made a breakthrough sale of two massive production machines with the total sale valued at $25.5 million (US$16.8 million). The company changing deal is with Composite Technology, an Australian R&D and commercialisation division of a global defence product manufacturer. Titomic’s Titomic kinetic fusion (TKF) production process will be…
Details
Matrix Composites recovers as sales boom
Underwater systems composite manufacturer Matrix Composites & Engineering has continued its turnaround posting an underlying EBITDA for the first half of $1.2 million, a $3.4 million improvement on the lost recorded in the previous corresponding period. The manufacturer of underwater buoyancy systems for the offshore oil and gas sector saw revenue increase from $11.3 million…
Details
PCB maker eyes further JSF work internationally
Queanbeyan’s Lintek has upgraded its facility, and is attempting to increase its participation in the global F-35 program. Lintek employs roughly 50 at the site, and makes microwave and high-frequency printed circuit board using a patented “high vacuum deposition” process, enabling very accurate copper features to be created. It is a supplier to government departments,…
Details