Displaying items by tag: Australia

Australia/Bangladesh: Australian Bauxite has negotiated a letter of intent with Bangladesh’s Aziz Group. As part of the agreement it will use Aziz Group as its agent to market cement-grade bauxite in the country. The deal will also see Australian Bauxite supply chemical-grade bauxite to Aziz Group for the manufacture of polyaluminum chloride to be used in the treatment of industrial waste water.

"There is a real opportunity for our well established trading and manufacturing relationships to be of significant support in the marketing of this specialised Australian Bauxite cement-grade bauxite. We look forward to jointly developing a good market base for real supply opportunities,” said Johnny Chowdhury, the chief executive officer (CEO) of Aziz Group

Australian Bauxite operates a bauxite mine in Tasmania. It also holds mining tenements in Queensland, New South Wales and Tasmania for future development.

Australia: Boral has appointed Kathryn Fagg as chairman with effect from 1 July 2018. It follows the resignation of Brian Clark as chairman and a non-executive director due to health reasons. Clark has been a director of the company since 2007 and was elected chairman in late 2015.

Fagg, who joined the board in 2014, holds more than 25 years of executive and management experience across a range of industries in Australia and Asia, including steel based building products at BlueScope Steel, transport and logistics at Linfox Logistics Group, banking at ANZ and professional consulting services at McKinsey & Co.

Fagg commenced her professional career as a chemical engineer with Esso Australia, now Exxon Mobil. She holds a number of board positions, including as a non-executive director of Incitec Pivot and a non-executive director of Djerriwarrh Investments. She is the current president of Chief Executive Women and only recently completed a five year term as a director of the Reserve Bank of Australia.

Boral has also appointed Peter Alexander as its first North American-based non-executive director, with effect from 1 September 2018. Alexander has spent eight years as the chief executive officer (CEO) of Building Materials Holding Corporation and then the merged company BMC. He was president and CEO of ORCO Construction Distribution from 2005 to 2009 and was managing partner of KinderOaks Business Services from 2002 to 2005. He holds a BA from the Ohio State University and an MBA from the Pennsylvania State University.

Australia: Martin Brydon plans to retire from Adelaide Brighton. No time scale has been specified but he intends to remain with the business while its finds a successor for him.

Brydon, aged 62 years, has been in post since 2014. He holds over 30 years of experience in the construction materials industry ranging from electrical engineering, operational and general management, sales and marketing and strategy and business development.

Others executive changes at the building materials producer include the appointment of Zlatko Todorcevski as chairman of the board. He succeeds Leslie Hosking, who has decided to retire. Todorcevski, aged 50 years, has been a non-executive director since March 2017 and he was named chairman elect in February 2018. A training accountant he holds 30 years experience in the oil and gas, logistics and manufacturing sectors gained in Australia and overseas with a background in finance, strategy and planning.

Graeme Pettigrew has also retired as a non-executive director of Adelaide Brighton after 14 years of service at the company. He had been a non-executive director since 2004. The former chief executive officer of CSR Building Products held experience in the building materials industry in South East Asia and the UK through former roles as the managing director of Chubb Australia and Wormald Security Australia.

Australia: Adelaide Brighton has signed a deal with BHP Billiton for the continuation of supply of cement and lime to BHP’s Olympic Dam mine in South Australia. The new contract maintains and extends the long-term relationship between subsidiaries of the companies. It is expected this relationship will continue for a number of years.

Australia: Adelaide Brighton has publicly dismissed media speculation about its alleged plans to purchase Barro Group. The building materials producer said that whilst it had proposed transaction plans to Barro at ‘various times’ no agreement has been reached on any such deal.
Analysts at the investment bank Citi said that Adelaide Brighton’s management were keen to buy the US$384m cement business owned by its major shareholder, the Barro Group, according to the Australian newspaper. However, the analysts said they believed the complex shareholding structure could pose problems.

Australia: FCT Combustion plans to launch its Turbu-Flex burner in April 2018. The pyro-processing engineering company says that the product will enable operators to switch between different fuels and optimise for each with the one burner. Switching between alternative and refuse derived fuels is intended to allow cement and other industrial plants to lower fuel costs and improve kiln performance. The burner also offers reduced maintenance, as it no moving parts are needed to change the air supply.

