Cement News tagged under: Australia
Adelaide Brighton downstream acquisitions, Australia07 August 2014, Published under Cement NewsAdelaide Brighton Ltd has acquired two integrated aggregates and readymix concrete businesses, one in South Australia and the second in Queensland, progressing its long-term vertical integration strategy of buying downstream construction materials businesses. In South Australia, in addition to the recently announced Penrice quarry acquisition, Adelaide Brighton has entered into a contract to purchase Direct Mix Concrete and Southern Quarries (DMC), the largest independent aggregates and... |
Adelaide Brighton acquires Penrice quarry, Australia29 July 2014, Published under Cement NewsAdelaide Brighton has acquired the Penrice limestone quarry in Angaston for an undisclosed price. The quarry, which had been placed into voluntary administration in April, will now become a key raw materials supplier to Adelaide Brighton’s lime and cement plant in Angaston. “The quarry acquisition represents a strong strategic fit for Adelaide Brighton by securing a high quality marble deposit for the supply of raw material to the company’s Angaston plant for lime and off-white cement man... |
Australia: Boral accuses union of blackmail10 July 2014, Published under Cement NewsBoral's chief executive has gone on the offensive accusing the construction union of blackmail, a criminal conspiracy and an unlawful boycott of the company over the past 18 months. Mike Kane, Boral CEO, told the Royal Commission into trade unions that, despite getting an injunction against the Construction, Forestry, Mining and Energy Union (CFMEU), Boral has been frozen out of construction work in Melbourne. Now the dispute is being played out in the Royal Commission into Trade Union Gov... |
Australia: calls for Adelaide Brighton Cement licence review07 July 2014, Published under Cement NewsAdelaide Brighton's Birkenhead cement plant is coming under pressure for tighter regulation on its environmental performance. Greens leader, Mark Parnell, says data provided by Adelaide Brighton to the National Pollutant Inventory shows big rises in emissions of oxides and dust. Mr Parnell said its emissions of sulphur dioxide alone have nearly trebled since 2009-10, according to a report on ABC News. This has prompted calls for the cement company to have its licence reviewed before it ex... |
Boral to cut 28 jobs as Maldon prepares to cease clinker production, Australia20 June 2014, Published under Cement NewsBoral is to axe up to 28 jobs as the Australia-based producer ceases clinker production at its Maldon works as of 31 December. Ross Harper, executive general manager of Boral Cement, said a decline in demand for off-white clinker, which forms the basis of a range of specialty cement products, was behind the decision. “Unfortunately demand has declined sharply as consumers switch to products made from imported ‘white’ clinker. “This decline has coincided with a downturn in demand, ... |
ICL cancels planned project, Australia03 June 2014, Published under Cement NewsIndependent Cement and Lime (ICL) has scrapped plans to build a cement storage and distribution plant in New South Wales, Australia, amid market and economic uncertainty. Last year, ICL received approval to build the facility on a section of the former BHP steelworks site at Mayfield at the Port of Newcastle. However, ICL has now told port officials it no longer plans to proceed as the A$37m project is no longer viable. A spokesperson for ICL said market circumstances and economic condi... |
Cockburn reduces Munster workforce, Australia27 February 2014, Published under Cement NewsCockburn Cement has cut 44 jobs at its Munster cement plant in Australia and indicated that another 20 further jobs could go over the next 18 months as it restructures its operations. WA Business News reported that the move comes as Cockburn Cement plans to import clinker to grind at its Munster and Kwinana facilities. By 2016, all of the 0.4Mta of clinker previously produced at Muster will be replaced by imports, the report stated. The lime kiln facilities will remain operational follow... |
Boral sharply improves net profit12 February 2014, Published under Cement NewsBoral reported that turnover for the six months to the end of December was ahead by 3.6 per cent to AUD2874m (EUR1894m) and EBITDA rose by 16.3 per cent to AUD307m (EUR202m). The trading profit advanced by some 49 per cent to AUD168m (EUR111m) and after a net interest charge six per cent lower at AUD47m (EUR31m) and a higher tax charge, the net attributable profit before exceptional items emerged some 73 per cent ahead at AUD90m (EUR59m). Net debt at the end of December was 7.4 per... |
Adelaide Brighton CEO to retire, Australia18 December 2013, Published under Cement NewsMark Chellew, managing director and CEO of Adelaide Brighton, is to retire following the company's AGM in May 2014 and be replaced by Martin Brydon, Adelaide Brighton’s current executive general manager Cement and Lime division. Chairman, Mr Les Hosking, paid tribute to Mr. Chellew, saying: "Over nearly 13 years in charge of Adelaide Brighton, Mark has been one of the most successful ASX listed company Chief Executives and generated significant value for our shareholders. “This is reflecte... |
Australia: Kandos Cement plant set to be dismantled13 December 2013, Published under Cement NewsAn application to demolish parts of the Kandos Cement Works will be considered at Mid-Western Regional Council’s meeting next Wednesday. The demolition would allow for the future use of the site, although some structures are said to have significant historic and cultural importance for the town. Cement Australia has submitted the application to demolish some structures, gut and fill voids below surface level, remove waste at the cement works site at Jamison Street, which closed in 2011. T... |