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Boral News Issue 2, 2011

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Boral News Issue 2, 2011 PB BITN – Boral In The News – Issue 2. 2011 BITN A Boral In The News Issue 2. 2011 BORAL ACQUIRES LAFARGE’S INTEREST IN LBGA PlaSTERBoarD VENTURE An exciting step for our Company’s future development P4 GROWTH LEAN Queensland A catalyst for construction Group wide materials position improvements enhanced P14 P5 B BITN – Boral In The News – Issue 2. 2011 1 CoNTENTS Message from the Chief Executive 1 – Upgrade for Boral Concrete at Kempsey – Reinforcing the core – St Peters and Widemere win the second Clean Sweep Award Boral Global 2-6 – Boral’s global Intranet – Building Something Great – Boral Construction Materials recognised at the 2011 Oklahoma Safety Council Health & Safety Conference – Acquisition of Lafarge’s interest in LBGA plasterboard venture – Boral leads with safety breakthrough for tipper trucks – Boral acquires Wagners construction materials assets Innovation 18-22 in Queensland – Clean, LEAN and green at the Marulan lime plant – Boral acquires Sunshine Coast Quarries in Queensland – Boral is creating renewable energy at Victorian landfill operation – Cultured Stone integration continues in the USA – Innovative 9-star rated home with an affordable price tag Sales and Marketing 7-10 – Boral’s Sales and Marketing Excellence Program is – Boral secures further two LNG projects on Curtis Island stepping up – Waurn Ponds Cement scoops the pool in industry innovation – A One Boral approach facilitates a major customer’s awards desire for a site visit to new Asian residential construction – Landscape Design Forum predicts the future – Boral’s BUILD campaign takes to the streets People 23-26 – Leaders in sustainable building recognised at the – Community engagement for Peppertree Quarry 2011 HIA-Boral Greensmart Awards – Sandcastles TV promotion – Boral Design Awards – Dunmore goes batty – Home Beautiful promotion – Brian Tasker appointed to head Boral Property Group – Boral employees preview new look trucks – Boral’s Archibald prize finalist Operational Improvement 11-17 – Boral trainee scheme produces multiple award winner – Aligning everyone to the same goals through policy deployment – Flying fundraiser for Cystic Fibrosis – Pull inventory systems come to Boral – LEAN initiative leads to a major clean up to improve the safety and the work environment at Boral Cement – US LEAN update – Kaizen Blitz at Geebung Front cover image: Employees at Boral’s Greystanes House site in Sydney’s west inspect the newly branded Boral trucks. Boral In The News is published by Boral Limited ABN 13 008 421 781 If you have an item of news that you would like to submit for publication please send your story and photographs to [email protected] or Corporate Affairs Manager, Boral Limited, GPO Box 910, Sydney NSW 2001. This publication can be downloaded from the Boral website at www.boral.com.au, or printed copies can be ordered from Boral by telephone (02) 9220 6300 or international +61 2 9220 6300. © 2011 Boral Limited B BITN – Boral In The News – Issue 2. 2011 1 MESSAGE From THE ChIEF EXECUTIVE Reinforcing the core In August I announced our full year results for 2011 and spent time with our shareholders to give them a better understanding of our market, strategic initiatives, operational improvements and our outlook for the current year. I confirmed that I was pleased with the Group’s progress in FY2011 as our clearly defined strategy for operational excellence and sector leading performance has continued to progress with increasing purpose and determination. Mark Selway, Chief Executive Over the last year we have achieved In Australia, we announced the We continue with our commitment a great deal of success across a acquisition, subject to regulatory to safety, the elimination of waste large number of key operational, approval, of Wagners Construction – which includes simplifying our financial, health & safety and Materials business and Sunshine processes and implementing reliable, business development measures. Coast Quarries, both excellent standard systems – providing our This progress reinforces our core additions to our Australian customers with new and improved belief that operational improvements construction materials in the high offerings and finally, it is critical that provide the best short term potential growth Queensland markets. we harness our total scale. to deliver the earnings and competitive In August 2011, we acquired improvements which are key to Prospects Lafarge’s 50% share of LBGA, our our future financial objectives and While the sluggish residential markets joint venture plasterboard business in aspirations for growth. experienced in the second half of Asia. This is an exciting development FY2011 are expected to continue for the Group into