Global surgical and protective glove manufacturer Ansell has moved to shore up its supply chain with the purchase of 50 per cent of Malaysian latex glove manufacturer, Careplus Group for $13.4 million. The joint venture essentially adds the current Ansell supplier of nitrile powder-free examination gloves with annual sales of $56 million and a factory…
Perth company Strategic Elements has demonstrated its nanocube data storage device (pictured) to a major printed electronics conference in Finland involving 50 companies in the field of printable electronics. The company’s Sydney product engineers, at its subsidiary Australian Advanved Materials, have been working with the University of New South Wales, CSIRO and VTT Finland to…
The food sector will see continuing growth in alternative, processed protein foods such as plant-based meats and other alternatives, according to a major report from AgriFutures Australia. AgriFutures, the successor to the Rural Industries Research and Development Corporation (RIRDC), estimates that additional opportunities for the protein sector will total more than $19.9 billion by 2030,…
At least one area of value-adding exports are booming – premium wines. Figures from Wine Australia showed the total value of Australian wine exports grew by three per cent to $2.91 billion in the 12 months to December 2019. The good news is that exports of higher valued wines – those above $10 per litre…
Specialist braking systems manufacturer Advanced Braking Systems is on a fast growth path, notching up sales of $4.3 million for the December half year, 32 per cent up on the corresponding period in the prior year. The Perth company boosted margins and achieved an EBITDA of $317,000 compared to a small loss the prior year.…
Rocket launch provider, Black Sky Aerospace and UK company Raptor Aerospace will conduct an international rocket motor test and sounding rocket launch campaign in Queensland’s outback. The campaign will begin later this month at the Beyond the Blue Aerospace sub-orbital launch facility at Goondiwindi, with Raptor testing and space qualifying their launch vehicles and systems.…
Dairy business Lactalis Australia will close its Rockhampton factory at the end of the month and scale back yoghurt production at its South Brisbane site, citing changes to milk supply within Queensland. In a statement, Lactalis said the Rockhampton factory had not been at full production – running only three or four days a week…
Brisbane-based fast DC charging company Tritium has announced Mike Calise as its new President of the Americas.
Bio-technology developer Cellmid has secured patent coverage for its Evolis anti-ageing hair care and hair loss products in the potentially large China market. The Chinese Patent Office has issued notification of its grant of the patent “method of treatment of Alopecia with Monoterpenoids.” Monoterpenoids are a class of terpenes found in botanical extracts and formulated…
Australia’s first space industry incubator has opened applications for its third intake and is looking to help international companies break into the sector.
