Cement News tagged under: Australia
Boral's Australian cement turnover declines16 February 2017, Published under Cement NewsBoral's turnover for the six months to the end of December declined by 4.6 per cent to AUD2093m (EUR1497m), largely reflecting the transfer of US Bricks to joint venture status and the completion of two LNG projects as well as the decline in Western Australia. EBITDA improved by 3.5 per cent to AUD333m (EUR238m) while the trading profit advanced by 5.5 per cent to AUD211m (EUR151m). After a net interest charge 12.9 per cent lower at AUD27m (EUR19m) the pretax profit improved by 8.9 per ce... |
Australia: GECA cement and concrete standard announced08 February 2017, Published under Cement NewsGood Environmental Choice Australia (GECA) operates Australia’s only independent, not-for-profit, multi-sector ecolabelling programme and has released a new standard for cement, concrete and concrete products, and is now welcoming applications for certification. The standard covers three distinct sub categories – cement and supplementary cementitious materials (such as blended cements and alternative non-Portland cements), concrete (including ready-mix and concrete manufactured in tempora... |
Predict and avoid26 October 2016, Published under Cement NewsThe shutdown of mills due to breakdowns and maintenance results in major costs for cement producers. At Sunstate Cement, Australia, cost-efficient and easy-installed vibration monitoring technology helps to predict and avoid such costly mill stops. By Schaeffler Australia Pty Ltd, Australia. Use of the SmartCheck monitoring technology has helped to ensure optimum reliability of Sunstate Cement's tube mills With a cement capacity of over 1.5Mta, Australia’s Sunstate Cement Ltd ha... |
India: cement industry demand raises coal imports12 September 2016, Published under Cement NewsThe demand for coal with a high calorific value, primarily from the cement sector, combined with the doubling of clean environment cess has resulted in a shift in coal imports into India. Steam coal imports have been declining in the April-June 2016 quarter due to higher output of domestic mines, but the key shift relates to the origin of the imports. While Indonesia has accounted for the majority of coal imports, in the 1Q16-17 import growth of coal sourced from this Asian country has re... |
Australia: Adelaide Brighton sees power bill rise by US$2.2m01 September 2016, Published under Cement NewsThe price spike in July added around AUD3m (US$2.26m) to Adelaide Brighton's power bill, mainly attributed to operations at its Birkenhead plant. This surge in costs led the company to temporarily scale back its production and increase the use of imported product. Managing Director, Martin Brydon, commented on how the company had the capacity to turn off its grinding process at the times of high power prices but urged that continuing power prices needed to be addressed. The Council of ... |
Indonesia: Indocement cuts production by 1Mt10 August 2016, Published under Cement NewsPT Indocement Tunggal TBK will cease operations at two production lines at its Citeureup plant due to the national cement excess, resulting in a 1Mta drop in output levels. The fall in cement sales in the country resulted in Indocement seeing its domestic sales volume drop 3.7 per cent to 7.9Mt QoQ in 2Q16. However, exports for the company increased by 190,000t when compared to the same period last year. President Director of Indocement, Christian Kartawijaya, said, “we supply a lot of pr... |
Adelaide Brighton sees potential in US$2bn acquisition22 June 2016, Published under Cement NewsAdelaide Brighton Group says it has carried out detailed work on a potential US$2bn acquisition of the Australia and New Zealand operations of LafargeHolcim, including a plan to address competition issues. Martin Brydon, Adelaide Brighton's chief executive, confirmed that Adelaide Brighton had been working with its longstanding takeover defence adviser Credit Suisse and Blackpeak Capital. Mr Brydon said that while LafargeHolcim had still given no indication it was selling the Austral... |
Indonesia: Semen Indonesia looks to international markets21 June 2016, Published under Cement NewsAmid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesia, Rizkan Chandra has said that he wants to raise the company’s sales outside of Indonesia from 5.2 per cent of revenue in 2015 to 10-15 per cent over the next three years. In an interview Mr Chandra said operations may expand into Bangladesh, Sri Lanka and the Maldives, with operations already present in Vietnam. ... |
Australia: competition body seeks higher Cement Australia fine07 June 2016, Published under Cement NewsThe Australian Competition and Consumer Commission (ACCC) has appealed against a court ruling imposing fines of AUD18.6m (US$14m) on Cement Australia, one fifth of the level the ACCC had asked for. In September 2013 Cement Australia was found guilty of conspiring to prevent competition in the concrete market when it entered into contracts with power stations in southeast Queensland to acquire fly ash. On 29 April 2016, Australia’s Federal Court levied a fine of AUD18.6m on the company ... |
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 ... |