Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


New Brand for Crown Research Institute

NEWS RELEASE from GNS Science
19 OCTOBER 2005

NEW BRAND FOR CROWN RESEARCH INSTITUTE

The Crown Research Institute formerly known as Geological and Nuclear Sciences Limited has shortened its name to GNS Science.

The company also has a new logo, replacing the logo it has had since it was formed in 1992. The new name and refreshed logo were unveiled in the company's 2005 annual report, released this week.

Chief Executive Alex Malahoff described the new brand as a refurbishment rather than a totally new look.

" We've modernised our logo to succinctly encapsulate our values and capabilities," Dr Malahoff said.

" The stronger visual identity will make us recognisable as the major organisation in New Zealand focused on a broad spectrum of sciences from earth sciences to isotope technologies. Our purpose is to transform the knowledge from our activities into economic, social, and environmental benefits for New Zealand."

Dr Malahoff said renewal of the brand would coincide with the company's move to a new building at Avalon in Lower Hutt, which is scheduled for the end of this year. The building will house the company's Lower Hutt staff, currently accommodated in five buildings at the Gracefield Research Centre.

The new brand includes the company's Maori name Te Pu Ao, which means the origin and source of the world from atomic to planetary scales.

Major achievements during the past year included leading a successful deep-sea expedition using a submersible to explore 10 active submarine volcanoes in the Kermadec arc, northeast of the Bay of Plenty.

GNS Science secured extra funding for its GeoNet project, which will enable New Zealand to build a world-class instrument network to monitor earthquakes, volcanoes, landslides, and tsunamis. The Earthquake Commission has boosted its funding in GeoNet by $3 million to $8 million a year.

The company's extremophile facility at Wairakei has collected 200 heat and acid-loving microorganisms from New Zealand's geothermal and volcanic areas and has used DNA sequencing to identify 75 of them. The research is helping to open up exciting biotechnology applications such as treatment of waste water, bioremediation of contaminated land, and recovery of valuable metals from geothermal fluids.

Nanotechnology is another area that has made solid progress in the past year. The company's nanotechnology facility has a growing portfolio of patents and is moving closer to producing commercial nanostructures for the electronics industry.

GNS Science posted an after-tax profit of $1.2 million ($1.4 million, 2004) on revenue of $43 million ($39.4 million) for the year to 30 June 2005.

Fifty-three percent of the company's revenue came from the government's contestable public good research funding and 14 percent from the Earthquake Commission-funded GeoNet project. The remaining 33 percent came from consultancy work for a wide variety of sectors in New Zealand and overseas.

GNS Science has 280 staff based at offices in Lower Hutt, Wairakei, and Dunedin.

END

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news