Cement News tagged under: Australia
Beyond Zero Emissions plans CO2 neutral Australian cement sector27 February 2018, Published under Cement NewsBeyond Zero Emissions (BZE) has set a plan for Australia’s cement industry to reach zero carbon emissions by the next decade. The Zero Carbon Industry plan ‘Rethinking Cement’ foresees a five point strategy to this goal with the biggest reduction coming from a switch to geopolymer cements. The organisation believes that some 50 per cent of the domestic cement market could be replaced by geopolymer cements made from reacting a solid aluminosilicate material with an alkaline solution. A seco... |
Adelaide Brighton reports equipment issues14 February 2018, Published under Cement NewsAdelaide Brighton Cement has reported issues with manufacturing equipment at its Birkenhead plant. Large plumes of dust were spotted leaving the chimney of the facility last Sunday, according to Westside Weekly. "I could see the plume rising into the air and spreading over residential areas from 10km away," said Tony Bazeley, member of the Port Adelaide Residents Environment Protection Group. As a result, the company alerted the Environment Protection Agency (EPA). A spokeswoman for t... |
Boral reports strong 1H performance13 February 2018, Published under Cement NewsBoral's turnover for the six months to the end of December jumped by 40.3 per cent to AUD2937m (EUR1868m/US$2312m), helped by the acquisition of the Headwaters business in North America and by a strong performance from Boral Australia. EBITDA advanced by 50.1 per cent to AUD500m (EUR318m) while the trading profit increased by 49.8 per cent to AUD316m (EUR201m). After a net interest charge 85.23 per cent higher at AUD50m (EUR31.8m) the pretax profit improved by 44.6 per cent to AUD266m (E... |
HeidelbergCement02 February 2018, Published under Cement NewsHanson Holdings Australia, a wholly-owned subsidiary of HeidelbergCement, has acquired Alex Fraser Group from Swire Investments for around EUR135m. Alex Fraser is a leading producer of recycled building materials with three production units in Melbourne and two in Brisbane as well as two asphalt plants in Melbourne. Including synegy benefits, estimated at around EUR3m, Alex Fraser expects an EBITDA of some GBP20m in 2018. |
Wagners' share price rises 25% on first day11 December 2017, Published under Cement NewsWagners had a successful opening day on the Australian Securities Exchange with shares rising by 25 per cent, according to SBS News. The new listing now has a market value of AUD549m (US$412m). Wagners is the largest independent cement manufacturer and supplier in southeast Queensland, with approximately one third of the market. The company has 450 domestic and international customers. |
Adelaide Brighton awards power contract to Infigen28 November 2017, Published under Cement NewsAustralia’s Adelaide Brighton has awarded Infigen Energy’s Lake Bonney wind farm the contract to supply power to two cement plants north of Adelaide and a quarry on Yorke Peninsula. The deal is understood to extend over five years and involve a larger volume of power than the 88GWh transaction signed last week with Pacific Hydro by 14 firms, cities and municipal agency, reports the Australian Financial Review. The Adelaide Brighton deal will involve supply from Infigen's existing port... |
Adelaide Brighton investigates AUD$14m underpayments to customers14 November 2017, Published under Cement NewsAdelaide Brighton announced on Monday that "it has identified certain financial discrepancies which relate to transactions under which a small number of customers may have underpaid for product supplied to them." The company is investigating the matter fully, including the possible involvement of an employee of the company, with the assistance of forensic accountants KPMG. Adelaide Brighton believes there may have been deliberately hidden underpayments by customers over a sustained period... |
Boral to set up new clinker grinding facility23 October 2017, Published under Cement NewsAn application for a new clinker grinding facility at North Shore, Geelong, in Australia's state of Victoria, has been approved by the Environmental Protection Agency (EPA). Boral Cement made an application for the 24h facility in July, which will have an output of 1.3Mta of cement. Boral’s application said clinker would be unloaded from ships and delivered to the site via covered belt conveyors from Lascelles Wharf. Following processing, finished product would be transported to Victoria v... |
Cement Australia to pay an extra US$16.1m over fly ash competition case05 October 2017, Published under Cement NewsThe Australian Competition and Consumer Commission (ACCC) has failed to win a substantial increase in the penalty awarded against Cement Australia for breaching the competition rules over the purchase of fly ash in Queensland. However, the competition regulator did win a technical argument over who is liable for payment of the fine in the case of jointly-owned companies. Cement Australia is owned by global giants Hanson and Holcim and the case centred on contracts to buy fly-ash from th... |
Birkenhead residents call for stricter environmental licence for Adelaide Brighton28 September 2017, Published under Cement NewsAustralia's Environmental Protection Authority (EPA) is reviewing Adelaide Brighton Cement’s current licence, which expires at the end of October. Port Adelaide Residents’ Environment Protection Group wants stricter controls on dust and noise levels coming from the plant. A local environment group ius also advocating that Adelaide Brighton Cement should help pay for cleaning dust from property within 800m of its Birkenhead factory. The environmental group's president, Tony... |