Kwinana-headquartered major private manufacturer Coogee Chemicals has had another solid year, lifting revenue, profit and assets, as it eyes an expansion of its operation in the US.
The Martin family, of Coogee fame, will have to wait longer to bring its Bunker Bay chalets to fruition after a development panel deferred its decision.
Two of Western Australia's most successful families – the Bennetts and the Martins – have seen changes in the ranks of key advisers to their business interests.
Chemicals giant Coogee has surged in value during the past year, with the addition of more than $100 million in assets making it worth almost $420 million for its owners.
Chemicals manufacturer Coogee is planning a $40 million expansion of its chlor-alkali plant south of Perth, in a bid to more than double production at the Kemerton site.
Aquacuture firm Atlas Pearls and Perfumes has locked in two debt facility agreements for a total of $3 million, one of which is with its director, Tim Martin.
SPECIAL REPORT: Home builder Julian Walter and company director Tony Howarth have spoken to Business News about how they are working together on the transition to the next generation at JWH Group.
Coogee Chemicals has started the new financial year with a freshly installed executive chairman in Tim Martin, and a new managing director in Grant Lukey.
Shares in Western Australian aquaculture player Atlas Pearls and Perfumes fell dramatically today as the company announced a restructure, including the resignation of executive chairman Stephen Birkbeck.
Atlas Pearls and Perfumes, formerly Atlas South Sea Pearl, has announced the appointment of Coogee Chemicals managing director Tim Martin to its board of directors.