Cement News tagged under: Australasia

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Cement production falls 29% in Fiji

01 July 2020, Published under Cement News

In the Reserve Bank of Fiji’s economic review for June 2020, it has found domestic cement production to have fallen 28.7 per cent YoY in the 5M20. The results have been largely attributed to weak demand. Cumulative domestic cement sales also declined 18.8 per cent YoY in the year up to May 2020.

Boral appoints new CEO/MD

15 June 2020, Published under Cement News

Australia-based Boral Ltd has appointed Zlatko Todorcevski as its new CEO and managing director, effective 1 July 2020. He succeeds Mike Kane, who will retire from Boral in September 2020. Mr Todorcevski has 30 years of experience in Australia and internationally in steel building products, oil and gas, and logistics, working in finance, business planning and strategy roles, including as chief financial officer of Brambles Ltd from 2012 to 2016 and Oil Search from 2009 to 2012. This foll...

New Zealand's concrete sector on track for CO2 reduction target

11 June 2020, Published under Cement News

Concrete New Zealand has reported that a sustainability study by Australia-based independent consultants Thinkstep has confirmed that New Zealand's cement and concrete industry is on track to meet climate change commitments as made under the Paris Agreement. Thinkstep's report states that the New Zealand concrete sector is half way to its goal of 30 per cent reduction in CO 2 emissions by 2030, having cut CO 2 emissions from cement production by 15 per cent between 2005-18. Rob Gaimster, ...

Boral wins Wagners supply case

04 June 2020, Published under Cement News

Wagners will make less money from selling cement to Boral, its biggest customer, in future after a court ruled the Queensland construction group must match lower prices of rivals. Justice Bond at the Queensland Supreme Court found that the notice sent by Boral to Wagners that it could buy cement cheaper from Cement Australia was "a valid and effcitive notice." After Boral bought the Queensland group's construction materials business in 2011, it signed a "take or pay" that required it to k...

Boral announces new measures to control inventory levels

18 May 2020, Published under Cement News

The chief executive of Australia’s Boral Ltd, Mike Kane, has commented on the reduction of new orders in the Australian and US construction industries, and also announced new measures to stop the build-up of inventory levels in this environment. The company will now close its Berrima cement kiln in New South Wales (NSW) for three weeks in June, as Mr Kane noted it was not possible to run a kiln at partial strength. "You need to turn the kiln on or off,'' he said. The company is now exp...