News bulletin-26:
News bulletin-26: 3 Jul 2018


Institute Gold Member SRG has announced a planned merger of equals with Global Construction Services (GCS) to create a new ASX-listed entity named SRG Global with 2000 employees world-wide. “The merger provides the platform to continue to build a leading global specialist engineering, construction and maintenance group,” SRG said. The news follows SRG’s acquisition of TBS Group, a specialist industrial contractor in NZ in April.

The early earthworks and construction contracts have been announced for the Western Sydney Airport at a price tag of $5.3 billion. CPB Contractors, Lendlease and Bechtel have been signed up. Bulk earthworks and civil contracts are expected to be revealed later this year.

SafeWork inspectors in NSW have issued $115,000 in fines after a safety blitz of more than 460 construction sites in the state. Six construction companies have already been prosecuted, with $780,000 in fines issued.

Port Macquarie Base Hospital has just marked a construction milestone with a concrete pour of almost 860 tonnes as part of an expansion.

ASIC has disqualified Craig Hall Walton from managing companies for four years after liquidators were appointed to Walton Construction Pty Ltd and Walton Construction (QLD) Pty Ltd.

Egypt’s El Nahda cement factory has addressed fuel consumption and emissions by reinventing its manufacturing process, resulting in a ‘sweet’ solution.

Image via Camden Courier.