Saturday, July 27, 2024

Australia’s dairy industry continues to place a premium on ‘drinking’ milk, says Rabobank

The liquid ‘drinking’ milk market continues to be crucial for Australia's dairy industry due to increased domestic retail pricing and potential for additional export development, according to a recently released industry report from Rabobank.

Matrix wins contract to manufacture drilling riser buoyancy modules for TransOcean

Matrix Composites & Engineering has received a contract, projected to be valued at $4 million, to supply offshore drilling contractor TransOcean with drilling riser buoyancy modules. 

Anteris Technologies to help develop new heart valve repair solution

Australian biotech company Anteris Technologies has collaborated with v2vmedtech to develop a new heart valve repair device designed for minimally invasive treatment of mitral and tricuspid valve regurgitation. 

Counter-UAS manufacturer DroneShield secures R&D contract with Five Eyes Defence Department

DroneShield has been awarded a two-year research and development (R&D) contract for $9.9 million by a Five Eyes Department of Defence (DoD), with approximately $4.5 million expected in the third and fourth quarters of 2023. 

Sparc on track for initial commercial production with ecosparc commission

Sparc Technologies has commissioned its graphene additive product, ecosparc, at its commercial production facility in Adelaide, South Australia.

Amaero International pays settlements over cancelled Victorian powders project

Additive manufacturing company Amaero International has announced the settlements of two disputes over a cancelled titanium powder production facility in Victoria. 

Alcoa reports Q4 2023 earnings with focus on cost reduction, production curtailment

In the wake of Alcoa Corp's fourth-quarter 2023 earnings release, ASX-listed Alumina Limited has highlighted key developments in the AWAC joint venture and underscores the company's commitment to navigating the challenging market conditions.

Orbital kickstarts UAS engine delivery for Australian Army contract

Orbital UAV has begun the delivery of engine builds for Insitu Pacific’s next-generation tactical UAS for the Australian Army.

Australian industry remains in contraction for a year— Ai Group

The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April. 

Global 3D printing high-performance plastic market expected to grow at 8.5% CAGR by 2029

The market for high-performance plastics used in 3D printing is expected to expand significantly between 2023 and 2029, with a compound annual growth rate (CAGR) of 8.45 per cent, reaching a value of USD 184.5 million by that year, according to market research firm BlueWeave Consulting.
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Beyond insights: CRM’s transformative role in sustainable manufacturing

Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0.