Building products manufacturer and investment company Brickworks has posted a Statutory Net Loss After Tax of $119 million for the year ended 31 July 2024. The Underlying Profit After Tax from continuing operations was $61 million, while group Underlying Earnings Before Interest, Tax, Depreciation and Amortisation (‘EBITDA’) was $157 million. Earnings were adversely impacted by…
VSUN Energy’s new appointments speed adoption of vanadium flow batteries Australian Vanadium (AVL) has welcomed Steve Banning as Principal Advisor and Dr Yifeng Li as Product Development Manager for its 100 percent owned subsidiary, vanadium flow battery (VFB) manufacturer VSUN Energy. These appointments are pivotal to unlocking AVL’s ambition to accelerate the uptake of VFBs…
Timber products group Big River Industries has broadened its interests in decorative and functional panels with the purchase of Brisbane based Specialised Laminators Qld (SLQ). The NSW manufacturer is a full spectrum timber building and construction product manufacturer from procurement of raw materials through to sale of finished products to end users. It two factories…
By Ehsan Noroozinejad, Western Sydney University and Parisa Ziaesaeidi, Western Sydney University The world faces an increasing shortage of housing and an escalating climate emergency. These urgent global issues call for quick action and innovative solutions. The numbers show us how stark things are. Construction activities and building operations produce more than 40% of the…
Diversified building products manufacturer Brickworks believes Australia is on the cusp of a significant building boom, notwithstanding some softness in its markets in the short term. The company, which is also involved in property development, investment activities and brick manufacture in the United States, told its annual general meeting that it was navigating a number…
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…
First Graphene has announced commencement of trials using the company’s graphene in cement and concrete at the Breedon Group’s Hope Cement Works at Derbyshire in the United Kingdom. The trials aim to build on smaller-scale trials with an accredited concrete processing laboratory in the UK, which First Graphene said “generated positive results”, and to further…
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…
