Manufacturing news briefs — stories you might have missed

Provaris Energy seeks swift restart to compressed hydrogen tank construction Australian green hydrogen developer Provaris Energy is working with secured lenders to have construction resume of its proprietary compressed hydrogen transport tank for the company’s proposed H2Neo carrier vessel. Earlier this month the company revealed the bankruptcy of Norwegian-based Prodtex Industri AS which operates the…

New AI tool speeds drug discovery

Australian researchers, led by Monash University, have invented a new artificial intelligence (AI) tool for virtual screening in early stage drug discovery to speed the identification of potential new medicines. Although computational methods within drug discovery are well established, there is a gap when it comes to AI tools to rapidly and cost-effectively predict the…

Best of the week — the five most popular stories among readers, June 10 – June 14, 2024

What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Psychotropic medicines manufacturer bids for IDT Australia Psychotropic medicines manufacturer Mynd Bio Pty Ltd has made a surprise bid to acquire listed pharmaceutical developer, Melbourne-based IDT Australia. The bidder is part of a larger group which has already…

Monash team makes “significant advance towards commercialisation” for carbon capture

Monash University researchers have developed a new family of materials claimed to be “relatively easily” and affordably made and able to capture excess carbon dioxide from the atmosphere. According to a statement from the university on Thursday, “meso-macroporous melamine formaldehyde (MF)” is a promising base for direct air capture (DAC) of CO2. MF is made…

Towards 3% R&D – Innovation for process heat by Dr Mahesh Venkataraman

As we come towards the conclusion of our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – we turn to the critical issue of innovation in the use of renewables for industrial process heat. Dr Mahesh Venkataraman of thermal energy storage company 1414 Degrees outlines the way forward. The decarbonisation of process…