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CELEBRATING 70 YEARS the Boral Story

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CELEBRATING 70 YEARS the Boral Story BORAL NEWS APR 2016 TOOWOOMBA PROJECT TAKES TOP HONOURS HOW SUSTAINABILITY SCHEMES ARE CUTTING COSTS A DAY IN THE LIFE OF USG BORAL IN NEW ZEALAND CELEBRATING 70 YEARS The Boral story LONG-SERVING EMPLOYEES SHARE THEIR INSIGHTS FROM THE CEO A rich history and an exciting future It’s a privilege to be leading Boral as we celebrate 70 years since the incorporation of Bitumen and Oil Refineries Australia Limited (BORAL). Boral has a rich and fascinating history, which can be traced back to our humble beginnings in Matraville in Inside Sydney. In seven decades of growth and change, many stories about Boral in Australia, America, Asia FRONT COVER IMAGE: Sprayer unit at work on a section and Europe have emerged. of highway between Sydney and Newcastle, circa 1965 There are success stories and war stories. There are Boral News is published by stories about striving to be the best at what we do and Boral Limited ABN 13 008 421 761. about responding to changing conditions. There are If you have an item of news stories about our people taking risks and backing their for future issues, please contact: decisions in an effort to see our future even brighter Linda Assatoury Group Communications than the past. All of us who work at Boral have helped & Investor Relations Manager to create the stories that define the company’s history Boral® is a registered trademark of and will shape its future. Boral Limited or one of its subsidiaries. © 2016 Boral Ltd. All rights reserved. Just over three years ago I articulated my vision to © 2016 USG Boral. All rights reserved. 06 transform Boral, and the Fix, Execute, Transform framework was established to help provide structure for the journey. 18 With significant progress now made to fix the things that were holding us back and to improve the way we do things, it’s now time to look more deeply at the long-term strategy for Boral to ensure it can truly transform for performance excellence and sustainable growth. We’ve made progress on this, with work that 12 includes delivering transformational technology to our USG Boral joint venture and our investments in product Features Regulars innovation. But there is still more to do. 02 NEWS To have input into the long-term vision for Boral, we 05 20 Boral Asphalt wins awards Sustainability initiatives 03 PRODUCTS assembled a team of 21 young leaders from across the tackling the Toowoomba Investments in how we use our 04 PEOPLE company. The team is intended to represent Boral’s Range by-products 10 PROFILE leaders of 2030, with a diversity of experience, gender, Recognition for Boral’s work on Bob Bornstein, Technical Services ethnicity, culture and geography. It is hoped that the Toowoomba Range project Manager, Construction Materials & 22 Cement plus some of our longest- A day in the life of a metal the strength and diversity of the team will provide serving employees greater insights into the Boral of the future than 06 products plant Celebrating Boral’s Spend a day at USG Boral’s 18 ZERO HARM TODAY would otherwise be achieved by relying on today’s 70 years metal products plant in Auckland, 24 IN THE COMMUNITY leaders alone. The Boral story over New Zealand seven decades I hope you enjoy reading highlights of our colourful history in this edition of Boral News. 12 Boral today Use the free viewa A snapshot of who Boral is today app and scan the front cover to watch a journey through Boral’s history. Mike Kane See back cover for CEO & Managing Director more information. BORAL NEWS | APR 2016 | 1 NEWS PRODUCTS USG Boral launches new, DID YOU TAKE NOTE KNOW? Five interesting projects across Boral unified product packaging From February 2016 USG Boral has been launching new packaging designs across Australia, China and Korea, with other countries due to follow later in the year and in 2017. The new packaging will incorporate common design elements to provide a cohesive look across USG Boral’s extensive network, which includes 14 product categories, 23 product types and thousands of stock keeping units (SKUs) across THE YEAR THE ACRONYM 12 geographic markets! ‘BORAL’ WAS OFFICIALLY University of Western Boral Roofing’s Saxony Asphalt, spray seal, USG Boral supplied More than 6,660m3 ADOPTED AS THE “Often we think of packaging as only there to COMPANY NAME Sydney’s new Kingswood Slate 900 concrete tiles concrete and crushed products, including of Boral concrete protect products as they travel from our plants to our campus library façade in Mission Red feature rock road base supplied plasterboard, to the used in ‘The James’ customer sites,” said USG Boral Marketing Director, combines four types of on a new 172-room to Gateway WA, International Financial multi-residential Jeremy Verstraete. “But with clear and cohesive red-toned PGH Bricks village-style hotel in Western Australia Centre Jakarta in development in