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Boral
Boral Limited is an Australian building and construction materials company. It is owned by Seven Group Holdings. History Boral was founded by David Craig on 4 March 1946 as Bitumen and Oil Refineries (Australia) Limited with Ampol, Caltex having a 40% shareholding. In March 1947, it opened Matraville Refinery, Australia's first bitumen and oil refinery. In 1963, the company was renamed Boral Limited having been commonly referred to by its acronym since it commenced trading. In 1964, it purchased the Gas Supply Company with 28 coal gas companies in New South Wales, Queensland and Victoria, Australia, Victoria. In 1968 Boral sold a 50% stake in its refining business to TotalEnergies, Total, before selling it the remainder in January 1972. In 1969, it entered the building materials industry through a number of acquisitions. In 1979, Boral entered the United States market, purchasing a 55% shareholding in California Tile from Amalco. In February 1987 Boral purchased cement manufact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seven Group Holdings
SGH Ltd (formerly Seven Group Holdings) is an Australian diversified operating company, with businesses across industrial services, energy, and media. History Seven Network Limited was created in 1991 by receivership, receivers in order to bundle together the assets of Christopher Skase's collapsed former business, Qintex. Between 1995 and April 2001, Alan Jackson (businessman), Alan Jackson of Nylex was the non-executive director of Seven, after being asked by Stokes to lead the company. In 2002, Seven Media Group acquired Pacific Magazines. In January 2006, the company partnered with Yahoo! to launch Yahoo7, Yahoo!7, a cross-media entity meant to expand the content distribution networks of both companies. In December 2006, Seven Network Limited Shareholder, shareholders voted to spin off the company's 'old media' assets into a 50/50 joint venture with private equity firm Kohlberg Kravis Roberts, KKR, creating the Seven West Media, Seven Media Group. In January 2008, Kerr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matraville Refinery
Matraville Refinery was an oil refinery in the Australian state of New South Wales. Bitumen and Oil Refineries (Australia) Limited (later named by the acronym Boral) commenced construction of Australia's first bitumen and oil refinery in Matraville in March 1947. The company was 40% owned by Caltex which supplied the crude oil to be refined. Most of the early employees were discharged from the Royal Australian Navy The Royal Australian Navy (RAN) is the navy, naval branch of the Australian Defence Force (ADF). The professional head of the RAN is Chief of Navy (Australia), Chief of Navy (CN) Vice admiral (Australia), Vice Admiral Mark Hammond (admiral), Ma .... In 1968 Boral sold a 50% stake to Total, before selling it the remainder in January 1972. In 1979, the plant was expanded. It closed in 1984 and was demolished in 1988. References {{reflist Buildings and structures demolished in 1988 Demolished buildings and structures in New South Wales Oil refineries in Austr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westlake Chemical
Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets. The company was founded by Ting Tsung Chao in 1986. it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000. Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream integration into polyvinyl chloride (PVC) building products. Facilities In 2014, Westlake made a significant expansion in their ethylene production facilities in Sulphur, Louisiana. In 2014, Westlake acquired the German polyvinyl chloride manufacturer Vinnolit. In 2016, Westlake acquired U.S. chlor-alkali producer Axiall Corporation for US$3.8 billion. In June 2021, Westlake purchased the United States building products business of Boral for $2.2 billion. In 2022, W. took over Hexion's e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Origin Energy
Origin Energy Ltd is an ASX listed public company with headquarters in Sydney. It is a major integrated electricity generator, and electricity and natural gas retailer. It operates Eraring Power Station, Australia's largest coal-fired power station, in New South Wales, which it plans to close in 2027. As of 2024, it plans to "minimise" its ownership of wind and solar power, to boost investor returns. It owns 20% of Octopus Energy, a UK renewable energy retailer. History Origin Energy was formed 18 February 2000, as a result of a spin-off from Boral. SAGASCO (formerly known as the South Australian Gas Company) became part of Origin Energy as part of the demerger. Between 2001 and 2002, Origin acquired a Victorian electricity retailer licence from distributors Powercor and CitiPower. In 2004, the SEAGas pipeline was completed, linking the Victorian and South Australian gas markets. During this time, Origin obtained 50% interest in the Kupe Gas Field and Edison Mission ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midland Brick
