Cement News tagged under: Australia
Cockburn Cement awards contract to SIMPEC16 August 2023, Published under Cement NewsCockburn Cement , a subsidiary of Adbri , has awarded Australian construction firm SIMPEC with the contract for the expansion of its Kwinana cement plant. The contract is valued at AUD105m (US$68m) with the total value of the expansion project put at AUD420m, and includes two 100tph grinding units, a 110,000t raw materials store, and a reclamation system. “This new contract demonstrates the company's track record of delivering for its clients. We are very pleased to secure this work an... |
Boral reports 17% YoY jump in revenue in FY2314 August 2023, Published under Cement NewsAustralia-based Boral has reported a 17 per cent YoY increase in revenue to AUD3460.6m (US$2267m) in the fiscal year ended 30 June 2023 (FY23). EBITDA over the same period advanced 38 per cent to AUD454.4m, while the EBITDA margin improved 196bps to 13.1 per cent. Boral’s underlying net profit after tax came in at AUD142.7m, up 304.2 per cent YoY, with adjusted earnings per share of 12.9c, a YoY increase of 303.1 per cent. According to the company, the growth in revenue was driven by... |
thyssenKrupp Polysius carry out kiln modernisation for Australian client24 July 2023, Published under Cement NewsIn July 2023 thyssenKrupp Polysius’ Service Team in Asia-Pacific successfully completed the modernisation of a cement kiln for a client in Australia. The scope included the installation and commissioning of the kiln inlet with housing, orifice, kiln inlet shell and kiln sealing arrangement. The goal of this project is to increase the usage of alternative fuel (tyre chips and plastic from municipal waste) in the calciner, and ensure a stable and efficient kiln operation with an output o... |
Adbri names new CFO04 July 2023, Published under Cement NewsAdbri Ltd has appointed Jared Gashel as its new chief financial officer, effective 5 July 2023. Mr Gashel has more than 20 years’ financial experience in multiple industries working across three continents. Prior to joining Adbri, he was acting chief financial officer at Boral Ltd between April 2022 and March 2023 and previously held the position of executive general manager group finance and property at Boral. Prior to his time at Boral, Mr Gashel held multiple senior finance execut... |
Cement Australia extends use of battery electric vehicles31 May 2023, Published under Cement NewsCement Australia has been granted funding to lease 24 batteries and convert six diesel prime movers in its Melbourne fleet to electric drivetrain. Backed by the Commercial Sector Innovation Fund, Cement Australia will also install swap-out charging infrastructure with a minimum of three charging units, according to Prime Mover Magazine. The company will complete a trial/demonstration stage for 12 months, which will include the testing and observation of performance of battery electric veh... |
James Hardie Industries posts record results17 May 2023, Published under Cement NewsJames Hardie Industries has announced record global net sales of US$3777.1m for the fiscal year 2023, ending 31 March 2023, up four per cent YoY. Adjusted EBIT over the same period declined four per cent to US$779.8m with the adjusted EBIT margin falling two percentage points to 20.6 per cent. Operating cash flow generation of US$607.6m in fiscal year 2023 was driven by profitable organic sales growth, partially offset by an increase in working capital. Working capital advanced by US$101.... |
Adbri raises cost of Kwinana project again28 April 2023, Published under Cement NewsAdbri Ltd has confirmed that its Kwinana upgrade has risen in cost once again as inflationary pressures continue to hamper the project. The total project cost is now estimated at AUD385-420m (US$254-278m). According to the company, this has been driven by the escalating cost of construction, constraints on available labour and supply chain challenges. Furthermore, as the final design details of the purchased equipment have now been completed, structural and piping quantities have ... |
Adbri appoints acting chief financial officer21 March 2023, Published under Cement NewsAdbri Ltd has appointed Dianne Mong to the role of acting chief financial officer, effective immediately. Ms Mong was previously general manager finance. She has been with Adbri since April 2022 and has more than 20 years’ experience across the professional services, property and telecommunications sectors, with expertise in financial control, taxation and treasury. During her time at Adbri, she has managed all areas of the group’s finance function. Ms Mong previously held senior fina... |
Cockburn Cement fined for odour breaches10 March 2023, Published under Cement NewsCockburn Cement Ltd (CCL) has been fined AUD290,000 (US$191,000) for odour breaches from its Munster cement plant, according to the Government of Western Australia. The company was charged with six counts of causing unreasonable odour between January and April 2019, contravening the Environmental Protection Act 1986. The company pleaded not guilty to the charges. According to the witnesses involved in the case, there was evidence that the odour could be detected up to 8km from the pl... |
FCT's latest equipment deliveries and commissioned projects06 March 2023, Published under Cement NewsFCT has recently completed a wide range of projects for the global cement industry for kiln burners and hit gas generators. Australasia FCT conducted a heat and mass balance of the 4200tpd cement kiln firing natural gas and alternative fuels at Adbri Ltd ’s Birkenhead cement plant , Australia. Europe A hot gas generator with accessories and control system has been commissioned by FCT at Cimenterie CBR , Lixhe, Belgium. The hot gas will be used to preheat raw material a... |