Displaying items by tag: Australia
Australia: Sunstate Cement is set to start using new packaging equipment from Haver & Boecker at its Port of Brisbane cement grinding plant in November 2016. It has installed a Roto-Packer Adams 4 for its packaging machine, Ibau storage technology for its drymix mixer, a Newtec palletising system and a stretch hood machine made by Lachenmeier. The decision to install the new packaging line follows a switch to polyethylene (PE) bags.
“With the uptrend of the Do-It-Yourself market in Australia, the attractive and clean design of PE packaging will provide a competitive advantage to drymix manufacturers,” said Alan Arbotante, Area Sales Manager for Packaging Technology at Haver & Boecker Australia.
Adelaide Brighton warns of lower profit in 2016
31 August 2016Australia: Adelaide Brighton has said its annual net profit is likely to fall in 2016 compared to 2015, mainly on the back of lower income from property deals. However, its management has offered an otherwise bullish outlook, with price rises looming for several key products.
Adelaide Brighton said it expects net profit for 2016 to be US$143-150m. The top end of the range would represent a 3.8% decline year-on-year. It reported that annual sales volumes of cement and clinker were likely to be below 2015 levels, but volumes of premixed concrete, aggregates and concrete products would be significantly higher than a year earlier.
For the first half of 2016, Adelaide Brighton reported a net profit of US$57.8m, a 6.7% decrease compared to the same period of 2015. After stripping out the impact of property transactions, the company's earnings were 7.8% higher year-on-year.
Boral’s profit rises by 8% to US$204m
25 August 2016Australia: Boral’s profit after tax has risen by 8% year-on-year to US$204m in its financial year which ended on 30 June 2016 from US$190m in the previous year. Its sales revenue fell, by 2% to US$3.28bn, but revenue from continuing operations rose slightly. Revenue from continuing operations benefitted from stronger residential activity in Australia and the US, which offset the decline in resource-based and other major project activity. The company’s earnings before interest and tax (EBIT) also rose due to operational cost improvements, lower fuel costs and some pricing gains.
“We have continued to improve our performance across our businesses in line with our strategy, managing our portfolio more efficiently and maintaining a strong balance sheet,” said CEO and managing director Mike Kane. “The continued growth in Boral’s earnings demonstrates the great work that has been done to improve our cost base, grow margins, and efficiently supply market demand, which continues to be strong in Australia and Asia, and is growing in the US.”
The group’s revenue from its cement business grew by 3% to US$231m due to a 6% increase in cement volumes due to stronger activity in New South Wales and 2% higher average prices, partially offset by lower wholesale clinker volumes due to kiln availability. Earnings also grew with cost improvement initiatives, including improved utilisation of assets and sourcing of lower cost raw materials and energy.
Australia: Australian Bauxite has completed its second and largest shipment of cement-grade bauxite, comprising 35,913t, from its Bald Hill mine.
“We have now demonstrated to all our customers that we can load and ship large tonnage cargos of bauxite very efficiently from Bell Bay Port. It also demonstrates that our stockpiles of bauxite performs very well, having withstood the recent major floods in northern Tasmania, without degrading. This is another landmark step for the company,” said Australian Bauxite’s Chief Operating Officer, Leon Hawker.
The mining company intends to sell its bauxite products into three main markets including cement-grade bauxite for the production of high specification cement. It re-opened its Bald Hill Bauxite Project at Campbell Town in northern Tasmania in early August 2016 ahead of the scheduled date.
Australia: Adelaide Brighton says it has prepared for an acquisition of the operations of LafargeHolcim in Australia and New Zealand. Chief executive Martin Brydon confirmed the plans to The Australian newspaper. He added that the plan includes measures to cope with competition issues that could arise from the takeover. However, Brydon admitted that LafargeHolcim has not declared if it is actually selling its assets in the region.
