Cement News tagged under: Austrailia
Fletcher Building to sell Rocla Quarry Products business to Hanson19 August 2015, Published under Cement NewsFletcher Building Ltd has entered into a conditional agreement to sell the operations of Rocla Quarry Products (RQP) to Hanson Construction Materials in a transaction valued at approximately AUD203m (US$149m). Fletcher Building will continue to own and operate RQP until completion of the transaction, which is expected to be by the end of January 2016. The transaction is conditional upon a number of matters, including clearance from Australian Competition and Consumer Commission. Upon com... |
Boral sees US housing recovery02 November 2012, Published under Cement NewsAustralian market conditions have remained difficult in the quarter to the end of September, though weather conditions have been somewhat better. While infrastructure investment has been strong, this has not been sufficient to offset the continued negative impact coming from the residential market. Cement pricing has been weak because of low import parity costs that reflect low bulk shipping rates and a strong Australian dollar. A review of the cement operations is currently underway to r... |
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