Manufacturing

Mining minds rather than minerals

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Australia may not be able to compete with the likes of India and China when it comes to mass manufacturing, but our strength lies in invention.

Belgium's Solvay pays $US5.5b for US firm

by AFP
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Belgian chemicals giant Solvay will pay $US5.5 billion for US firm Cytec.

Robots will help China remain the world's factory

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As labour costs continue to rise, China is turning to robots and automation to help it hold on to the mantle of the world's factory.

China's grand manufacturing ambitions

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A pincer movement threatens the future of China's manufacturing industry but Beijing has a plan.

Orora sells QLD mill for $50m

by AAP
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Packaging company Orora sells former carton board mill site in QLD for $50.5m.

Sandfire to build $40m solar station

by AAP
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Construction will start this month on state-of-the-art solar power station at WA copper mine.

Bradken still in Magotteaux talks

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Mining consumables group says it's exploring merger, not aware of reason for 30% stock dive.

Amcor acquires India firm for $US26m

by AAP
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Packaging giant Amcor is continuing to expand, acquiring Packaging India Private.

Gas supply woes hit Incitec Pivot

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Reduced gas supply to Moranbah plant over 12 months could have $22m impact on net profit.

Orica to cut staff in Queensland

by AAP
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Chemicals maker Orica is cutting jobs at its operations in Gladstone in Queensland.

China's hunger for robots marks significant shift

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Having devoured many of the world's factory jobs, China is now handing them over to robots.

Rolls-Royce suspends share buybacks

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Weak demand in airliner, marine engine arms to drag on earnings.

Orica taps Thomas Schutte as CFO

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Orica lures former BHP Billiton executive to role; group's current finance director resigns.

Manufacturing activity drops sharply

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Ai Group manufacturing index returns to contractionary territory, falls to lowest level since July 2013.

Ansell to book restructure charge

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Ansell says it will book a $17m charge on cost-cutting measures, but flags $15m annual savings.

GWA trims earnings outlook

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Trading EBIT forecast at $67m to $69m for current fiscal year; company to take charge on Gliderol.

Pact Group to buy its way to $5bn

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Geminder-backed packaging firm to make further deals in push to become $5bn business.

Bradken shares plummet on Magotteaux talks

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Mining consumables group eyes merger with Sigdo-Koppers arm after $70m recapitalisation.

Industry assistance reaches $17bn

by AAP
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Study finds every taxpaying Australian pays $150 each year in tariff assistance to industry.

US durable goods orders fall in May

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Commerce Department print shows greater drop than expected, third fall in four months.

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