strategically Pursuing growth into FY2012, we are well positioned important markets and we are The achievement of our goals starts even in these difficult market confident it will have a meaningful with strong leadership positions conditions. I remain confident that positive impact on the growth and in attractive and growing markets, the actions taken in FY2011 provide financial performance of Boral. and the Group’s corporate activities a strong platform for increased continued to pursue opportunities “Reinforcing the Core” growth and earnings when external to align the portfolio with those conditions improve. In September, we had our Group activities which underpin the future conference which has been closely My thanks go to our people who of the Group. followed by divisional conferences show continued dedication to the During the year, we undertook a to ensure that the key messages Boral Way initiatives and I believe number of significant transactions are cascaded throughout Boral and that the achievements in FY2011 will which will all contribute to the future reach every employee as quickly as grow to deliver further progress in success of Boral. We divested the possible. the year ahead as we continue to non-core scaffolding and concrete improve our competitiveness and panel businesses in the first quarter At the conference, I reinforced that forge new and stronger customer of FY2011 and used the proceeds to we are focusing on “Reinforcing relationships as we build Boral into help fund a number of acquisitions in the Core” by making sure we truly something really great. areas which are core to the Group. embed all the great initiatives which have commenced over the last In July 2010, we acquired the twelve months. Additionally, it is balance of shares in MonierLifetile important that we all understand and in December added a 50% how these elements fit together and share of Cultured Stone, which has a how they are supported through the leading position in the United States Boral Way and the Change Action residential stone market. Network. 2 BITN – Boral In The News – Issue 2. 2011 3 Boral’S GloBal INTraNEt – BUILDING SomETHING GrEAT The One Boral Intranet is becoming a key communication tool within our organisation to spread information, provide access to business tools, provide reporting systems and assist in Building Something Great. Use of the One Boral Intranet has grown significantly with 380,494 visits in August up from 188,000 visits a month just 12 months ago. By Barry Borham, National Manager, E-Business, Boral Limited. The Intranet is being developed To further enrich the content of the around 12 key business focus areas Intranet each major initiative is being represented by each of the 12 tiles on accompanied by a video prepared by the Intranet Homepage. Each of these the person with primary responsibility focus areas has been delegated to a for that initiative. There are a number member of the Operations Executive to of videos currently available on the site monitor and approve the content that with all past videos also available from is published to ensure that the tight the video archive accessible from the business emphasis of the Intranet is right hand side of the Homepage just maintained. To see the names of each underneath the current comments by of the tile owners and an outline of our Chief Executive, Mark Selway. the content of that part of the Intranet To flesh out how the Intranet is being just click on each of the tiles. Feel free used I’ll expand on a few of the key to contact the tile owners if you have business focus areas; Manufacturing, suggestions about how that part of the Human Resources and OH&S. Intranet could be improved in any way. 2 BITN – Boral In The News – Issue 2. 2011 3 Manufacturing Human Resources OH&S Sponsor – Mark Selway Sponsor – Robin Town Sponsor – Robin Town Champion – Andy Rylance Champion – Ross Dill The Boral Production System One of Boral’s key human Boral has a fundamental is Boral’s way of satisfying resource objectives is to commitment to providing customer demand and have the best people in our safe and healthy working minimising waste with the least industries. In order to achieve conditions for all people cost method of production. this, our human resource involved in our operations. The key objective is to policies and strategies are Recently 54 OH&S Standard establish systems that enable developed to meet our internal Operating Procedures our organisation to deliver on requirements while addressing and a host of supporting demand, minimise inventory, Robin Town, external challenges. Andy Rylance, Ross Dill, documentation has been maximise the use of multi- Group Human Group Lean Manager Resources Director One of these strategies is Group OH&S Manager loaded on the Intranet skilled employees,
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