Cement News tagged under: Australasia
Wagners forecasts revenue of AUD220m in 1HFY2227 October 2022, Published under Cement NewsAustralia-based Wagners Holding Company Ltd has issued a market update for the six-month period to 31 December 2022 (1HFY23). According to the company, the update is based on current assumptions and estimates and is subject to the market conditions not materially changing. Revenue for the period is forecast to reach AUD220m (US$142.2m), up AUD49m compared to the AUD171m seen in the 1HFY22. Operating EBITDA over the same period is expected to advance by AUD0.7-1.4m to AUD25-25.7m, while ... |
Golden Bay Cement launches EcoSure®20 October 2022, Published under Cement NewsGolden Bay Cement , part of Fletcher Building, has launched EcoSure®, a general purpose cement with lower embodied carbon of just 699kg CO 2 e/t of cement, which is said to perform as strongly as its predecessor EverSure ® . Gian Raffainer, general manager at Golden Bay, says, “Due to the very high temperature in the kiln, no smoke, odour or visible emissions result from the process and because leftover tyre, steel and ashes are incorporated into the final product, there is no waste or... |
Adbri CEO and MD step down18 October 2022, Published under Cement NewsAdbri ’s chief executive office and managing director, Nick Miller, is stepping down. Mark Irwin, senior executive at the company, has been appointed as interim CEO. According to Reuters, extreme rainfall and ongoing inflationary headwinds have continued to impact Adbri’s margins. Although demand has remained robust, the company is actively reviewing its expenses to deliver further cost reductions. Out-of-cycle price increases have been implemented but, according to Adbri, they have not ... |
Construction on Kwinana Bulk Terminal starts04 October 2022, Published under Cement NewsWork has started on BGC Group' s AU$55m (US$35.8m) Kwinana clinker facility. The facility will incorporate a 40,000t bulk storage dome and a conveyor linking the Kwinana Bulk Terminal to adjacent Cockburn Cement operations. The new clinker circuit will significantly reduce the need for truck transport, reduce dust emissions, and result in fewer stoppages that lead to shipping delays. Clinker is used in the manufacture of cement, with more than 1.1Mt imported into Western Australia each ... |
Australia's BGC Group pulls out of sale06 September 2022, Published under Cement NewsAustralia’s BGC Group has pulled out of plans to sell the business, marking the second time in the past five years the group has attempted to sell the company with no luck. According to Financial Review, the group’s home building division is its weak spot with tight labour supply and rising costs hitting Australia’s construction industry hard, particularly housebuilding. Although the group, which operates two grinding plants in Australia, has considered breaking up the company in the pa... |
Adbri increases revenue by 8% in 1H2224 August 2022, Published under Cement NewsAdbri ’s revenue increased to NZD812.4m (US$501.4m) in the 1H22, up eight per cent on 1H21 driven primarily by strong construction and mining sector demand and improved pricing across most products, said the company. Underlying net profit after tax decreased 1.3 per cent to NZD54.3m. Results were impacted by operational challenges associated with extreme wet weather events on the east coast of Australia, anticipated lower lime volumes, higher raw materials, shipping, transport, power and f... |
ETS review and CBAM indecision weigh heavily on Golden Bay Cement05 August 2022, Published under Cement NewsAs governments set out plans for decarbonisation, New Zealand could follow the stern example set by Sweden that included witholding a quarry permit from a well established cement producer. New Zealand is similarly poised to take an aggressive stance to slashing carbon emissions to reach net zero by 2050. The cement industry could be put on its back foot as pressure mounts for it to decarbonise quicker, or look towards cement imports or cement alternatives. New Zealand's Climate Change draft... |
A green cement challenge to Australia's cement producers15 July 2022, Published under Cement NewsThis week the Hallett Group announced a AUD125m (US$84.3m) project to replace around 6Mta of imported clinker and cement with supplementary cementitious materials (SCMs) from a new manufacturing facility based at Port Augusta and a Port Adelaide import and export distribution centre for green cement. The operation is expected to cut CO2 emissions initially by 300,000t from June 2024 and then by 1Mt as it expands the following year. The Port Augusta manufacturing site will receive granulated... |
Hallett Group launches its Green Cement Transformation project13 July 2022, Published under Cement NewsThe Hallett Group is breaking into Australia’s cement sector by building a AUD125m (US$84.3m) cement plant in Port Augusta to supply green cement. The project has been funded AUD20m by the federal government of Australia. The building and construction materials supplier will use slag from the Nyrstar Port Pirie smelter and the Liberty Whyaller Steelworks. It will have a separate important and export distribution facility at Port Adelaide. Fly ash will also be supplied by the former Port Aug... |
FLSmidth wins Gladstone Ports Corp's shiploader order17 March 2022, Published under Cement NewsFLSmidth has been awarded the contract to build Gladstone Ports Corp’s (GPC) new shiploader 1 on site in Queensland, Australia. The contract also includes the decommissioning of the old shiploader, which will be carried out in a safe and sustainable manner. The deal has been booked in the 1Q22 and is valued at approximately DKK225m (US$33.2m). The new shiploader will replace GPC’s existing shiploader 1, which has loaded bulk material onto ships for 43 years. As part of the contract, FL... |