Australian Dairy Nutritionals’ bad news from the US Infant formula manufacturer Australian Dairy Nutritionals has been informed by the US Food and Drug Administration that its application to sell its branded formula in the US has not been accepted. The FDA had previously given the green light to other brands from our region a2 Milk…
After a long wait the a2 Milk Company has been told by the US Food and Drug Administration that it has exercised its discretion and will allow the New Zealand company to import infant formula into the United States. The company will now supply its a2 Platinum infant formula product – stage 1 and 2…
Any hopes that A2 Milk could emulate competitor Bubs Australia’s stellar success this year in the US Market have been dashed, at least for the moment with the company receiving an adverse notification from the US Food and Drug Administration. A2 Milk had hoped to be able to secure enforcement discretion to import infant formula…
Simplot to upgrade Bathurst food manufacturing facility Simplot Australia has announced a $65 million upgrade to its Bathurst manufacturing facility and acquisiton of farming land in the Central West region of New South Wales valued at $40 million. Simplot Australia’s managing director Graham Dugdale said: “(We) will transform the Bathurst site into a frozen vegetable…
University of Wollongong-headquartered Hysata recently made headlines with a breakthrough paper in Nature Communications, demonstrating a “giant leap” in water splitting progress and a claim to be on track to $2/kilogram hydrogen by 2025. The UoW spinout business was launched in mid-2021 with $5 million in seed funding from the IP Group and the Clean…
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…
Advanced Braking Technology continues strong growth Heavy duty brake vehicle manufacturer Advanced Braking Technology has reported record June operating sales of $1.16 million. ABT said sales of its fail-safe braking systems for heavy mining equipment were 17 per cent up in the fourth quarter compared to last year to $2.67 million. Reporting unaudited operating profit…
Skykraft completes first spacecraft Smallsat manufacturer SkyKraft has released a picture (below) of its first spacecraft nearing completion and preparing to move to AITC, Mt Stromlo, for testing. SkyKraft, a spin-off from the University of New South Wales Canberra, plans a satellite constellation for space-based Air Traffic Management services with operations commencing in 2023. Meanwhile…
In 2019 a total of about 780 Australians were killed by consumer products, and a further 52,000 injured, according to the consumer watchdog.
Now that the true extent of the health challenge facing Australia is evident, attention is turning to the economy where sales slow-downs, disrupted supply chains and closed markets are taking their toll. Today BlueScope steel and Boral became the latest in what has become a flood of large manufacturers forced to rethink sales and profits…
