Cement News tagged under: Australasia

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Mayur Resources’ project awarded special economic zone status

09 September 2021, Published under Cement News

Mayur Resources' Central Cement and Lime project area has been granted Special Economic Status by the Papua New Guinea government. Managing Director, Paul Mulder, said “I greatly appreciate the leadership of the PNG Prime Minister & Minister for Bougainville Affairs & Defence, Honourable James Marape, in the establishment of this Special Economic Zone (SEZ) as it sets the right conditions for large-scale investment to thrive and catalyse down-stream processing in the SEZ that will pa...

AdBri sees 95% surge in profit for the 1H21

25 August 2021, Published under Cement News

Australia’s AdBri has posted a net profit after tax of AUD56.6m (US$41m) in the first half of 2021, up 94.5 per cent on the year-ago period. Revenue also advanced 7.4 per cent YoY to AUD752.3m from AUD700.7m, as demand for construction materials increased. "Adbri delivered a robust first half financial performance for 2021 recording solid growth in revenue and profits with improving margins as demand for construction materials rebounded, supported by increased residential housing activity ...

Boral returns to profit in the FY21

24 August 2021, Published under Cement News

Australia’s Boral has reported a net profit of AUD640m (US$462.87m) for the full year ended 30 June 2021, compared to a loss of AUD1.145bn in the previous fiscal year. EBIT also advanced 37 per cent to AUD445m. However, sales revenue from continuing operations was down six per cent YoY to AUD2924m, as a result of lower volumes and softer prices, according to a media release. "Our full year FY2021 results reflect the mixed market conditions we are continuing to experience in Australia duri...

Fiji issues cement price control order

29 June 2021, Published under Cement News

The Fijian Competition and Consumer Commission has issued a price control order for cement following a legal notice on 18 June by the Minister for Commerce and Trade, Faiyaz Koya, according to The Fiji Times. "This order may be cited as the Fijian Competition and Consumer Commission (Control of Prices for the Supply of Cement Products) Order 2021," states the legal notice. "This order comes into force on 22 June 2021. "For the purpose of Section 39 of the Fijian Competition and Consumer C...

Golden Bay Cement completes waste tyre project

31 March 2021, Published under Cement News

New Zealand-based Fletcher Building has announced the completion of its project at Golden Bay Cement, which will see up to 3m used tyres be used in cement manufacturing every year. The upgrade to the integrated cement plant based in Portland, Whangarei, was officially opened by New Zealand's Minister for the Environment, David Parker. It is expected to reduce carbon emissions by around 13,000tpa and cut the producer’s coal usage by 15 per cent. "Using end-of-life tyres in cement manufa...

Fiji producers issued prohibition notices

24 March 2021, Published under Cement News

Fiji’s Pacific Cement Ltd and Tengy Cement Co have reportedly been issued prohibition notices by the country’s Department of Environment to cease activities, after it was allegedly found the two companies had breached earlier notices regarding emission levels, according to the Fiji Sun. "Unless the problem has been rectified, the prohibition notice does not lift up. If there is any particular operation in any business that is affecting the environment, then the prohibition notice stops the...

Adbri sees 4% decline in revenue for 2020

23 February 2021, Published under Cement News

Australia-based Adbri Ltd has announced a 4.1 per cent decrease in revenue to AUD1454.2m (US$1.15bn) in 2020, compared to AUD1517m in the previous year. The result has been attributed to the impact of lower residential activity on cement and concrete volumes. However, reported net profit after tax advanced 98.1 per cent YoY to AUD93.7m from AUD47.3m. "In the context of the challenging operating environment, the financial outcomes we delivered for FY20 are better than we had expected and ...

AdBri given approval for AUD199m project

17 December 2020, Published under Cement News

Australia’s Adbri Ltd has been given board approval for an AUD199m (US$151.7m) project that will consolidate two existing cement production sites into a single operation serving the western Australia market and increase production capacity to 1.5Mta from 1.1Mta. AdBri’s Cockburn Cement business has existing production capabilities to service this market at both Kwinana and Munster, located south of Perth. Clinker is currently transported by truck from its Kwinana bulk terminal (KBT) to ceme...

Nationbuilding in Papua New Guinea

12 October 2020, Published under Cement News

Mayur Resources is an ASX-listed company focussed on the development of natural resources in Papua New Guinea (PNG). As the company prepares to begin construction of the country’s first integrated cement and lime project next year, Tim Crossley, executive director of Mayur Resources, explains how the plant will have first-mover advantage to capture the growing domestic market as well as significant export market potential. Mayur Resources will build Papua New Guinea’s first integrated...

Adbri orders new Mondi 'Rain Barrier' bags

02 October 2020, Published under Cement News

Mondi's Rain Barrier bag Mondi has partnered with Adelaide Brighton Cement (Adbri) and Pope Packaging to develop a new water-resistant paper bag called 'Rain Barrier', made out of Mondi’s Advantage Protect white sack kraft paper, for the Australian construction market. The paper itself is rain resistant for up to six hours and can resist water ingress for up to five days when stored in damp conditions.  The Rain Barrier bag keeps water from seeping in, as it stays on the surface...