AdBri 1H net profit falls, revenue edges ahead
Adelaide 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 of...
Australia
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Adelaide Brighton downstream acquisitions, Australia
Adelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term ve...
Adelaide Brighton acquires Penrice quarry, Australia
Adelaide Brighton has acquired the Penrice limestone quarry in Angaston for an undisclosed price. The quarry, which had been placed into voluntary administration in April, wil...
Australia: Boral accuses union of blackmail
Boral'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 mo...
Australia: calls for Adelaide Brighton Cement licence review
Adelaide Brighton's Birkenhead cement plant is coming under pressure for tighter regulation on its environmental performance. Greens leader, Mark Parnell, says data provided by...
Boral to cut 28 jobs as Maldon prepares to cease clinker production, Australia
Boral 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 Bora...
ICL cancels planned project, Australia
Independent Cement and Lime (ICL) has scrapped plans to build a cement storage and distribution plant in New South Wales, Australia, amid market and economic uncertainty. Las...
Cockburn reduces Munster workforce, Australia
Cockburn Cement has cut 44 jobs at its Munster cement plant in Australia and indicated that another 20 further jobs could go over the next 18 months as it restructures its oper...
Boral sharply improves net profit
Boral reported that turnover for the six months to the end of December was ahead by 3.6 per cent to AUD2874m (EUR1894m) and EBITDA rose by 16.3 per cent to AUD307m (EUR202m). ...
Adelaide Brighton CEO to retire, Australia
Mark Chellew, managing director and CEO of Adelaide Brighton, is to retire following the company's AGM in May 2014 and be replaced by Martin Brydon, Adelaide Brighton’s current...