Circular economy program marks 10 millionth recycled cup at Sydney event
Closed Loop held an event in Sydney on Monday to recycle its 10 millionth cup under the Simply Cups program.
Sanjeev Gupta organises businesses for green push
Mining and metals magnate Sanjeev Gupta is reorganising his businesses to appeal to investors and debt markets and prepare for his push into climate friendly manufacturing. Gupta announced in London that his global aluminium interests would be combined into a new entity Alvance Aluminium Group which would achieve operational synergies. Gupta said in a statement:…
Nestlé takes action to slash plastic packaging and recycle
Australia’s largest food manufacturer Nestlé has thrown its weight behind the circular economy movement with a massive commitment to cut back on the use of virgin plastic for packaging and to use recycled materials in its products. The Swiss company, which operates six large factories in Australia, has committed $2.5 billion globally to cover the…
Redflex gets green light for new equipment and services contracts
Road and traffic technology group Redflex Holdings (ASX: RDF) won new equipment and services orders worth $73 million in the second quarter of the financial year according to an shereholder update from the company. Services revenues such as speed and red light enforcement and freeway management made up the bulk of the orders, however Redflex…
WestStar gets shareholder approval to buy Alltype
Engineering and industrial services group WestStar Industrial (ASX: WSI) is aiming to grow turnover to $100 million a year following shareholders voting to approve its purchase of Alltype Engineering for $6 million in WestStar shares. The combined group has revenues of around $60 million providing engineering, construction and mining services to the resources, energy and…
Nulon manufacturing will shift to upgraded Fuchs sites in Victoria and NSW
Fuchs has announced that it will move production of Nulon automotive fluids to recently-upgraded sites at Beresfield, NSW and Sunshine, Victoria.
Brendan Nelson to head Boeing in Oceania
Former federal opposition leader Brendan Nelson will become president of Boeing Australia, New Zealand and South Pacific, effective February 11, replacing Maureen Dougherty in the role.
Tiny Perth startup takes on medical moonshot
A Perth startup is developing an approach to pumping that could find a way into artificial heart implants. Brent Balinski spoke to its founders about the ambitious project, and about trying to solve really big problems within Australia.
FYI gets go ahead for WA alumina project
Perth materials technology group FYI Resources (ASX: FYI) has received the major approvals it needs to roll out its strategy of producing high purity alumina from a mine and processing plant in Western Australia. The company announced today it has received approval from the WA mines department for a mine and processing plant to exploit…
Lynas faces new challenge to rare earth processing
Rare earths producer Lynas Corporation (ASX: LYC) faces new opposition to its continuing operations in Malaysia with the lodging of proceedings in the High Court in Kuala Lumpur. Lynas is building a processing plant in Western Australia to remove radioactive waste before shipment to Malaysia, a development forced onto the company by the Malaysian government.…