design, it can help unify and reinforce our brands Banff, Canada Indonesia Teneriffe, Queensland throughout our supply chain, in trade stores and, ultimately, on job sites in the daily view of our customers, builders and contractors.” Boral secures “...with clear and cohesive New Boral Innovation NorthConnex Factory unveiled design, it can help unify and project reinforce our brands throughout The ribbon was cut at the new 27,000 square foot Boral our supply chain” THE YEAR BORAL’S Innovation Factory in San Antonio, Texas, in February. The Concrete NSW team GREEN AND GOLD LOGO Created in 2012, the Boral Innovation Factory analyses has successfully secured Jeremy Verstraete, Marketing Director, USG Boral WAS ADOPTED market trends and future building and construction the supply contract for requirements, then identifies emerging technologies to 500,000 cubic metres develop solutions that fill the service gaps. of concrete to the “The establishment of the Innovation Factory has set NorthConnex motorway us on a trajectory to introduce new products and in western Sydney. The processes that can solve customers’ unmet needs in $3 billion project comprises the marketplace, enabling Boral to be synonymous with nine kilometres of tunnels innovation,” said Joel Charlton, Executive General and will ease Sydney’s Manager, Innovation and Vice President of the traffic congestion, Al Borm, Russell Hill and Joel Charlton cut the ribbon at the Intellectual Property Portfolio for Boral. bypassing 21 sets of traffic Boral Innovation Factory lights. It is expected to be completed in mid-2019. www.pghbricks.com.au On the move! Somerton cement supply chain hits the road New Bevel Siding Introducing: Boral has historically distributed ® cement from the Waurn Ponds in the USA Boral Thin Brick manufacturing plant to the www.usgboral.com ® Somerton depot by rail using The Bevel profile is the newest addition Boral Bricks in the USA has introduced ® ® Pacific National, one of Australia’s New and improved to the Boral TruExterior Siding product Boral Thin Brick Natural Clay Veneer for largest rail freight companies. But line – the first man-made siding profiles to interior and exterior cladding applications. ® in December 2015, the final wagon websites genuinely replicate the natural look of smooth Launched in January 2016, Boral Thin Brick The last train wagons being loaded at architectural wood siding while resisting offers a lightweight and easy-to-install of cement powder was loaded at Waurn Ponds cement plant, Victoria Staff based at Greystanes House division. “We’re giving our people Waurn Ponds, headed for With the integration between Boral and the moisture-related issues that commonly solution that has the authentic look of in Prospect, New South Wales, will plenty of time to prepare for the Somerton for the last time. Somerton depot operator CSR’s east coast bricks operations on plague wood. full-dimensional clay brick. be on the move in 2017 as the move and to make the transition as With improvements in Garry Culpin was on hand to track, the new and improved PGH Bricks Launched in November 2015, the Bevel Available in 10 colours and several ® lease on the office space comes easy as possible.” technology, in combination with unload the first wagons of & Pavers website was launched in March. profile of Boral TruExterior Siding recreates the popular textures, each lightweight flat and to an end. About 450 Boral staff, primarily Boral Cement’s increased powder cement over 27 years ago, and Check it out at www.pghbricks.com.au look and character of traditional clapboard or corner piece is manufactured using natural “While this is a good move for in Construction Materials & fleet capacity – which utilises helped unload the very last USG Boral also launched a refreshed bevel lap siding associated with cedar clay. The new product line is being launched the business, it’s a big change,” Cement, Shared Business Services specialised tankers on a 24-hour, wagon in December. Australian website in April, with redesigned and redwood. It has true taper and shadow across the USA in a collaborative effort by ® said Joe Goss, Divisional and Information & Communication 7-day-a-week schedule – delivering user navigation and a customisable line characteristics that are not typically both the Boral Bricks and Cultured Stone ® Managing Director of the Technology, will commence the cement to the Somerton depot is experience for architects/designers, found in fibre cement or wood composite by Boral sales teams. Construction Materials & Cement move in mid-2017. now more efficient by road than rail. builders/installers and homeowners. siding products. See www.usgboral.com 2 | BORAL NEWS | APR 2016 BORAL NEWS | APR 2016 | 3 PEOPLE FEATURE Transforming Boral Twenty-one young leaders from across Boral’s and USG Boral’s global operations were invited to form Boral’s Transformation Strategy Task Group (TSTG) to help set the company’s long-term strategy.
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