Midland Brick supplies building and construction materials including bricks, concrete blocks, pavers, retaining walls, roof tiles and stone cladding. Products are supplied to customers in Australia, New Zealand and Asia. Midland Brick headquarters are located in Middle Swan, Western Australia. History In 1946 Charles New, who was called Ric, and his brother Gerald, who was called Gerry, set up a brickyard in Middle Swan, Western Australia with £200 borrowed from their mother, to address the severe shortage of building supplies—especially bricks—after World War II. Ric collected clay from the Darling Range and experimented making bricks in his oven at home. Subsequently, in 1947, using second hand bricks, the brothers built their first square updraft kiln and, using war-surplus materials and equipment, made their own machinery. In 1949 Ric established Western Australia's first brick laying school and, in that year, and throughout the 1950s Midland Brick constructed mor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, the Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 10^12, billion and a market capitalisation of around A$1.6 10^18, trillion, making it one of the List of stock exchanges, world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system fac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buckeridge Group Of Companies
Buckeridge Group of Companies, commonly known as BGC, is a private corporate group of construction and building-related companies operating primarily in Western Australia. BGC is one of the largest privately owned companies in Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl .... It was owned entirely by its founder, Len Buckeridge, until his death in 2014. In 2016, family quarrels over his estate erupted into 22 separate legal actions. Group structure BGC consists of the following companies: BGC companies are the third largest home builders in Australia, through their subsidiary companies including Commodore Homes, Smart Homes for Living, Aussie Living Homes, Go Homes, Now Living, Terrace, HomeStart, and Ventura South West. References {{Portal, Companies, Austr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Competition & Consumer Commission
The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the '' Trade Practices Act 1974'', which was replaced by the ''Competition and Consumer Act 2010'' on 1 January 2011. The ACCC's mandate is to protect consumer rights and business rights and obligations, to perform industry regulation and price monitoring, and to prevent illegal anti-competitive behaviour. Historical origins The ACCC's deeper origins are found in the Restrictive Trade Practices Act of Sir Garfield Barwick, Attorney-General in the Liberal Government of Sir Robert Menzies in 1965.Hocking, Jenny, ''Lionel Murphy: a political biography'', Cambridge University Press, Cambridge, UK, 2000 . p.204 Opponents derided Barwick's Trade Practices Act 1965 as " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knauf
Knauf Group is a multinational, family-owned company based in Iphofen, Germany, well known for drywall gypsum boards, founded in 1932. The company is a producer of building materials and construction systems comprising construction materials for drywall construction, plasterboard, cement boards, mineral fibre acoustic boards, dry mortars with gypsum for internal plaster and cement-based external plaster and insulating materials; glass wool, stone wool and other insulation materials under the company Knauf Insulation. It has more than 150 production sites worldwide. It is one of the six producers which hold approximately 81% of the worldwide wallboard market ( Georgia Pacific, Knauf, Siniat, National Gypsum Company, Saint-Gobain, and Yoshino Gypsum Co., Ltd). In June 2018, USG entered into an agreement to be purchased by Knauf. It operates as an independent subsidiary of Knauf and continues to remain headquartered in Chicago, Illinois. The deal closed in April 2019. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Financial Review
The ''Australian Financial Review'' (''AFR'') is an Australian compact daily newspaper with a focus on business, politics and economic affairs. The newspaper is based in Sydney, New South Wales, and has been published continuously since its founding in 1951. It is currently owned by Nine Entertainment. The ''AFR'' is published in tabloid format six times a week, and provides 24/7 coverage through its website and mobile app. In November 2019, the ''AFR'' reached 2.647 million Australians through both print and digital mediums according to Mumbrella.SMH, AFR and The Age all report audience growth in November Mumbrella 2020 The ''Australian Financial Review'' started as a print-only |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
