Boral sells US fly ash business for US$755m
Boral has called time in the US after more than 40 years with the sale of its fly ash business to Eco Material Technologies for US$755m, as it focuses on its construction materi...
Australia
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Boral to shift electricity supply to green renewables by 2025
Boral is targeting 100 per cent renewable and hydrocarbon energy supply by 2025 as part of its net-zero emissions by 2050 commitment. The company is ‘exploring all options’ it s...
AdBri sees 95% surge in profit for the 1H21
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 Y...
Boral returns to profit in the FY21
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...
Fortescue Metals Group to diversify into green cement
Australia-based iron ore mining specialist Fortescue Metals Group says it has produced both green iron and green cement in trials that are part of the company's plans to become ...
FCT Group appoints new CEO
Adriano Greco has been appointed CEO of pyro-processing specialist, FCT Group, commencing 1 June 2021. Adriano Greco, who is based in Florida, has been CEO of FCT-Combustion’s A...
FCT Combustion appoints new Asia-Pacific CEO
Andy Bailes has been announced as the new CEO of FCT Combustion (Asia-Pacific). Andy joins FCT after almost 30 years at Metso in Australia, having spent 10 years as General Mana...
Calix and AdBri to build first zero-emission lime plant
Calix and Adelaide Brighton (Adbri Ltd) are to develop a lime project with CO 2 capture and multi-fuel options In Australia. The project represents a world-first development of ...
Adbri sees 4% decline in revenue for 2020
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 attr...
AdBri given approval for AUD199m project
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...