Cement News tagged under: Adeladie Brighton
Australia: Adelaide Brighton sales boost25 May 2016, Published under Cement NewsAdelaide Brighton expects improved sales in several of its key products largely due to demand from east coast markets. Martin Brydon, Adelaide Brighton chief executive, said at the company’s annual meeting that the firm expects significant growth in the sales of pre-mixed concrete and aggregates in 2016 as a result of stronger east coast markets. However, Mr Brydon went on to say that 2016 sales volumes of cement and clinker are expected to be similar or slightly less than those in ... |
Adelaide Brighton downstream acquisitions, Australia07 August 2014, Published under Cement NewsAdelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term vertical integration strategy of buying downstream construction materials businesses. In South Australia, in addition to the recently announced Penrice quarry acquisition, Adelaide Brighton has entered into a contract to purchase Direct Mix Concrete and Southern Quarries (DMC), the largest independent aggregates and... |
Adelaide Brighton acquires 30% in Malaysian white cement producer03 December 2012, Published under Cement NewsAdelaide 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 the 30 per cent equity stake in APM is US$29.7m including US$2.3m for 30 per cent of the net cash on hand, plus transaction costs of about US$0.4m. Completion is expected on 5 December 2012. APM's facility is situated in Ipoh, on the west coast of the Malaysian Peninsula, approximately 180km north of Kuala Lumpur. It ... |
Adelaide Brighton reports slight drop in net profit, Australia16 February 2012, Published under Cement NewsAdelaide Brighton on Thursday booked a net profit for the 2011 calendar year of A$148.4m, down two per cent on 2010 as a result of a higher effective tax rate. The company lifted revenue by 2.6 per cent to a record A$1.1bn. Managing director Mark Chellew said the profit was a good result in challenging trading conditions."The company's record revenue was achieved largely as a result of demand from mining and resources and projects in South Australia and Western Australia and the continued... |
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