The NSW government has announced that LED lights will be installed in 41 council areas across Sydney, the Hunter and the Central Coast.
The Gove Peninsula’s Pacific Aluminium refinery will not be sold 300 petajoules of gas by the Northern Territory government, as was announced earlier this year.
Lobby group Manufacturing Australia is behind a campaign, Gas For Jobs, which is pushing for political intervention to ease the upward pressure on gas prices.
Think tank The Australia Institute has claimed that their research shows Gladstone’s manufacturers will pay up to $3 billion more for gas over the next decade once three terminals on Curtis Island start exporting LNG.
What might need to be done to take full advantage of Australia’s position in the Asian Century? To do nothing could be to miss out, so what policy areas need attention? We opened up the floor at the Leaders’ Summit and a few themes emerged. By Brent Balinski.
Chemical company Orica has reached a deal with Strike Energy, a Cooper Basin explorer, making pre-payments of up to $52.5 million to help develop coal seam gas supplies expected to be delivered in 2016 or later.
Last month the Plastics and Chemicals Industry Association released its industry roadmap, Adding Value, offering governments advice on how the sector could be helped to do its job better. Brent Balinski spoke to PACIA’s CEO Margaret Donnan about Australia’s “broken” gas market and more.
Fibre drum packaging and manufacturing company Multipac recently installed solar panels at its Echuca factory.
Andrew Liveris, the Australian-born CEO of US-based international firm Dow Chemical, has said that Dow would invest “multiple hundreds of millions” in Australia if the country changed its energy policy.
The Plastics and Chemicals Industry Association’s national conference has heard the managing director of BASF Australia & New Zealand claim that Australia’s gas market has failed manufacturers.
It is not the first time in Australia’s economic history that a prevalent sector reaches its peak and gives way to a rapidly developing new one. However, while the mining and education sectors have apparently hit their peaks and manufacturing continues its decline (as seen by the planned withdrawal of Ford in 2016), there seems to be no replacement underway.
Researchers from the Australian Council of Learned Academics have said Australia’s shale gas deposits are far greater than previously believed, but accessing them will not be cheap.
Queensland Energy Minister Mark McArdle says that Tuesday’s state budget will not include any change to solar power schemes.
CSR has posted a net loss of $146.9 million for the year to March, with a poor result in its Viridian glass division, but is optimistic about the future.
James Fazzino, the CEO of Incitec Pivot, spoke of the need for governments to act on high Australian gas prices as the company announced a 23 per cent decline in first-half profits on Monday.
Manufacturers are urging treasurer Wayne Swan to disregard the budget being in deficit and offer relief in the form of a cut to the company tax rate.
Gary Gray, the recently-appointed federal minister for resources, has commented that the development of the shale gas industry in Australia could lead to a massive boost for Australian industry, citing what’s been called the US “manufacturing renaissance”.
The Australian Industry Group Australian Performance of Manufacturing Index showed the sector continued to shrink in April, with low exports, slow activity in Victoria and high input costs featuring in the results.
Incitec Pivot has credited the boom in US shale gas as a factor in its decision to build a new ammonia factory in Louisiana.
Inverell-based Boss Engineering, a manufacturer of farm equipment, has expansion and improved energy efficiency in its plans for the future.