Emerson has announced the release of the Rosemount 975 flame detectors, a complete line of optical flame detectors designed to perform in the harshest environmental conditions and connect directly to
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Slim possibility of majority government: expert
Administrators proceed with dual-track Arrium sale
Arrium administrator KordaMentha will hold parallel sales of the Arrium’s mining consumables and its steel, mining and ports businesses, with operations at the Whyalla steelworks “stabilised”.
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Treasury Wine Estates divests 12 US wine brands
Treasury Wine Estates has sold 12 non-core commercial US brands which account for one million cases of wine.
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Dow Chemical to cut 2,500 jobs
Dow Chemical will cut 2,500 jobs worldwide and make savings of $400 million as it ends a 73-year-old joint venture with Corning.
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Toyota Australia profit up again ahead of factory closure
Imported Toyota HiLux sales have led the way for Toyota Australia, which managed an increase of 22 per cent in net profit after tax for the year ending March 31.
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Ng Fung increases Murray Goulburn stake
Hong Kong-based China Resources Ng Fung has quietly increased its interest in Murray Goulburn, with this creeping over 6.1 per cent this month.
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Federal government announces Arrium assistance
The federal government announced a $49.2 million loan for Arrium’s iron ore mines, which it said would have an “immediate impact” on the iron ore and steel business.
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New rugged display
Argon has introduced its 21.3-inch rugged display, designed for command and control applications where maximum viewable surface area is needed in the smallest mounting possible.
The ARD21 has a small bezel
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Coalition won’t enter ‘bidding war’ to save Whyalla steelworks
Labor will announce a commitment worth $100 million to attempt to save Arrium’s Whyalla plant, but the federal government has criticised the timing of the news, saying it wouldn’t enter a political auction on the issue.
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Reducing bankruptcy to 12 months ignores realities of insolvency
Bowen Coke gets snuffed out
Glencore has announced that it will be closing its North Queensland Bowen Coke Works facility over the next few months.
According to the bulk commodities company, the Bowen Coke Works has been in operation
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‘Bomber’ Beazley lands a job with strike fighter maker
Arrium collapse investigation has begun
A forensic investigation into Arrium’s collapse is underway, reconstructing events focussing on the six months prior to the company’s April 7 administration.
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Coats Group announces two acquisitions
Industrial thread and craft company Coats Group has announced the acquisition of Gotex and Fast React Systems.
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Monash and Melbourne Universities join forces in new company to market medicines
Traditional rivals Monash and Melbourne Universities are collaborating to create a new company that will market and sell medicines developed by the institutions to pharmaceutical companies, reinvesting
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Joy Global records share price increase
Mining equipment manufacturer Joy Global’s shares have had a significant increase on the back of service sales increases and strong cost cutting measures.
Its stock was up 8.6 per cent at US$18.13, although
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Arrium sale expected to be complete by year’s end
Improved half-year outlook for BlueScope
Palmer to face court for Queensland Nickel collapse
Clive Palmer has been ordered to attend court regarding the management of Queensland Nickel, as the Federal Government appoints special purpose liquidators for the failed business.
Palmer, along with his
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