Boral
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Boral | |
---|---|
Type | Public, listed on ASX |
Founded | Australia (March 4, 1946) |
Headquarters | Sydney, Australia |
Key people | Rod Pearse, CEO & Managing Director Ken Barton, CFO |
Industry | Building and Construction Materials |
Revenue | ▲ $4.35 billion AUD (2005) |
Employees | 15,000+ (2005) |
Website | www.boral.com.au |
Boral ASX:BLD is a multinational company dealing in building and construction materials. Founded in Australia, it also has extensive operations in the USA and Asia. Boral was demerged from the 'old' Boral Limited in February 2000. The 'old' Boral Limited, comprising energy assets, was renamed Origin Energy. The spin-off assets, comprising building and construction materials, became the 'new' Boral Limited. Boral and Origin Energy are now separately listed companies on the Australian Stock Exchange and are entirely independent of one another.
The 'old' Boral began as an oil and bitumen refining company under the name of Bitumen and Oil Refining Australia Limited. It later changed its name to Boral Limited using the acronym of the company's name.
Boral has changed its core business since its inception, and now has a diverse area of operations within the building industry, including asphalt, road line marking, concrete, plasterboard, timber, windows, quarry, transport, roof tiles, bricks and pavers. Boral also produces cement via Blue Circle Southern Cement.
Today Boral has built itself into a multinational company, with operations in Australia, Indonesia and the United States, with its headquarters located in Sydney, Australia, and also supported from the company's establishment at Prospect, New South Wales, Australia.
[edit] Sources
Boral 2005 Annual Reports[ http://www.brr.com.au/event/18777]