Leading prestige winemaker Treasury Wine Estates has all but moved on from the disruptions caused to its businesses by Covid-19 and punitive Chinese trade attacks against Australia. At the company’s annual general meeting this morning chairman Paul Rayner and CEO Tim Ford paid more attention to progress achieved in their new strategy of premiumisation of…
The Cooperative Research Centres Association will host its Collaborate Innovate 2021 Conference at Parliament House, Canberra next week, examining collaborative innovation and the impact of “covid, climate change, digital transformation and geo-economic volatility.”
Large-scale additive manufacturing business Titomic has raised $9 million and intends to raise a further $2 million, using the funding to support commercialisation via joint ventures, investing in offshore sales and facilities, and working capital.
BHP is planning to enter into renewable energy supply arrangements to enable the giant Olympic Dam copper, gold and uranium mine in South Australia to reduce its greenhouse gas emissions to zero for 50 per cent of its electricity consumption by 2025. Energy will be supplied by clean energy supplier Iberdrola Australia, including from the…
A new partnership between mining equipment manufacturer Austin Engineering and a Mexican manufacturer is set to strengthen the company’s market position in the United States and central and northern South American markets. The partnership, part of a new ‘hub-and-spoke’ market strategy adopted by Austin after a strategic review, will see Mexico’s Melter manufacture Austin heavy-haul…
By Denham Sadler Defence Industry Minister Melissa Price will take control of the CSIRO and the Australian Space Agency while Energy Minister Angus Taylor will oversee the $1.3 billion Modern Manufacturing Initiative under their new roles following this month’s reshuffle. Last week, Prime Minister Scott Morrison announced that the position of Minister for Industry, Science and…
Fertiliser, chemicals and explosives group Orica today announced its ambition to achieve net zero emissions by 2050, eclipsing its previously announced medium-term target to reduce scope 1 and 2 operational emissions by at least 40 per cent by 2030. The new ambition covers the company’s scope 1 and 2 greenhouse gas (GHG) emissions and its…
CSL has confirmed it will continue manufacturing AstraZeneca’s Covid-19 vaccine into next year, following reports it would cease production early due to local preferences for the Pfizer and Moderna vaccines. The full contract with the federal government to produce approximately 50 million doses of Vaxzevria will be met, with any unused doses donated to countries…
Bubs booms on China infant formula sales Infant formula and children’s nutrition product manufacturer Bubs Australia has gross revenue of $18.5 million for the first quarter of FY22, nearly double the prior year and up 45 per cent on the previous quarter. Bubs achieved market share gains of 35 per cent for Bubs Infant Formula…
Australia’s largest air-conditioning manufacturer, Seeley International, will utilise its unique indirect evaporative cooling products to provide the HVAC system for Thomas Foods International’s new Murray Bridge meat-processing facility in South Australia which will replace one destroyed by fire. Seeley will provide its Climate Wizard indirect evaporative cooling systems (IEC, below) for the project which are…
