Maggie Beer’s stellar growth Luxury food manufacturer Maggie Beer Holdings announced group revenues for Q1 FY22 up 84.1 per cent over the previous corresponding period as its three food brands made progress and the company increased online turnover during the Covid-19 pandemic. E-commerce sales were up 154 per cent, and now make up 44 per…
Cyclotek and ANSTO have announced the launch of a Joint Venture to establish Australia’s first GMP (Good Manufacturing Practice) theranostics production facility which will produce radiopharmaceuticals for both the diagnosis and treatment of cancer. The new company Applied Molecular Therapies Pty Ltd (AMT) will aim to establish a Therapeutic Goods Administration (TGA) approved, GMP manufacturing…
Electrical engineer Ampcontrol has partnered with space tracking firm LeoLabs Australia on an ambitious $240 million project to construct new factories and upgrade others to build and maintain sophisticated radar systems. Dubbed the Aussie Space Radar Projct (ASRP), the project comes with a direct $160 million investment by LeoLabs Inc – the largest investment by…
By Peter Roberts Andrew Forrest’s Fortescue Future Industries (FFI) has made good with its initial promises to pivot its iron-ore business to build what the company hopes will become the world’s powerhouse in green energy industries. It was only on January 26 this year that Forrest stunned the business world when he made an impassioned…
Chemicals and explosives business Orica is to invest $37 million to reduce greenhouse gas emissions at its Kooragang Island, Newcastle manufacturing operation by 48 per cent. The facility includes an ammonia plant, three nitric acid plants, two ammonium nitrate plants and a product dispatch facility and is one of Orica’s key manufacturing sites. The company…
An industry research project to develop new systems for precision handling of heavy loads such as the installation of giant wind turbine blades in strong winds has progressed to proof of concept testing. Backed by $178,000 in commercialisation funding from the Advanced Manufacturing Growth Centre (AMGC), lifting and load orientation products manufacturer Verton’s Windmaster is…
Swinburne University of Technology is launching an Australian-first Aerostructures Innovation Research Hub (AIR Hub) with the support of $12 million in funding from the Victorian Government’s Higher Education State Investment Fund. The AIR Hub will bring together the best of Victoria’s aerospace research, design and manufacturing leaders to work with industry on real world design…
Fertiliser and explosives manufacturer Incitec Pivot has failed after a long search to secure an economically viable long-term gas supply to its Gibson Island, Brisbane fertiliser plant. As a result the company has announced the closure of the plant after 50 years of operation when the current gas contract runs out in December, 2022. The…
Hydrogen fuel cell vehicle manufacturer H2X Global has joined with French group Thales New Energy to deliver GW-scale green ammonia and hydrogen for export from Sarawak, Malaysia The partners and the Sarawak Economic Development Corporation (SEDC) will build GigaWatt-scale green hydrogen and ammonia generation facilities at the Samalaju Industrial Park and Port. The facility will…
By Peter Roberts History shows that while we have some areas of scientific brilliance, few of our ideas translate into anything other than niche businesses – and this is especially true when looking at seminal global scientific development such as quantum computing. Some big players such as Google and IBM have successfully built quantum computers…