Pilz Australia launched its new website which incorporates a new E-Shop for its customers. E-Shop will allow customers to not only browse the company’s vast portfolio of products, it enables them to access the latest technical information, view product images, and download the most up-to- date technical data sheets. The new E-Shop covers the full … Continue reading Pilz launches new online presence
ABCC amended local content rules will help Australian steelmakers compete against low-quality imports
Senator Xenophon deserves a Christmas card from the nation’s steelmakers, after his negotiation with the government to deliver their Australian Building and Construction Commission (ABCC) legislation. The deal saw significant changes made to government procurement rules. The changes require that companies bidding for government projects worth more than A$4 million and will need to outline in … Continue reading ABCC amended local content rules will help Australian steelmakers compete against low-quality imports
According to a report in The Australian this morning, HSBC has become the latest Arrium lender to sell its debt in the company. This latest move comes as voluntary administrators KordaMentha and advisers Morgan Stanley prepare to sell the remainder of the Arrium business early next year after divesting Moly-Cop to American Industrial Partners for … Continue reading HSBC set to dump its Arrium debt
Bonfiglioli has scored a Bulk Handling Awards hat-trick, taking out the Gears, Motors and Drives category for the third year in a row. This year, Bonfiglioli was recognised for its low backlash drives, which are designed for demanding applications like bulk handling where there are often lots of stops and starts during operation. The awards were … Continue reading Bonfiglioli wins again at the Bulk Handling Awards
Byron Bay beer maker Stone & Wood has been reported to be looking to further expand its largest brewery as sales jump by 60 per cent to more than $30 million as a response to rivals’ “corporate comb overs” – attempts by large global breweries to spur growth in the premium and craft beer segments by … Continue reading Stone & Wood mulls expansion to quench thirst for demand
A new report from Forrester has identified and compared the top 11 IoT software platform providers for this quarter. According to the report, IBM, PTC, GE and Microsoft lead the pack, while AWS, SAP and Cisco Jasper offer competitive options, and LogMeIn, Ayla Networks, Exosite and Zebra Technologies lag behind. Forrester evaluated vendors based on 25 … Continue reading The top IoT software platforms for 2016
The Minister for Defence Industry, the Hon Christopher Pyne MP, today announced that Thales Australia has been awarded a $100 million contract to design a major sonar system upgrade for Collins class submarines. Minister Pyne said Thales Australia will engage other Australian-based companies including Sonartech Atlas and L3 Oceania, as well as suppliers from the … Continue reading Thales snaps up Collins sub sonar contract
CSIRO has launched its “FloWorks” Centre for Industrial Flow Chemistry today in Clayton, Victoria. The aim of FloWorks is to provide cutting-edge research into flow chemistry capability, making it more accessible to the chemical manufacturing industry. Senior research scientist with CSIRO’s manufacturing sector and Director of the new centre, Dr Christian Hornung, said flow chemistry … Continue reading CSIRO set to improve chemical manufacturing
It’s the time of the year when company boards and executives face their shareholders at annual general meetings. Boards will be asked to explain the pay packages of executives. Already some have been called into question. Some Australian companies cite the need to rely on the United States as a benchmark when it comes to … Continue reading OPINION: Should Australian companies set executive pay to a US benchmark?
In a bid to re-strategise its business plans for growth in 2017, German bearing maker Schaeffler has announced that it looks to shave off 500 jobs at its industrial division in Germany and other European countries. The company has cited the move was due to slow delivery chains and overly centralised sales operations and mentioned … Continue reading Schaeffler cuts jobs but Asia Pac remains unaffected
The X-Stream XS-720p slow motion camera by IDT offers continuous frame streaming via the PCI express 2.0 x4 interface with a sustained transfer speed of 1.75GB/sec. I has been designed for checking and inspecting high speed applications including industrial and packaging inspection, microscopy, media, traffic control and surveillance. The cameras flexible design has been implemented around … Continue reading Slow motion inspection camera for packaging plants
Australia’s 457 visa system is back in the news again. If you believe Labor, the 457 visa is a rort allowing foreign workers to steal Australian jobs. The government, on the other hand, defends it as a way for Australia to meet skills gaps in the economy. Misunderstanding the problem is leading to wrong solutions … Continue reading The real issues with the 457 visa aren’t being addressed
BlueScope Steel has partnered with TOLL, K&S Transport and Buzinga App Development to improve health and safety methods for their employees and contractors through the safety app, ‘SteelDrive’. The app, launched in June, 2016 and now available to Android users, allows truck drivers to document the restraining and transportation of steel, through photo-taking, GPS-tracking, and cloud-based … Continue reading BlueScope launches workplace safety app
Ford’s closure of its Geelong manufacturing plant last month is part of a broader story about Australia’s manufacturing sector. But one side of this story has so far been overlooked: the role of Australia’s lax attitude to vehicle emissions. Globally, car manufacturers are taking climate action seriously by significantly improving fuel economy, in turn reducing … Continue reading Australia’s car industry ignored the elephant in the room: carbon emissions
Speaking at a press conference to launch its Global Status of CCS: 2016 Report at the twenty second conference of the parties (COP 22) in Marrakech yesterday, Global CCS Institute Chief Executive, Brad Page, said the scale of the challenge to deliver the ‘well below’ 2°C climate goal should not be underestimated. “The current level … Continue reading Carbon capture industry must expand says global body
Bluescope’s annual general meeting yesterday heard that the company was on track for a 50 per cent increase in underlying earnings for the year’s first-half, despite increases in coking coal prices and a global oversupply of steel.
The second and final stage of bidding for Arrium Australia has seen the field narrowed to four, including South Korean steelmaker Posco through its venture capital arm.
Posco has directly contradicted industry minister Greg Hunt, who made a statement yesterday saying Posco had “strong desire” to buy and upgrade Arrium’s Whyalla steelworks, claiming they were only offering to sell their technology to Arrium. A spokesman for Posco told Reuters that, “Posco has not participated in bidding to buy Arrium,” as was widely … Continue reading All a misunderstanding? Posco contradicts Hunt, says it’s not bidding for Arrium
American Industrial Partners has reportedly purchased Arrium’s Moly-Cop grinding media business for $US1.23 billion (about $1.6 billion) according to a report this morning.
South Korea’s Posco is being mentioned as a potential saviour of the Arrium Whyalla steelworks, and, according to the federal industry minister, is considering an investment that would increase production by over 50 per cent.