Cement News tagged under: Australia
Adelaide Brighton confirms contract renewal09 December 2014, Published under Cement NewsAdelaide Brighton announced that it has extended a supply agreement to a major cement customer in South Australia. The current agreement which expires at the end of December 2014, has been extended on similar terms until theend of December 2015. Chief Executive Officer, Martin Brydon, said: “This is a positive outcome for Adelaide Brighton and we are pleased to have secured ongoing supply to this major South Australian customer.” |
Pacific Cement looks to extend export reach01 December 2014, Published under Cement NewsPacific Cement Ltd is looking to new export markets in Australasia having been recognised for its efforts at the 2014 Westpac Prime Minister's Exporter of the Year Awards. The company, which operates a 0.215Mta grinding unit on the Pacific island of Fiji, received a 'Recognition Award' for the first time at the ceremony hosted by Investment Fiji and sponsored by the Westpac Banking Corporation. Commenting on the award, general manager Sonni Dutt said: "We have been trying to achieve an ... |
Terra Cement signs joint venture agreement with Ore Mines International07 November 2014, Published under Cement NewsTerra Cement Inc has signed joint venture agreement with Ore Mines International Pty Ltd in South Australia (OMI) to form a new company, under the name of Terra Cement Australia Pty Ltd (TCA). TCA will engage in the marketing of Terra’s proprietary process (patent pending) for producing sustainable cement using ash in Australia, New Zealand and Papua New Guinea. The joint venture will begin operating by the end of the year. TCA will convert existing cement plants and mixing facilities to pr... |
Boral's cement shipments rise by three per cent28 August 2014, Published under Cement NewsBoral's turnover in its financial year to the end of June 2014 eased by 1.6 per cent to AUD5204m (EUR3646m), but the EBITDA improved by 3.9 per cent to AUD556m (EUR390m). The trading profit advanced by 28.9 per cent to AUD294m (EUR206m) and after a net interest charge 14.4 per cent lower at AUD83m (EUR58m) the pre-tax profit rose by 62.7 per cent to AUD211m (EUR148m). The net attributable profit went from an AUD212m (EUR149m) loss to a profit of AUD173m (EUR121m) profit. Net debt at t... |
AdBri 1H net profit falls, revenue edges ahead28 August 2014, Published under Cement NewsAdelaide Brighton reported a 3.9 per cent rise in first-half revenue to AUD602m, as improved pricing and increased cement from the residential sector on the eastern seaboard offset a decline in project volumes in South Australia and a reduction in lime sales volumes. The company reported a net profit for the half year ended 30 June 2014 of AUD51.2m, down 15.9 per cent compared to the same period of last year. Adjusting for significant items, underlying net profit of AUD61.2m was 2.9 per... |
Adelaide Brighton downstream acquisitions, Australia07 August 2014, Published under Cement NewsAdelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term vertical integration strategy of buying downstream construction materials businesses. In South Australia, in addition to the recently announced Penrice quarry acquisition, Adelaide Brighton has entered into a contract to purchase Direct Mix Concrete and Southern Quarries (DMC), the largest independent aggregates and... |
Adelaide Brighton acquires Penrice quarry, Australia29 July 2014, Published under Cement NewsAdelaide Brighton has acquired the Penrice limestone quarry in Angaston for an undisclosed price. The quarry, which had been placed into voluntary administration in April, will now become a key raw materials supplier to Adelaide Brighton’s lime and cement plant in Angaston. “The quarry acquisition represents a strong strategic fit for Adelaide Brighton by securing a high quality marble deposit for the supply of raw material to the company’s Angaston plant for lime and off-white cement man... |
Australia: Boral accuses union of blackmail10 July 2014, Published under Cement NewsBoral's chief executive has gone on the offensive accusing the construction union of blackmail, a criminal conspiracy and an unlawful boycott of the company over the past 18 months. Mike Kane, Boral CEO, told the Royal Commission into trade unions that, despite getting an injunction against the Construction, Forestry, Mining and Energy Union (CFMEU), Boral has been frozen out of construction work in Melbourne. Now the dispute is being played out in the Royal Commission into Trade Union Gov... |
Australia: calls for Adelaide Brighton Cement licence review07 July 2014, Published under Cement NewsAdelaide Brighton's Birkenhead cement plant is coming under pressure for tighter regulation on its environmental performance. Greens leader, Mark Parnell, says data provided by Adelaide Brighton to the National Pollutant Inventory shows big rises in emissions of oxides and dust. Mr Parnell said its emissions of sulphur dioxide alone have nearly trebled since 2009-10, according to a report on ABC News. This has prompted calls for the cement company to have its licence reviewed before it ex... |
Boral to cut 28 jobs as Maldon prepares to cease clinker production, Australia20 June 2014, Published under Cement NewsBoral is to axe up to 28 jobs as the Australia-based producer ceases clinker production at its Maldon works as of 31 December. Ross Harper, executive general manager of Boral Cement, said a decline in demand for off-white clinker, which forms the basis of a range of specialty cement products, was behind the decision. “Unfortunately demand has declined sharply as consumers switch to products made from imported ‘white’ clinker. “This decline has coincided with a downturn in demand, ... |