CIMIC’s Sedgman buys Canadian engineering and metallurgy company Novopro
Sedgman, a CIMIC Group subsidiary, has acquired Novopro Projects Inc, a Canadian engineering and metallurgy firm that provides technical services and process equipment to projects in North America, Europe, Africa, the Middle East, and Australia.
PYC eyes AI-powered drug discovery partnership with Google Cloud
Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models.
Australian food and grocery industry exhibits growth despite pandemic’s economic pressures, says watchdog
Australia’s food and grocery manufacturing sector has seen a growth in value in 2020 and 2021— to approximately $133.6 billion— despite disruptions caused by...
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.
Sigma inks Chemist Warehouse supply contract for PBS, FMCG goods
Pharmaceutical company Sigma Healthcare Limited has signed a binding term sheet with Chemist Warehouse for the supply of Pharmaceutical Benefits Scheme (PBS) medicines as well as Fast-Moving-Consumer-Goods (FMCG) products for a five-year period beginning on 1 July 2024.
Orbital UAV to raise $4M to boost engine development programs
Orbital UAV is raising $4 million through the issue of approximately 28.6 million new fully paid ordinary shares at an issue price of $0.14 per new share to support its existing engine development programs.
Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank
Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
Australian craft brewers ramp up production but are held back by unplanned downtime
Media Release by OFS
Research from OFS shows a 7.6% surge in craft beer production from April to June compared with the previous three...
New orders drag down Australian manufacturing PMI in September, says Judo Bank
Australia’s manufacturing industry continued to see deteriorating conditions in September amid a sharper decline in new orders, including from abroad.
DroneShield secures another $11m government order for counter-drone system
ASX-listed DroneShield said a government agency customer has made an $11 million purchase order for its counter-drone/counter-unmanned aircraft systems (UAS) equipment
Featured Article
Navigating energy price volatility with predictive intelligence
Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.