“We’ve now proven the burner’s benefits and ease of use in the field. Under testing for almost one year, and operating with over 80% fuel replacement using refuse-derived fuel (RDF), the results are very pleasing for the plant operator and FCT,” said Con Manias, the Managing Director of FCT International. He added that the company also focused on building its footprint in South East Asia.

The company says that it has projects running in six continents due to a ‘surge’ in burner orders. FCT Combustion is currently working on projects in the US, Canada, Brazil, Ecuador, Poland, France, Egypt, Belgium, Italy, China, Thailand, Malaysia, Algeria, Oman, Belgium, France, Ukraine, Turkey and Australia.

Australia: The New South Wales Environment Protection Authority (EPA) has fined Port Kembla Milling’s cement and slag grinding plant US$23,000 for allegedly storing raw materials in the open, in breach of its licence conditions. Raw materials, including gypsum and limestone, were allegedly stored in the open at the subsidiary of Cement Australia on at least five occasions since January 2016 in breach of the site’s planning approval and licence conditions. Such materials should be stored in an enclosed location to prevent dust emissions.

“The requirement to store materials in an enclosed building is a key way to ensure dust emissions from bulk materials are prevented. A measure that is very important given the residential areas near Port Kembla port,” said EPA Regional Director Metropolitan Giselle Howard.

In addition to the fines, the EPA has also required Port Kembla Milling to complete an independent raw materials handling audit to confirm appropriate storage and management systems are put in place. The company has made some initial steps to respond to this request, and the EPA will continue to work with the licensee to ensure full compliance.

Australia: Adelaide Brighton is reportedly considering buying the cement business of Barro Group for around US$387m. Barro Group is a major stockholder in Adelaide Brighton that recently increased its stake to 40%, according to the Australian newspaper. The increase in its stake has generated speculation about the relationship between the two companies.

Barro Group operates Independent Cement and Lime (ICL), a joint venture with Adelaide Brighton and Barro. ICL is a specialist supplier of cement and cement blended products throughout Victoria and New South Whales and is also the exclusive distributor of cement for Adelaide Brighton.

Australia: Adelaide Brighton’s revenue rose by 11.7% to US$1.22bn in 2017 from US$1.09bn. The building materials producer said that the boost, although aided by acquisitions in 2017, was due to ‘strong’ demand in east coast markets, improving demand in South Australia and stabilising demand in Western Australia. However, its net profit after tax fell by 2.2% to US$142m from US$145m. It blamed this on one off provisions, acquisition costs and restructuring expenses.

For its cement business, the company said that cement and clinker sales volume rose by 9% in 2017, assisted by a ‘particularly’ strong second half. Strong volume growth continued in 2017 in Queensland, Victoria and New South Wales.
Sales volumes in Western Australia and Northern Territory declined in the first half but stabilised in the second half to be modestly lower for the year. Cement sales in South Australia improved, supported by the ramp-up of major infrastructure projects in the second half.

The cement producer also reported that in April 2017 its Birkenhead plant experienced a temporary issue with the quality of cement that incurred rectification costs of US$2.8m during the first half of the year. The quality issue arose due to lower grade feed making its way into the cement milling process. Fixes to inventory management and quality processes were made to address the issue and production and quality returned to normal shortly after the incident.

Australia: Beyond Zero Emissions (BZE) and the Infrastructure Sustainability Council of Australia (ISCA) are working together to encourage the use of low carbon cements in infrastructure projects. This follows ISCA’s Infrastructure Sustainability (IS) rating scheme and the release of the BZE Rethinking Cement report that presents a roadmap on how Australia could develop the world’s first zero carbon cement industry.

ISCA’s Infrastructure Sustainability Rating scheme will introduce two new incentives aligned with BZE’s approach: a new Innovation Challenge will encourage greater use of low-carbon content within Portland cement; and an updated Infrastructure Sustainability Materials Calculator for ISv2.0 will award points for the use of geopolymers. ISCA already rewards projects for replacing a proportion of Portland cement clinker with alternatives such as fly ash. Their analysis indicates that IS rated projects have achieved an average of 21 - 25% Portland replacement.