Cement News tagged under: Australia
Adbri CFO resigns08 November 2022, Published under Cement NewsTheresa Mlikota has resigned as chief financial officer of Adbri . Ms Mlikota, who has been with the company since 2019, will remain in the role until 11 November 2022. “On behalf of the board, I would like to thank Theresa for her service and the contribution she has made during her time at Adbri. We wish her the very best for the future,” said Raymond Barro, chairman of Adbri. Peter Barker has been appointed as Interim CFO. Mr Barker is a senior finance executive with more than 30 years... |
Wagners forecasts revenue of AUD220m in 1HFY2227 October 2022, Published under Cement NewsAustralia-based Wagners Holding Company Ltd has issued a market update for the six-month period to 31 December 2022 (1HFY23). According to the company, the update is based on current assumptions and estimates and is subject to the market conditions not materially changing. Revenue for the period is forecast to reach AUD220m (US$142.2m), up AUD49m compared to the AUD171m seen in the 1HFY22. Operating EBITDA over the same period is expected to advance by AUD0.7-1.4m to AUD25-25.7m, while ... |
Adbri CEO and MD step down18 October 2022, Published under Cement NewsAdbri ’s chief executive office and managing director, Nick Miller, is stepping down. Mark Irwin, senior executive at the company, has been appointed as interim CEO. According to Reuters, extreme rainfall and ongoing inflationary headwinds have continued to impact Adbri’s margins. Although demand has remained robust, the company is actively reviewing its expenses to deliver further cost reductions. Out-of-cycle price increases have been implemented but, according to Adbri, they have not ... |
Construction on Kwinana Bulk Terminal starts04 October 2022, Published under Cement NewsWork has started on BGC Group' s AU$55m (US$35.8m) Kwinana clinker facility. The facility will incorporate a 40,000t bulk storage dome and a conveyor linking the Kwinana Bulk Terminal to adjacent Cockburn Cement operations. The new clinker circuit will significantly reduce the need for truck transport, reduce dust emissions, and result in fewer stoppages that lead to shipping delays. Clinker is used in the manufacture of cement, with more than 1.1Mt imported into Western Australia each ... |
Australia's BGC Group pulls out of sale06 September 2022, Published under Cement NewsAustralia’s BGC Group has pulled out of plans to sell the business, marking the second time in the past five years the group has attempted to sell the company with no luck. According to Financial Review, the group’s home building division is its weak spot with tight labour supply and rising costs hitting Australia’s construction industry hard, particularly housebuilding. Although the group, which operates two grinding plants in Australia, has considered breaking up the company in the pa... |
Adbri provides Kwinana update23 August 2022, Published under Cement NewsAdbri Ltd reported that the upgrade of its Kwinana cement plant in Western Australia, originally budgeted at AUD199m (US$137.3m), is likely to see a 15 per cent hike in costs, taking into account inflationary and supply chain pressures. The upgrade is expected to consolidate most of the cement producer’s Western Australia’s operations at the plant and increase annual production capacity by 36 per cent to 1.5Mta. The company said the upgrade was ~25 per cent complete on 30 June 2022 wh... |
A green cement challenge to Australia's cement producers15 July 2022, Published under Cement NewsThis week the Hallett Group announced a AUD125m (US$84.3m) project to replace around 6Mta of imported clinker and cement with supplementary cementitious materials (SCMs) from a new manufacturing facility based at Port Augusta and a Port Adelaide import and export distribution centre for green cement. The operation is expected to cut CO2 emissions initially by 300,000t from June 2024 and then by 1Mt as it expands the following year. The Port Augusta manufacturing site will receive granulated... |
Hallett Group launches its Green Cement Transformation project13 July 2022, Published under Cement NewsThe Hallett Group is breaking into Australia’s cement sector by building a AUD125m (US$84.3m) cement plant in Port Augusta to supply green cement. The project has been funded AUD20m by the federal government of Australia. The building and construction materials supplier will use slag from the Nyrstar Port Pirie smelter and the Liberty Whyaller Steelworks. It will have a separate important and export distribution facility at Port Adelaide. Fly ash will also be supplied by the former Port Aug... |
Boral cuts back operations as energy prices soar20 June 2022, Published under Cement NewsBoral Ltd has cut back its operations due to a surge in energy prices in Australia, according to Reuters. The company has reportedly not only curtailed some areas of its production but has also been forced to pass the change in energy prices onto its customers. It is also in the process of reviewing its overheads to help offset the “inflationary challenges” the company told Reuters. Although Boral acknowledged efforts made by the Australian energy market operator to cap wholesale power pri... |
Building a better Australia13 June 2022, Published under Cement NewsAdbri has been integral to the use of slag cements in Australia since the 1970s. Here, the company looks at how the role of slag cements in the Australian cement industry has progressed and the importance of strong partnerships with local and foreign suppliers. By Michael Miller, Adbri Ltd, Australia. ABCL’s Birkenhead site Adbri Ltd, formerly known as Adelaide Brighton Ltd, is a pioneering construction materials and industrial mineral manufacturing company in Australia. With... |