Two international companies are locked in a heated takeover battle for control of Australia’s largest locally owned cotton processor, Namoi Cotton, with the bidders leapfrogging each other to dangle a bigger carrot in front of the company’s shareholders. Earlier this month Olam Agri Australia offered 66 cents a share for Namoi, trumping Louis Dreyfus Company…
The Australian Competition and Consumer Commission has signaled that pressures on gas prices are easing for industrial customers with news of a potential surplus of gas. Australia’s east coast gas market is expected to have a six petajoule (PJ) surplus in the third quarter of 2024, even if the three LNG producers export all their…
Prime100 launches new packaged pet food product Melbourne-based pet food company Prime100 has partnered with Tetra Pak to launch a premium dog food product line in cartons (pictured) with “the lowest CO2 footprint in the market”. The new SPD (Single Protein Diet) product range is available in seven flavours and packaged in Tetra Recart. Products for…
Australian markets are being flooded with non-compliant products that threaten both consumers and manufacturers alike. Here Neil Clout argues that weak regulations, rarely enforced are eroding Australia’s industrial and skills base. In the vast landscape of global commerce, the competition is fierce, and the stakes are high. For Australian manufacturers, the challenges are particularly daunting.…
