Matrix Composites’ revenue hit sparks strategic review

Oil and gas industry composites manufacturer Matrix Composites has been hard hit by the Covid-19 pandemic, reporting subdued revenue in the latest financial year and sparking a strategic review of its businesses. The company, which supplies buoyancy systems for undersea gas and oil installations and pipelines (pictured below), reported unaudited fourth quarter revenue of $27.5…

Bluglass installs commercial-scale semiconductor equipment at Silverwater plant

Semiconductor technology developer Bluglass has completed the installation of its largest-ever remote plasma vapour deposition (RPCVD) manufacturing system (main picture) at its Silverwater plant in Sydney. The commercial-scale system, known as BLG-500, is capable of creating 6×6 semiconductor wafers or 42 two inch wafers for the production of laser diodes, LED and microLED industries. It…