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May 22, 2012
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LanzaTech, the Kiwi producer of low-carbon fuels
and chemicals from waste gases and darling of the cleantech biz, has
closed its Series C round with new investment totaling US $55.8 million
($68.8 million) led by the Malaysian Life Sciences Capital Fund. New
investors include PETRONAS Technology Ventures Sdn Bhd, the venture arm
of PETRONAS, the national oil company of Malaysia, and Dialog Group, a
leading Malaysian integrated specialist technical services provider to
the oil, gas and petrochemical industry. Proceeds will be used to accelerate research, development and commercialisation.
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Big things are ahead for local label Phoenix Cosmetics – the brand is expanding into Wellington, Tauranga and
Dunedin, and its first overseas store is set to open in Melbourne. In addition to its product range, it offers beauty school lessons,
workshops, and make-up services often booked up
weeks ahead. What’s driving its success?
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A natural substance obtained from the seeds of a
“miracle tree” could be the answer to inexpensive water purification in
the developing world, US scientists say. Research on the potential of a sustainable water-treatment process requiring only tree seeds and sand has been published in the journal Langmuir, in which adding an extract of the seed of the Moringa oleifera to
negatively charged sand proved effective in killing harmful E. coli bacteria and
removing sediment from water samples.
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The health sector could see big benefits from the
introduction of UFB, which will also open up opportunities for
“innovative” methods of teaching. So says Ernie Newman, former chief of the Telecommunications Users
Association of New Zealand, in a paper for the Commerce Commission. The commission today released the second of three issues papers
relating to the uptake of UFB ahead of a public conference in February
2012. It is carrying out a study to identify factors that may
impede the uptake of high speed broadband services in New Zealand.
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Air New Zealand has won more Air Transport World Airline of the Year awards in the last decade than any other airline. Not bad. So how exactly did a small Kiwi airline become the best in
the world? Kaleb Francis breaks it down.
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Businesses are planning to focus on customer
satisfaction and growth in new markets this year, according to the latest
MYOB Business Monitor. More than a third of those surveyed expected
customer retention activity to increase in 2012. The second most popular strategy for 2012 is new market growth,
according to the survey, followed by new customer acquisition.
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Experts agree the Asia Pacific region can expect continual growth in private equity, according to the Ernst & Young 2012 Private Equity Outlook report. Asia’s fastest growing southeastern subregion in particular is tipped to
increase investment and economic activity. Respondents cite
Indonesia as the primary target market for this growth. The outlook forecasts increasing global prominence for the region, with private equity firms starting to employ more external
advisors as a part of value creation strategies.
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