CSR has announced a 13 per cent increase in net profit and predicts that new home building activity will continue to drive growth. AAP reports that profits were $142.3 million for the year ending March 31, and revenue up 14 per cent to $2.3 billion. It was the best result since the divestment of CSR’s … Continue reading CSR profit up on housing construction strength
An interim senate report tabled last night included concerns about law enforcement agencies being able to deal with the illegal import of building products containing asbestos. The ABC reports that only two have been fined for import breaches since tougher laws came into force in February 2014. “The importation of banned materials, such as asbestos, … Continue reading Interim Senate report shares concerns about asbestos imports
Insulated building products maker Bondor is preparing to both mark its 65th anniversary and announce a new $20 million facility in Melbourne. Brent Balinski spoke to General Manager Geoff Marsdon about what has shaped the company´s diversification and longevity. Handled smartly, tougher standards for building products have presented new opportunities for Bondor in the last … Continue reading Bondor opens door to a new era, creates 50 more jobs
According to the CEO of Brickworks, it is two times cheaper to send a brick to Sydney from Spain than from Perth.
Construction products company CSR has announced a share buyback, beginning March 21 and worth about a tenth of its market capitalisation.
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.