building products

Building materials company James Hardie is on track to deliver a higher annual profit as forecast in spite of uncertainty in the US housing market.

Building materials company James Hardie has delivered a first-half net operating profit of $268 million, a rise of 22 per cent from the corresponding period last year.

Paint maker DuluxGroup has reported net profit of $112.8m for the 12 months to 30 September, an increase of 7.9 per cent over the previous year’s result.

Building products group Boral says it improved its performance during the September quarter and expects to continue to grow through the current financial year.

Building product manufacturer Borg Panels has been fined $15,000 by the NSW Environment Protection Authority for breaching an air quality limit at its wood processing plant in Oberon.

Brickworks Chief Financial Officer Alex Payne will retire next year after over 30 years with the company, the past 12 years of which he was Chief Financial Officer.

Brickworks has announced a 24 per cent drop net profit but is expecting strong growth in 2016 as construction continues to grow in major cities.

Building products group Boral is suing the CFMEU for $20.7m over a black ban the union ran in 2013 and 2014.

Australian-based buildings material maker Adelaide Brighton has posted statutory net profit after tax of $82.6 million for the six months to 30 June 2015.

Queensland-based building fitting and fixture supplier GWA Group today posted a net loss of $16.2m for the year ended 30 June 2015. .

The federal government’s anti-asbestos agency has told a senate inquiry that there was no guarantee all buildings constructed after 2003 were free of the substance.

Dubai has announced that it will build a 3D printed office space for workers at its Museum of The Future.

Gladstone Ports Corporation has approved construction on a new, $70 million Knauf Plasterboard factory at Bundaberg Port.

Glass processor Metro Performance Glass opened a NZD $21.5m ($20m) factory, which it says is the most modern of its type in Australasia, in Auckland yesterday.

Carter Holt Harvey has delayed its plans for an IPO and to list on the Australian and New Zealand stock exchanges until the third or fourth quarter of this year.

A new Training Centre at the University of Melbourne aims to increase to share of prefabricated housing from 3 to 10 per cent of the construction sector.

Multi-disciplinary research will go ahead on creating a sustainable, 3D printed “Microtimber” out of forestry and agricultural waste, including macadamia nut shells.

Construction materials group Adelaide Brighton says it expects a slight improvement on sales this year in the areas of clinker, cement and lime.

Building products maker CSR has posted a net profit of $125.5 million for the 12 months to March 31, an increase of 43 per cent.

​Industry lobby group Manufacturing Australia has cautioned against Australia setting ambitious long-term greenhouse emission reduction targets.