By Peter Roberts Building products group Brickworks has announced the retirement of its long serving Managing Director Lindsay Partridge (pictured). Partridge, who is to be replaced by COO Mark Ellenor, is one of the country’s best respected and most successful manufacturing leaders. A ceramic engineer by training, he worked his way to the top job…
Independent directors of building products group Boral have delivered a rare rejection of a takeover by a predator, recommending against the takeover of the company by Seven Group Holdings. While directors frequently wave through takeovers that deliver immediate profits to shareholders, the Boral Bid Response Committee (BRC) has recommended rejecting the bid from Kerry Stokes-owned…
Industrial technology company Calix has announced a new site for its Leilac-2 cement plant, which is commercialising new kiln technology enabling the capture of CO2 in process gases in the manufacture of cement and lime. The plant, supported by the EU, was forced to relocate from its original planned site at a HidelbergCement’s operational plant…
Seven Group Holdings (SGH) has made a $1.2 billion offer to move to full ownership of building products group Boral, adding to the Perth company’s diverse group of media and industrial companies. SGH currently holds 71.6 percent of Boral, with the offer pitched at 0.1116 SGH shares and $1.50 cash per Boral share – an…
Building materials suppliers James Hardie Industries and Boral have both reported bumper results this week, including volume and margin growth, as companies learned to live with uncertain economic times. Hardies, listed in Australia and New York but with executives based in Chicago, Illinois, reported first quarter FY24 results including record global earnings before interest and…
Building products group Boral is close to the culmination of a major effort at the site of the new Western Sydney International Airport (WSI) now under construction. According to the company it ‘is in the thick of assembling (the) mobile asphalt plant’ which will be responsible for the airside surfaces at the airport at the…
Building and construction products manufacturer Boral has taken part in the largest crumbed rubber asphalt demonstration project in Australia, providing 2,000 tonnes of pavement material in addition to 1,200 tonnes of controlled asphalt mix to be paved across eight local Sydney council streets. Comprising recycled rubber from end-of-life car and truck tyres, crumbed rubber asphalt…
