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Australian court finds former AdBri accounts manager guilty of deception and dishonest dealing 31 August 2021
Australia: A South Australian court has found former Adbri (formerly called Adelaide Brighton) accounts manager Glenda Burgess guilty of nine counts of deception and nine counts of dishonest dealing between 2009 and 2017. The Australian Broadcasting Corporation has reported that Burgess increased AdBri’s customer Concrete Supply’s credit limits, concealed its debts and created ‘large’ manual entries in her employer’s accounts to benefit it. The company only paid around US$14.5m for cement worth US$23m during the period under investigation. However, the prosecution said that Concrete Supply was not complicit in the alleged crime. Sentencing for the case is due to take place later in 2021.
Myanmar: An outbreak of Covid-19 in Panglaung township, where 57 new cases have been recorded since late August 2021, allegedly originated at a cement plant. The Shan Herald Agency has reported that the Nagar cement plant in Si Kip, Shan state was allegedly flouting Covid-19 safety regulations. 21 employees of the plant have tested positive in the latest outbreak of the virus.
Sweden: Cementa will not be able to appeal a land and environmental court’s ruling preventing it from using its quarries on the island of Gotland. The Swedish supreme court has ruled that the subsidiary of Germany-based HeidelbergCement has no basis for appeal. Its previous application to extend mining activities at the sites until 2041 failed due to shortcomings in its environmental impact assessments. The quarries supply cement production at the company’s Slite cement plant in Gotland.
Sumitomo Osaka Cement joins Task Force on Climate-Related Financial Decisions Consortium 27 August 2021
Japan: Sumitomo Osaka Cement has joined the Task Force on Climate-Related Financial Decisions (TCFD) Consortium. The consortium is committed to facilitating effective and efficient disclosure of climate-related corporate information and their use by financial institutions. As a member, Sumitomo Osaka Cement will conduct scenario analysis on the climate change impacts of all its businesses. This includes its cement business, which the company says accounts for the majority of its CO2 emissions.
UK: Finland-based Metso Outotec has awarded a contract to Duo Group to provide distribution services for its British aggregates equipment and services business. Under the terms of the contract, Duo Group will deliver the supplier’s products and provide technical support to its quarry customers in England, Scotland and Wales. Metso Outotec presently provides both services itself. The contract will enter force in September 2021.
Distribution management senior vice president Olli-Pekka Oksanen said “We are very pleased to announce the partnership with Duo. The partnership expands our distribution model to include the larger aggregates quarrying customers in the UK. With Duo’s local presence and world class know-how, we will improve our ability to offer more comprehensive aggregate solutions and aftermarket support with the agility and responsiveness appreciated by the quarrying customers.”