Boral
Encyclopedia
Boral is a multinational
company
dealing in building
and construction
materials. Founded in Australia
, it also has extensive operations in the USA and Asia
. Boral was demerged from the 'old' Boral Limited in February 2000. The 'old' Boral Limited, comprising energy assets, was renamed Origin Energy
. The spin-off assets, comprising building and construction materials, became the 'new' Boral Limited. Boral and Origin Energy are now separately listed companies on the Australian Stock Exchange
and are entirely independent of one another.
The 'old' Boral began as an oil and bitumen refining company under the name of Bitumen and Oil Refining Australia Limited. It later changed its name to Boral Limited using the acronym of the company's name.
Boral has changed its core business since its inception, and now has a diverse area of operations within the building industry, including asphalt, road line marking, concrete, plasterboard, timber, windows, quarry, landfill, transport, roof tiles, bricks and pavers. Boral also produces cement via Boral Cement (formerly Blue Circle Southern Cement).
Today Boral has built itself into a multinational company, with operations in Australia, Indonesia
and the United States, with its headquarters located in Sydney, Australia, and also supported from the company's establishment at Prospect, New South Wales
, Australia.
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
dealing in building
Building
In architecture, construction, engineering, real estate development and technology the word building may refer to one of the following:...
and construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
materials. Founded in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, it also has extensive operations in the USA and Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
. Boral was demerged from the 'old' Boral Limited in February 2000. The 'old' Boral Limited, comprising energy assets, was renamed Origin Energy
Origin Energy
-History:Origin Energy was formed in February 2000, as a result of a demerger from the Australian conglomerate Boral Limited, in which the energy business was removed from the building and construction materials business to form the new company....
. The spin-off assets, comprising building and construction materials, became the 'new' Boral Limited. Boral and Origin Energy are now separately listed companies on the Australian Stock Exchange
Australian Stock Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
and are entirely independent of one another.
The 'old' Boral began as an oil and bitumen refining company under the name of Bitumen and Oil Refining Australia Limited. It later changed its name to Boral Limited using the acronym of the company's name.
Boral has changed its core business since its inception, and now has a diverse area of operations within the building industry, including asphalt, road line marking, concrete, plasterboard, timber, windows, quarry, landfill, transport, roof tiles, bricks and pavers. Boral also produces cement via Boral Cement (formerly Blue Circle Southern Cement).
Today Boral has built itself into a multinational company, with operations in Australia, Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
and the United States, with its headquarters located in Sydney, Australia, and also supported from the company's establishment at Prospect, New South Wales
Prospect, New South Wales
Prospect is a suburb of Sydney, in the state of New South Wales, Australia. Prospect is located 32 kilometres west of the Sydney central business district in the local government area of the City of Blacktown and is part of the Greater Western Sydney region....
, Australia.