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VEEM secures new Singapore shipbuilding client, to supply gyrostabilisers for vessels

Australian marine systems manufacturer VEEM Limited has executed an agreement with Singapore-based Strategic Marine for the latter to employ small and medium size VEEM gyrostabilisers exclusively on the vessels it builds. 

Bosch powers up with growing charging networks to ramp-up electromobility

Bosch announced that customers who use the company's charging services already have access to nearly 450,000 publicly available charge points in 30 European countries – claimed as one of the largest charging networks in Europe. 

3D printing construction market projected to surpass USD 397.5b by 2030

A recent study by SkyQuest Technology Consulting has found that the 3D printing construction market is projected to surpass USD 397.5 billion by 2030 at a CAGR of 87.38 per cent from 2023 to 2030.

Schaffer posts $5m NPAT in FY23 half-year results

Automotive leather manufacturing company Schaffer Corporation Limited has reported 1H23 statutory net profit after tax (NPAT) of $5.1 million, reflecting a difficult first half for the Automotive Leather Division.

Energy Minister Chris Bowen visits Europe, UAE to promote renewable energy ambition

Climate Change and Energy Minister the Hon Chris Bowen MP has visited counterparts in the United Arab Emirates and Europe to discuss initiatives to improve relationships, promote Australia's climate action and clean energy investment potential, as well as achieve net zero emissions.

Eurozone Composite PMI confirmed at 50.3 in January

The S&P Global Eurozone Composite PMI stood at 50.3 in January 2023, slightly up compared with a reading of 49.3 in December.

Eurozone Manufacturing PMI remains in contraction territory in January

The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December. 

Australia and the Netherlands sign new renewable hydrogen deal

Australia and the Netherlands have inked a Memorandum of Understanding (MoU) to enable the development of a renewable hydrogen supply chain from Australia to Europe.

TeamViewer digitalises warehouse operations at GlobalFoundries with AR-based picking solution

TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, has announced that global semiconductor manufacturer, GlobalFoundries (GF), has deployed TeamViewer’s augmented reality (AR) platform, Frontline, to digitally transform its warehouse operations at its facility in Dresden, the largest semiconductor plant in Europe.

Titomic awarded CoBRAIN grant for automated cold spray applications

Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative. 
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