Market News

Incitec Pivot Limited has agreed to sell its ammonia manufacturing facility in Waggaman, Louisiana to CF Industries Holdings, Inc. (CF) for USD 1.675 billion (AUD 2.5 billion).

Mining and infrastructure solutions developer Orica Limited has revealed robust financial results for the year ending 30 September 2023, showcasing a significant uplift in performance driven by effective strategy execution and commercial discipline.

ASX-listed Tourism Holdings Limited (THL) has signed an agreement to acquire Camperagent RV Centre, an RV sales dealership based in South Australia. 

Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers. 

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.

ASX-listed Halo Food Co. Limited announced that its wholly owned subsidiary Keytone Enterprises has signed a multi-million-dollar deal with Fonterra to manufacture milk powder stock keeping units (SKUs).

Australian semiconductor developer BluGlass Limited rolled out the first suite of its commercial gallium nitride (GaN) laser products for customer purchase at Photonics West in San Francisco in January, according to the company's latest quarter activities update. 

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.

The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.

Austal Limited has reported strong financial growth in the first half of the 2025 financial year, with earnings exceeding expectations and a record order book supporting future expansion.