Manufacturing PMI rises in April as supply disruptions and inflation intensify, S&P Global says
Australia’s manufacturing sector returned to expansion in April, but underlying conditions remained weak as inflationary pressures and supply disruptions intensified, according to S&P Global.
AstraZeneca backs LBT Innovations’ drug manufacturing AI development
LBT Innovations has partnered with AstraZeneca to develop artificial intelligence software that would be used in drug manufacturing.
Australian company Novonix to produce battery materials in MENA region
Battery technology company Novonix has partnered with TAQAT Development Company to establish an incorporated joint venture that will produce anode materials needed for manufacturing...
BlueScope announces $851m EBIT for FY2023’s first half
ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023.
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.
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.
Global Manufacturing activity sees slower downturns in November
The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global.
Quickstep looks to expand Aftermarket unit after review
Quickstep, a leading aerospace composite business in Australia, has decided to keep its Aftermarket business as a core part of the company and is planning to enhance the business through several new growth initiatives
Australian Manufacturing PMI declines to 50.2 in December— Judo Bank
Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2.
Quickstep teams up with ST Engineering to serve Australasian nacelle market
Quickstep, a leading aerospace composite business in Australia, has partnered with ST Engineering’s Commercial Aerospace business to deliver nacelle maintenance, repair, and overhaul (MRO) across the complete range of Boeing and Airbus commercial aircraft in the Australasian market.
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How AI-enabled cloud ERP is redefining growth for manufacturing leaders
Manufacturing leaders are entering a new phase of supply chain transformation, where growth is increasingly determined by how quickly and intelligently organisations can respond to change.
