Wednesday 19 August 2009

Clyde. Shell refinery back in business

Production has resumed at the Shell Clyde Refinery after it was shut down in November for maintenance following a series of outages which had disrupted operations throughout the previous 12 months. During the shutdown all fuel supplies were imported. The refinery, which supplies about 40 per cent of Sydney’s fuel requirements and 50 per cent across NSW, has the capacity of 85,000 barrels a day.

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Riverstone West. DCP comes into effect

The Riverstone West Development Control Plan comes into effect today following the rezoning, on August 8, of the Riverstone West Precinct, the first employment precinct within the North West Growth Centre to be completely planned. The precinct has land with the potential for over 12,000 new jobs.

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Region. OneSteel to reduce workforce

Sydney-based steel manufacturer, OneSteel, said the total number of reductions to directly employed staff, implemented or planned, under the labour reduction program would amount to approximately 1240 by the end of year Chief executive, Geoff Plummer, said the cuts, which were expected to save $160 million a year, would be across all the company's Australia-wide operations. The company has its Sydney Steel Mill, at Rooty Hill, and other facilities across Western Sydney. Reductions at specific facilities were not given.

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Parramatta. Business Masters at UWS

The University of Western Sydney will welcome prospective students interested in completing a Business Masters to the Parramatta campus, on Monday 24 August, 2009. Associate Professor Robyn McGuiggan, executive dean, of the College of Business, will speak about the wide range of study options available and the advantages of completing further study.

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Region. Shopping centres sold for $93.3m

Four Sydney metropolitan neighbourhood shopping centres sold for approximately $99.3 million in 2008, with three in Western Sydney, namely, Mt Annan Central, $22.3 million, Norwest Marketown, $35 million and Circa Retail, in Norwest Business Park, $36 million, according to the latest CBRE Sydney Metropolitan Retail Marketview report. “This is an enormous fall in market activity (because of limitations to the accessibility of capital), off the back of the $1.413 million achieved in 2007,” the report noted. Stage 1 of the Top Ryde development, 36,733 square metres, and stage 2 of Stocklands Merrylands, 8622 square metres, are expected to be completed in 2010 as well as the 14,000 square-metre Cosco bulky goods outlet in Auburn

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