Uncertainties in the recycling sector did not prevent waste management group Cleanaway increasing revenue and profits during the year. The company reported EBITDA up 2.5 per cent in the first half to $234.6 million on sales up 4.1 per cent to $$1.19 billion. The company’s $671 acquisition of Toxfree Solutions and subsequent integration into the…
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More than 1000 space leaders including NASA representatives and the president of the Italian Space Agency are in Adelaide today for an industry forum as the local sector continues to gain momentum.
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Industrial and healthcare glove manufacturer Ansell offered shareholders their 16th year of continuous dividend growth after the six months ending 31 December provided evidence of solid, but subdued growth. Ebit for the first half was up 4.8 per cent to $137.2 million (US$91.8 million) on sales up 3.9 per cent to $1.13 billion allowing the…
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Chemicals and explosives group Orica will take the lead in the Latin American explosives market buying Exsa, Peru’s leading manufacturer and distributor of industrial explosives. Orica will pay $302 million to penetrate the region’s fastest growing market and create a step-change in the company’s manufacturing footprint. As part of the deal Orica will integrate into…
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A beverage maker, packaging group and waste management company will jointly develop a plastic pelletising plant in Albury/Wodonga to close the loop and contribute to a circular economy. Pact Holdings, Cleanaway Waste Management and Asahi Beverages plan a facility to process up to 28,000 tonnes of plastic bottles and recyclables into flake and food grade…
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Additive manufacturing technology business AML3D is pushing ahead with its plan to list on the ASX next month and raise $9 million to fund its expansion in Australia and overseas.
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Jack Fahey, La Trobe University General Motors has announced the Holden brand will be “retired” in 2021. This week’s announcement has been a long time coming. The Holden brand has been in a state of terminal decline since General Motors ceased local manufacturing in October 2017. A once-dominant presence in the everyday life of Australians,…
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A $2.9 million project led by ASC Shipbuilding will develop “cutting-edge manufacturing technologies” for use on the Future Frigates program.
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The SmartSat Cooperative Research Centre based in South Australia today announced some of the first projects for the group that brings together more than 100 national and international partners in a $245 million research initiative.
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Robert Bosch Australia has begun construction of a new $17 million Melbourne plant to house its Bosch Manufacturing Solutions operation which advises manufacturers on automation strategy and builds automation equipment and special purpose machines The company announced today that the first sod had been turned on the construction which will also house the company’s Rexroth…
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