Australia: The Queensland Supreme Court has ruled that Wagners must meet lower prices offered by a competitor in the market in its cement supply contract with Boral. Wagners suspended its supply of cement products to Boral for six months in early 2019 when Boral said it found cheaper cement from Cement Australia, according to the Australian newspaper. However, the court found that an October 2019 pricing notice for cheaper supplies from Cement Australia was ‘valid and effective’. Boral will continue buying cement from Wagners until 2031.
Court rules in favour of Boral in Wagners cement supply row
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URL: https://www.globalcement.com/news/item/10933-court-rules-in-favour-of-boral-in-wagners-cement-supply-row
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