ASX

Advanced manufacturer Carbon Revolution will enhance its Geelong production facility, after announcing on Thursday its first half year results since listing on the Australian Securities Exchange in November 2019. The Geelong-based manufacturer – which has successfully innovated, commercialised and is industrialising the supply of carbon fibre wheels to the global automotive industry – is on … Continue reading Carbon Revolution to enhance local production facility →

Australian 3D printing company, Amaero International, has listed on the Australian Securities Exchange (ASX) with a market capitalisation of $35 million. In its initial public offering (IPO) Amaero raised $8 million at 20c a share. The company hopes to take a bite out of the expanding 3D printing market, which is valued to grow from … Continue reading 3D printer lists on ASX →

Carbon Revolution, the Australian manufacturer of carbon fibre wheels for the global automotive market, has listed on the Australian Stock Exchange (ASX). The initial market capitalisation of the company was listed at $331.1 million. Through an IPO, the company has raised $90.1m, through a primary raise of $30 million and a secondary sell-down of $60.1m. … Continue reading Carbon fibre manufacturer lists on stock exchange →

Touchscreen manufacturer WeTouch has become the second Chinese tech company to move into the Australian market. The company, which is based in China’s southwest province Sichuan, has been listed on the Australian Stock Exchange (ASX) to raise up to $24 million, according to a report in the AFR. It creates commercial-grade touch screens for a … Continue reading Chinese touchscreen manufacturer second on ASX →

Manufacturers are in a healthy position to ride major drops on the Australian Stock Exchange (ASX) like the one seen this week, a leading economist has assured. Greg McKenna, AxiTrader’s chief market strategist, has told Manufacturers’ Monthly there isn’t much cause for concern despite the ASX suffering a $26 billion loss on Thursday, claiming that … Continue reading Australian manufacturers ‘well prepared’ after $26b slide on ASX →

Murray Goulburn has entered into a five-year national private label contract to supply Coles brand Australian cheese as part of MG’s ongoing push to secure critical mass in the Australian dairy foods market which will underpin and support the company’s growth plans.

The polymer resin manufacturer Nuplex announced a streamlining of its Australian and New Zealand operations today, closing four of its sites, The National Business Review and others have reported.

The Australian reports that Treasury Wine Estates is imposing a pay freeze on its executive team and is forecasting a small decline in earnings growth this year.

Sunscreen ingredient manufacturer Antaria is facing a Friends of the Earth campaign over its ‘incorrect’ product labelling.

Environmentalist group Friends of The Earth has registered a complaint with the ASX regarding Australian sunscreen manufacturer Antaria.

Casella Group will add premium wines to its offerings, reports the Sydney Morning Herald today.

The Australian Competition & Consumer Commission has instituted proceedings against Supagas and Speed-E-Gas in the first cartel case since Amcor/Visy.