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Companies

Manufacturing

Yesterday

BioPak’s best known for its single  use coffee cups.

Ord Minnett, Wilsons brokers join bankers, lawyers at BioPak

Food packaging maker BioPak has boxed up its team for a run at the ASX-boards, although will likely have to wait until next year before putting a deal to listed equities investors. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Manufacturing industry leaders Di Kloe and Latinka Cubitt want more women to join their workforces.

Manufacturing leaders call for more women to join their ranks

When Di Kloe started running her manufacturing business in the1980s, people presumed she was the secretary. Now, she wants more women to join her in the industry.

  • Hannah Wootton

This Month

The ‘mad scientist’ who could turn Australia’s iron ore green

Calix shares have gone up 800 per cent in two years and founder Mark Sceats has now invented a kiln that he reckons will solve Australia’s iron ore emissions problems and deliver green iron.

  • Peter Ker and Lap Phan
Former QBE boss Pat Regan.

QBE’s Pat Regan targeted by ASIC probe

The circumstances around Pat Regan’s dismissal were the subject of a long-running investigation by ASIC.

  • Michael Roddan
Alcoa of Australia is 60 per cent owned by America’s Alcoa and 40 per cent by ASX-listed Alumina. It has a controlling stake in the Portland Aluminium Smelter.

Dutch group Aloft moves in on Alcoa’s Portland Aluminium

A new Dutch company run by a former Australian investment banker is in advanced talks to acquire Australia’s second-biggest aluminium producer, Portland Aluminium Smelter, from America’s Alcoa Corporation. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
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BYD has a wider range of offerings, but operates on slim margins.

BYD margins thin compared to Tesla

Ultra-low pricing strategies are not sustainable. Global prices of raw materials have soared. Electric cars subsidies are set to be phased out by the end of the year.

  • The Lex Column
Key car models such as the electric Porsche Macan have been delayed by software issues.

Why Volkswagen buyers get a Lamborghini for free

Porsche has been touting its strengths ahead of an IPO later this year with a valuation of around €80 billion – but its parent company Volkswagen is worth less than that.

  • Chris Bryant
Fred Bart, chairman of Audio Pixels Holdings.

Audio Pixels’ confidence game

The ASX decides to take an interest in routine delays by Fred Bart’s mini-speaker manufacturer.

  • Michael Roddan

June

Tesla’s Berlin factory: Tesla has spent the last few years building factories around the world to make it cheaper to distribute cars.

Musk says new Tesla plants are ‘money furnaces’, losing billions

The comments offer new insight into Tesla’s operations in the days leading up to Musk’s decision to cut costs by laying off employees.

  • Sean O'Kane

Tech Zero episode 3: the sludge that could save BHP’s carbon footprint

A dam holding BHP’s mine waste is quietly sucking carbon out of the atmosphere and could store enough to offset its entire iron ore and nickel carbon footprint.

  • Peter Ker and Lap Phan
Workers at a semiconductor production facility for Renesas Electronics in Beijing.

US sanctions helping China supercharge its chip-making industry

That supercharged growth underscores how tensions between Washington and Beijing are transforming the global $789 billion semiconductor industry.

  • Bloomberg News

GM may start electric Hummer sales in Europe amid reboot

GM has recently revived the dormant Hummer brand, starting production of the electric pickup in December.

  • David Welch, Siddharth Philip and Wilfried Eckl-Dorna
General Mills Australia-NZ boss Matthew Salter said product innovation remains key despite dealing with supply chain challenges.

US food giant to further raise prices as it battles surging costs

General Mills, the company behind well-known brands such as Old El Paso, Betty Crocker and Nature Valley bars, has moved prices higher by up to 17 per cent recently - and more is likely to come.

  • Carrie LaFrenz

Tech Zero episode 2: Andrew Forrest’s half price solar plan

Rombout Swanborn has spent the past decade and a large part of his fortune developing a super-slim solar panel that will dramatically cut the price of solar panels. He wants to make them in Queensland.

  • Peter Ker and Lap Phan
ASX-listed FBR says its bricklaying robot is faster than manual bricklaying.

Listed robotic bricklaying business FBR raising $4m

Listed bricklaying robot business FBR was asking investors for $4 million on Wednesday to develop the existing technology and to work on the next prototype.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
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GFG Alliance executive chairman Sanjeev Gupta.

Gupta wins time to negotiate refinance of European steel

The British billionaire’s Liberty Steel business has signed a standstill agreement with Greensill Bank running until October 31.

  • Simon Evans and Jenny Wiggins
Loscam shareholders, including CITIC Capital and Chinese PE investor FountainVest, are hiving off the Australian business via Goldman Sachs and UBS.

Igneo checks into Loscam ANZ auction

At least two big players are readying bids for pallet polling business Loscam’s Australia and New Zealand assets.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Tesla faces a wider safety investigation.

US steps up Tesla Autopilot probe after almost 200 crashes

The road safety regulator has the power to order recalls, and its investigation could force the electric carmaker’s chief executive, Elon Musk, to come up with better safeguards.

  • Keith Laing and Craig Trudell
Rich Lister Denis Wagner is understood to be mulling a bid for WA building materials company BGC Group.

Trade players circle building materials biz BGC; bids next week

West Australia’s BGC Group, which makes $100 million a year selling bricks, cement and the like, has reeled in several listed suitors as sell-side adviser Macquarie Capital calls for indicative bids next week.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Tech Zero episode 1: the science of the lambs

Joanne Howarth wants to fleece the polystyrene packaging industry. She plans to replace the squeaky packing material made from oil or methane with something more environment-friendly: wool. 

  • Peter Ker and Lap Phan