Boral releases revised FY19 guidance
Boral Ltd announced that it expects net profits after tax for 1HFY19 to be around AUD200m (US$142.6m) and EBITDA to be approximately AUD483m. Excluding the impact of lower earni...
Australia
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Holcim Australia announces new CEO
Following the commencement of Nick Miller’s duties as CEO of Adelaide Brighton last week, the company has announced the departure of George Agriogiannis, executive general manag...
Fletcher building hit by Golden Bay shutdown and Australian residential market
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-...
New levy to increase input costs for Australian manufacturers
Australian manufacturers and industry groups have warned that a new "biosecurity levy" would increase costs by 3000-5000 per cent on the key inputs for cement production, alumin...
Adelaide Brighton announces new CEO
Australia’s Adelaide Brighton has announced that Nick Miller will become the company’s new CEO after Martin Brydon leaves the company next year. Mr Miller is the CEO of Broadspe...
Boral concludes deal with Geelong Port for new facility
A new clinker grinding and cement facility is to be built at Geelong following an agreement between Boral Cement and Geelong Port, Australia. The 25-year agreement will see Bora...
Boral posts 49% net profit surge in FY18
Australia’s Boral has announced a 49 per cent YoY surge in in net profit to AUD441m (US$322.45m) for the FY18 ended 30 June. Sales revenue increased 34 per cent to AUD5.9bn, whi...
Adelaide Brighton records net profit increase in 1H18
Australia's Adelaide Brighton has posted a 17.7 per cent YoY increase in net profit to AUD84.5m (US$62m) in the 1H18. Revenue saw a rise of 11.7 per cent to AUD807.2m, on the ba...
ResourceCo opens Sydney waste-to-fuel plant
A new multi-million dollar waste-to-fuel plant has been opened in Sydney at Wetherhill Park by ResourceCo in a joint venture with Cleanway, an industrial and environmental servi...
Boral's Geelong grinding unit wins environmental approval
Victoria's planning tribunal has given the approval for the Boral to construct a 1.3Mta clinker grinding facility at Geelong Port without further environmental monitoring.