Tox Free Solutions

Osborne Park-based Tox Free Solutions says it is set to become the national leader in the hazardous waste industry after announcing a deal to purchase DoloMatrix International for $58 million.

Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News’ 2011 survey has found.

Indigenous businesses are building capacity through joint ventures and are growing on the back of multi-billion dollar contracts from big mining companies.

A JOINT venture between NRW and two east Pilbara indigenous groups has dominated the indigenous contracting space during the past 18 months, winning contracts with Fortescue Metals Group and Rio Tinto worth a combined $780 million.

Waste management and industrial services company Toxfree has reported a 33 per cent jump in net profit to $10.5 million for the first half of the financial year.

Steve Gostlow’s punt on Tox Free Solutions is starting to pay dividends.

Investment bank Gresham believes conditions are right for significant corporate finance activity in mining services as companies in the sector look at growth and diversification strategies.

Waste management technology company Tox Free Solutions has expanded its footprint on Australia’s east coast, acquiring three related firms for $85 million.

Western Australian CEOs have raised more than $1 million as part of the St Vincent de Paul Society’s CEO Sleepout this week.

Tox Free Solutions’ full-year profit has dropped by 13 per cent, with a series of one-off impairments souring an otherwise solid year of growth for the Perth-based waste management firm.

Perth-based Tox Free Solutions has secured a five-year contract for waste management services at Chevron's Western Australian assets, including the massive Gorgon LNG project.

Waste management company Tox Free Solutions has bolstered its order book, securing new contracts with Titan Energy and Rio Tinto's Dampier Salt business.

Tox Free Solutions has renewed its contract with Rio Tinto to provide waste management services for the mining giant.

Waste management company Tox Free Solutions has declared its first interim dividend after posting solid growth in earnings for the half year to December 2013.

As fund raising events go, this one is on message.

Waste management company Tox Free Solutions has announced a 60 per cent increase in net profit to 21.7 million on the back of a 30 per cent rise in revenue to $369.9 million.

Shares in Nedlands-based waste management company Tox Free Solutions were higher this morning after it flagged a first-half profit upgrade.

Facing a slowdown in mining-related construction work, indigenous contractors are diversifying into new fields, establishing joint ventures and highlighting their Aboriginal credentials. Click through to also see our BNiQ list of 25 major indigenous contractors in WA.

Perth-based waste management company Tox Free Solutions has posted a 30 per cent boost in first-half profit to $12.4 million on the back of improvements in its industrial services operations.

Nedlands-based waste management company Tox Free Solutions has delivered a flat profit result, with revenue up 10 per cent and a 42 per cent rise in its final dividend payout.

Local waste management company Tox Free Solutions has won a new contract for work at BHP Billiton’s Olympic Dam mine in South Australia, along with an extension for ongoing work at Chevron’s Western Australian assets, for an undisclosed sum.

Waste management company Tox Free Solutions has posted a slight increase in profit despite a dip in revenue, but has increased its return to shareholders.

Local waste management firm Tox Free Solutions is expanding its east coast presence with the acquisition of Worth Corporation for $70 million.

SPECIAL REPORT: A flurry of deals over the past fortnight, including four acquisitions by international companies expanding in Western Australia and the year's largest capital raising, has added life to a flat corporate finance market. 

SPECIAL REPORT: Tox Free Solutions has completed nearly 20 takeovers on its way to becoming a national player in the waste management sector.

SPECIAL REPORT: Indigenous contractors are revising their business plans and moving into new sectors as the mining construction boom has waned.

Waste management company Tox Free Solutions has lifted its dividend payout after releasing a mixed set of annual results that included weak earnings from its Western Australian and Queensland operations, but solid growth elsewhere on the east coast.

The Business News index of 30 Western Australian companies outperformed the ASX200 in the September quarter on the back of stronger showings from a handful of miners and contractors.

Local waste management company Tox Free Solutions has entered into an agreement to buy medical waste solutions business Daniels in a cash, scrip and debt deal worth $186 million.

Waste management business Tox Free Solutions has announced its contract for work at Chevron’s Gorgon gas project on Barrow Island will end in June, a year early.

Waste management business Tox Free Solutions has traded two of its east coast businesses for an industrials business owned by JJ Richards & Sons under an asset swap agreement.

Perth-based Tox Free Solutions has announced a slightly lower full-year profit result while increasing its dividend payout to shareholders.

Firm

Dr Richard Hopkins has resigned as chief executive of PharmAust to pursue a senior corporate position in another company. Dr Roger Aston, current executive chair, will become acting chief executive.