JP Morgan: Global manufacturing momentum eases as PMI slips in November
Global manufacturing growth eased in November as the JP Morgan Global Manufacturing PMI slipped to 50.5, down from 50.9 in October, marking the lowest reading in the current four-month expansion.Â
Titomic’s glass mould coating system clears European site acceptance test
Additive manufacturing company Titomic Limited said its glass mould coating system delivered to Vetropack in Austria has passed TUV Austria’s site acceptance test.Â
5E Advanced Materials kickstarts mining operations at 5E Boron Americas Complex
ASX-listed boron and lithium company 5E Advanced Materials has officially begun mining operations at its 5E Boron Americans Complex with the start of the wellfield injection process.Â
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.
BluGlass receives additional GaN laser purchase orders
Semiconductor manufacturing company BluGlass Limited has secured two more purchase orders for its single-mode and multi-mode violet 405nm and blue 450nm gallium nitride (GaN) lasers in flexible form factors.Â
Australian manufacturing sees further decline in June— Ai Group
Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group.Â
Fonterra announces lift in Farmgate Milk Price and FY25 earnings guidance
Fonterra Co-operative Group Ltd has revealed a 50 cent increase in its 2024/25 forecast Farmgate Milk Price midpoint, now sitting at $9.00 per kgMS.Â
DroneShield unveils new DroneGun Mk4 in response to user feedback
DroneShield has introduced a game-changing new product, DroneGun Mk4TM, following considerable development in response to end-user input, the company announced in a press release.Â
US manufacturing records slowest expansion pace in October
The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results.Â
Global Manufacturing PMI’s decline eases in January— JP Morgan
Global manufacturing output and new orders have shown slower contraction in the first month of 2023, resulting in a 49.1 PMI score in January, up from December’s 48.7 rating.Â
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