Boral Limited is Australia's largest

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materials supplier, with market-leading positions in quarries, cement, concrete and asphalt. Boral is actively pursuing a decarbonisation strategy through recycling of demolition materials, converting landfill and waste to energy and transitioning to 100 percent renewable electricity. With revenue for total operations of A$2.96 billion (2022), Boral has about 9,000 employees and contractors working across 356 operating and distribution sites. Its headquarters are located in Sydney, Australia.

History

Boral was founded by David Craig on 4 March 1946 as Bitumen and Oil Refineries (Australia) Limited with 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

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. In 1968 Boral sold a 50% stake in its refining business to 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 manufacturer Blue Circle Southern Cement from

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Blue Circle Industries Blue Circle Industries was a British public company manufacturing cement. It was founded in 1900 as the Associated Portland Cement Manufacturers Ltd through the fusion of 24 cement works, mostly around on the Thames and Medway estuaries, toget ...

. In 1990, Midland Brick was purchased. In January 2000, Boral sold its tyre business to Bridgestone. In February 2000, Boral's energy assets were spun off into a separate listed entity, Origin Energy. In December 2020, Boral sold Midland Brick to the Buckeridge Group of Companies. This followed Boral selling its bricks business on Australia's east coast in 2016. In April 2021, Boral divested its plasterboard business, completing the process with the sale of its 50 per cent interest in the USG Boral joint venture to

Knauf Knauf Gips KG 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 f ...

group for US$1.015 billion. In May 2021, Seven Group Holdings launched a takeover bid. In June 2021, Boral sold its United States operations to Westlake Chemical. In July 2021, Seven gained control of Boral with a 70% shareholding.Notice of change of interests of substantial holder
Boral 30 July 2021

References

External links

Boral CorporateBoral AustraliaContact Boral
{{S&P/ASX 200 Building materials companies of Australia Cement companies of Australia Manufacturing companies based in Sydney Companies listed on the Australian Securities Exchange Multinational companies headquartered in Australia Manufacturing companies established in 1946 Australian companies established in 1946 Seven Network