Fonterra raises earnings forecast, announces lower prices for next season
New Zealand dairy giant Fonterra raised its fiscal 2023 earnings forecast today amid ongoing strong margins in protein and cheese portfolio and said it expects to pay a lower price for milk to its farmers next season.Â
ClearVue bags $2m gov’t grant to manufacture key components
Smart building materials company ClearVue Technologies is set to receive a $2 million grant through Western Australia’s Investment Attraction Fund to advance its manufacturing operations.Â
SmarTech: Dental 3D printing market revenue expected to reach $9.7b in 2031
A recent report from SmarTech Analysis revealed that the global dental 3D printing industry is expected to grow from $4 billion in 2022 to slightly over $9.7 billion by 2031, accounting for nearly one-third of the overall additive manufacturing (AM) market.
ClearVue Technologies appoints Martin Deil as CEO
Smart building materials company ClearVue Technologies has tapped Martin Deil as its Chief Executive Officer as the company looks to expand its global footprint with a focus on the US and European markets.
ASX biotech firm Noxopharm unveils anti-inflammatory skin disease drug
Australian biotech company Noxopharm Limited unveiled today its new preclinical product candidate from its Sofra technology platform that has shown effectiveness against inflammatory skin disease in preclinical models
Anteris awarded utility patent for novel transcatheter heart valve replacement
Australian biotechnology company Anteris Technologies announced that the US Patent and Trademark Office has issued another utility patent for its novel DurAVR transcatheter heart valve (THV).
Ampcontrol buys Androck to support industry decarbonisation
Australian electrical engineering company Ampcontrol has acquired Hunter-based Androck Engineering & Mining to expand renewable energy manufacturing and boost the low-carbon economy transition.Â
Markforged reveals 10% increase in revenue amid strong manufacturing resiliency
American additive manufacturing company Markforged has reported that its first quarter results revenue increased by 10 per cent, to $24.1 million (AUD 36 million) from $21.9 million (AUD 32.7 million) in the same period of the prior year.Â
Tritium unveils $57 million record revenue in year-to-date report
Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has generated $57 million in revenue from 1 January 2023 to 30 April 2023, reflecting a year-over-year growth rate of 237 per cent from last year’s $17 million profit.Â
Orica continues strong performance in 1H FY 2023
Orica has reported $323 million in underlying earnings for the half-year that ended on 31 March, reflecting a 32 per cent increase on the prior corresponding period.Â
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