Boral lifts 1HFY13 net profit guidance, Australia
Boral Ltd today announced that following stronger-than-expected performance in the December 2012 quarter, it expects net profit after tax (before significant items) for the fir...
Australia
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Boral announces further job cuts in new restructuring plan
Building materials major Boral has announced a further round of job cuts, predominantly across its Australian operations, following a 100-day review of the company by its chie...
Union meets workers over Boral job cuts, Austraila
The Australian Workers Union (AWU) is meeting today with workers who are expected to lose their jobs at Boral's Waurn Ponds cement plant in Victoria, Australia, according to re...
Adelaide Brighton signs agreements with Japanese suppliers
Adelaide Brighton has entered into two clinker import supply agreements with Japanese suppliers. These agreements secure a significant part of this requirement from the Japanes...
Adelaide Brighton acquires 30% in Malaysian white cement producer
Adelaide Brighton Limited has entered into an agreement to acquire 30 per cent of white cement producer Aalborg Portland Malaysia Sdn Bhd (APM). The acquisition price for th...
Holcim Australia to make cutbacks
Holcim Australia is expected to lay off 150 staff and mothball up to 30 plants as it adjusts to challenging market conditions. According to reports by the Financial Review ...
Adelaide Brighton full year earnings on track, Australia
Adelaide Brighton has confirmed it is on track to meet its 2011-12 earnings guidance, underpinned by its exposure to the resource and infrastructure sectors. Speaking to the ...
Boral announces new CEO, Australia
Mike Kane has been appointed Chief Executive Officer and Managing Director of Boral Limited, effective 1 October 2012. Mike Kane will replace Ross Batstone who became Boral’s ...
FLSmidth strengthens customer services footprint in Australia
FLSmidth signed an agreement to acquire the two Australian service companies MIE Enterprises Pty Ltd. and Mayer Bulk Pty Ltd. The parties have agreed not to disclose the value ...
Mining company looks to restart Kandos operations, Australia
Mining company Kingsgate Consolidated has signed a Memorandum of Understanding with the owners of the former Kandos cement works in an attempt to revive production. About 10...