Australia: The Australian Competition and Consumer Commission (ACCC) has filed an appeal against a US$12.6m fine against Cement Australia, which it views is too low. On 16 May 2016 a Federal Court published orders imposing a penalty of US$13.7m on the cement producer. One order was then set aside, reducing the fine to US$12.6m. However, the ACCC contends that a penalty of over US$66m is more appropriate for the breaches of Australia’s competition legislation.
“The ACCC will argue to the Full Court that the penalties imposed on Cement Australia are manifestly inadequate, and not of appropriate deterrent value,” said ACCC Chairman Rod Sims. He added that suitable financial penalties were considered ‘essential’ as a deterrent to anti-competitive conduct and to prevent businesses viewing such behaviour as an acceptable cost of doing business.
The proceedings relate to contracts that were entered into by Cement Australia companies between 2002 and 2006 with four power stations in South East Queensland, to acquire fly ash. The court found numerous contraventions of the Competition and Consumer Act 2010. It also fined Christopher White, a manager in the Cement Australia fly ash business during the relevant period, a penalty of US$14,700 for his involvement in making the contravening contracts with the operator of the Swanbank power station in 2005.
Indonesia: Holcim Indonesia plans to focus its exports of cement towards Australia, Sri Lanka and Bangladesh in 2016 amidst unstable demand at home. Holcim Indonesia’s chief financial officer Mark Schmidt emphasised the company’s increasing desire to export more whilst not mentioning any specific export sales targets in comments that were reported by the Jakarta Post.
Gary Schutz, the president-director of Holcim Indonesia, reinforced the importance of government spending plants towards meeting the country’s cement demand in a press release published after the company’s May 2016 annual general meeting. “We are concerned that government spending plans – especially those for infrastructure – should be realised on time and in full this year. Infrastructure alongside housing development are both vital catalysts in achieving planned growth rates for the economy. It is equally important in order that Indonesia stays competitive with in the Association of Southeast Asian Nations (ASEAN) Economic Community.”
The Indonesian subsidiary of LafargeHolcim increased its cement production capacity to 15Mt/yr from 11Mt/yr after acquiring Lafarge Cement Indonesia and starting operations at the Tuban II plant in East Java.
Australia: Martin Brydon, the chief executive officer of Adelaide Brighton, has said that the company’s cement and clinker sales volumes in 2016 will be similar or slightly lower than in 2015. He made the comments at the building materials company’s annual general meeting.
Cement and clinker markets were reported to be stronger in South Australia, New South Wales, Victoria and Queensland; and weaker in Western Australia and the Northern Territory. Adelaide Brighton’s cement sales are expected to improve in east coast markets. Cement sales generated 47% of Adelaide Brighton's revenue in 2015.
Adelaide Brighton has raised prices across all products in 2016 due to strong demand and raised costs of imports due to a weaker Australian dollar.
Australia: Australian Bauxite has completed its first 5560t shipment of cement-grade bauxite from Bell Bay Port in Tasmania. The shipment is the first from Australian Bauxite’s Bald Hill mine, the first new bauxite project in Australia for more than 35 years. The unnamed customer is preparing for a second shipment of 30,000 – 40,000t to be completed by the end of June 2016. The sales mark a change of direction by Australian Bauxite away from alumina refineries towards specialist cements and fertilisers.
Vortex appoints Brolton as agent in Australia
07 April 2016Australia: Vortex Global Limited, a European solids and bulk handling components company, has appointed Brolton Group as its exclusive agent in Australia. Brolton Group also serves as an agent to Coperion, Sturtevant and Whitwick.
"Brolton has extensive experience in the material handling and mineral processing industries," says Laurence Millington, Vortex Director of International Business. "Our slide gates and diverter valves are quite complementary to the other companies that Brolton represents.”
Brolton Group provides process automation and industrial engineering services, such as general, mechanical, civil and construction engineering, for heavy industry, fast-moving consumer goods and broader manufacturing. Brolton Group is also a systems integrators for brands such as Rockwell Automation, Pilz and Sick.