Cement News tagged under: Australia
Adbri successfully navigates challenging year03 March 2023, Published under Cement NewsAustralia-based Adbri released its 2022 financial results this week and reported a YoY revenue increase of 8.4 per cent to AUD1.7bn (US$1142m). While the building materials producer celebrated 140 years of being in business last year, it turned out to be one of the most challenging years for the company with inflationary pressures and wet weather events. However, Adbri's sustainability path progressed and it was linked to the company's Net Zero Emissions Roadmap (NZER) from May 2022, while i... |
Adbri reports 8% rise in revenue in 202228 February 2023, Published under Cement NewsAdbri has reported an 8.4 per cent YoY increase in revenue in 2022 to AUD1.7bn (US$1142m), driven by price increases and volume growth across most product lines. Statutory net profit after tax came in at AUD102.6m, down from AUD116.7m in the previous year, due to higher operating costs as a result of inflation, particularly energy costs and wet weather events. Capital expenditure in 2022 stood at AUD255.1m, up from AUD140.5m in the previous year, due to the spend on the Kwinana Upgrade p... |
Bedeschi opens Australian subsidiary17 February 2023, Published under Cement NewsBulk material handling specialist, Bedeschi has announced the opening of its new subsidiary in Australia. With its head office in Perth and satellite offices in Port Hedland and Brisbane, Bedeschi Australia Pty Ltd will effectively serve its customers in the mining, port and agricultural Industries with a very experienced and well-known team in the market. Uwe Zulehner will act as the CEO of the new subsidiary and is based in Perth. Over many decades, the Italian-based Bedeschi Group h... |
Boral reports 12% advance in revenue10 February 2023, Published under Cement NewsBoral has reported revenue of AUD1681.1m (US$1172.8m) in the six months ended 31 December 2022, marking a 12 per cent increase YoY. According to the company, this has been driven by higher volumes and prices. EBIT over the same period advanced by 15 per cent to AUD95.3m, while the EBIT margin was up 20bps to 5.7 per cent. Underlying net profit after tax (NPAT) grew by 53 per cent YoY to AUD56.8m, with adjusted earnings per share (EPS) coming in at 5.1 cents , up 50 per cent on the sam... |
Hallett Construction Materials awards ball mill grinding order03 February 2023, Published under Cement NewsAustralian construction materials supplier Hallett Construction Materials Pty Ltd has award the contract for a complete grinding circuit at its Port Augusta cement plant in South Australia to Christian Pfeiffer. The grinding system includes a 5.0m diameter x 16.25m ball mill and a QDK T 250-Z high-efficiency sepator as core equipment, along with auxiliary equipment and conveying systems. The grinding unit will produce 84tph slag cement that will be used for refilling of old mining stocks.... |
Adbri appoints new deputy chair and lead independent director30 January 2023, Published under Cement NewsAdbri Ltd has announced that its current independent non-executive director, Samantha Hogg, has been appointed deputy chair and lead independent director following the resignation of Dr Vanessa Guthrie AO. Ms Hogg’s appointment will be effective on 1 March 2023. Dr Guthrie AO is stepping down from the Adbri Board on 28 February 2023 to focus on other board commitments. Ms Hogg joined the Adbri Board in March 2022 and is an experienced director and former executive having held senior lead... |
First Graphene teams up with Suvo for low-carbon options10 January 2023, Published under Cement NewsFirst Graphene Ltd has entered into a joint development agreement (JDA) with Suvo Strategic Minerals to research and develop low-emission cement and concrete products. The agreement aims to investigate the potential for further improvements in CO 2 emission reductions by combining the already successful outcomes achieved from the addition of graphene to cement and concrete with Suvo’s metakaolin, the companies said in a statement. Metakaolin is a pozzolanic material derived from fine kao... |
Cement Australia signs Central Queensland decarbonisation cooperation agreement23 December 2022, Published under Cement NewsCement Australia is among the six partners to sign the Central Queensland Statement of Cooperation (SoC). The agreement has been formed to provide opportunities for businesses in the area to decarbonise their supply chains and for those wanting to invest directly in renewable energy sources. The SoC sets out the commitment of the State and Central Queensland stakeholders to work towards a common vision for the evolution of Central Queensland into a zero net emissions industrial and man... |
GCCA welcomes three new member companies12 December 2022, Published under Cement NewsThree more companies have joined the Global Cement and Concrete Association (GCCA), PT Souls Bangun Indonesia TBK , Fletcher Building Ltd and Norm Cement . By joining the GCCA they have demonstrated their commitment to reaching net zero by 2050, in line with the GCCA Industry Roadmap for Net Zero concrete. PT Souls Bangun Indonesia TBK operates four cement plants, producing about 14.8Mta of cement. Oepoyo Prakoso, corporate environment and sustainability manager from PT Solusi Bangu... |
Cement Australia installs KC8 CO2 capture technology09 December 2022, Published under Cement NewsAustralia-based KC8 Capture Technologies is installing a demonstration plant to capture CO2 at Cement Australia ’s plant in Gladstone , Queensland. KC8’s solvent-based carbon capture processes are capable of capturing up to 95 per cent of CO2 from heavy industry sources, such as cement plants, according to the company. Reported in Financial Review, the project is called PACER - Potassium Carbonate Absorption for Clinker Emissions Reduction - and is expected to be built by the second qu... |