Cement News tagged under: Fletcher Building

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Fletcher Building posts EBIT growth of 6% in FY23

17 August 2023, Published under Cement News

Fletcher Building’s FY23 financial result continued to build on the progress made in both EBIT levels and EBIT margins over the last several years. “Despite softer residential markets in New Zealand and Australia, and the major New Zealand weather events in the second half, group EBIT before significant items grew by six per cent in FY23 to NZD798m [US$475.7m]," said Fletcher Building Chief Executive Ross Taylor. "Group EBIT margin of 9.4 per cent in FY23 lifted from 8.9 per cent in FY22,...

Fletcher Building secures pond ash supply

10 May 2023, Published under Cement News

Fletcher Building has teamed up with Genesis to   use ash from Huntly Power Station as an alternative raw material in cement. This includes up to 20,000t of pond ash, also known as bottom ash, which is produced each year after coal is used to generate power. The pond ash is extracted from existing settling ponds and used in the manufacturing process at Golden Bay Cement as a raw material, assisting the performance of the cement with its technical composition. “Fletcher Building fir...