Cement News tagged under: Fletcher Building Ltd

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GCCA releases its Cement Industry Net Zero Progress Report 2023

04 December 2023, Published under Cement News

The Global Cement & Concrete Association (GCCA) has released its Cement Industry Net Zero Progress Report 2023 providing an update on global action and progress by the GCCA and its member companies. Initiatives featured include development of carbon capture, utilisation and storage (CCUS), increasing use of alternative energy sources and research into new materials and technology. The new report comes two years after the launch of its Concrete Future 2050 Roadmap for Net Zero Concrete.  F...

GCCA welcomes three new member companies

12 December 2022, Published under Cement News

Three more companies have joined the Global Cement and Concrete Association (GCCA), PT Souls Bangun Indonesia TBK ,  Fletcher Building Ltd and  Norm Cement . By joining the GCCA they have demonstrated their commitment to reaching net zero by 2050, in line with the GCCA Industry Roadmap for Net Zero concrete.    PT Souls Bangun Indonesia TBK operates four cement plants, producing about 14.8Mta of cement. Oepoyo Prakoso, corporate environment and sustainability manager from PT Solusi Bangu...

Fletcher building hit by Golden Bay shutdown and Australian residential market

21 November 2018, Published under Cement News

Fletcher Building Ltd's performance has been impacted by trading conditions and a four-week shutdown of subsidiary Golden Bay Cement which cost in the range of NZD8-11m (US$5.4-7.5m). The company has downgraded its full-year EBIT by 10 per cent to NZD20m. "The 10 per cent lower ebit was a reflection of Australian trading conditions, the Golden Bay Cement issue and timing of sales in its New Zealand residential business,'' said Craigs Investment Partners broker Peter McIntyre. In addition...

Fletcher Building to sell Rocla Quarry Products business to Hanson

19 August 2015, Published under Cement News

Fletcher Building Ltd has entered into a conditional agreement to sell the operations of Rocla Quarry Products (RQP) to Hanson Construction Materials in a transaction valued at approximately AUD203m (US$149m).   Fletcher Building will continue to own and operate RQP until completion of the transaction, which is expected to be by the end of January 2016.   The transaction is conditional upon a number of matters, including clearance from Australian Competition and Consumer Commission. Upon com...

Swire Bulk Logistics enters partnership with Golden Bay

25 February 2015, Published under Cement News

Swire Bulk Logistics, the industrial shipping division of The China Navigation Company (CNCo), has entered into a long term partnership with New Zealand’s Golden Bay Cement (GBC), a trading division of Fletcher Building Ltd, to build, own and operate a dedicated, self-discharging cement carrier. The 9000dwt vessel, named Aotearoa Chief, to be built at China’s Jinling shipyard, is specifically designed to operate on the New Zealand coast, with a view to optimising supply chain efficiency. ...