Orica Announces New Non-Executive Directors
PR Newswire - Mon Aug 05, 9:25PM CDT
Orica Limited today announced the appointment of Mr Alberto Calderon and Mr Gene Tilbrook as non-executive Directors, effective 14 August 2013. Mr Calderon was most recently Group Executive and Chief Executive Aluminium, Nickel and Corporate Development, BHP Billiton. Prior to senior roles held across BHP Billiton from 2005 - 2013, Mr Calderon was CEO of Colombian coal and oil companies, Cerrejon Coal and Ecopetrol. Mr Calderon has worked for the Government of Colombia and The International Monetary Fund. He is a Colombian citizen.
Tyre Retailing in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Sat Dec 22, 1:00PM CST
Tyre retailers have fared well over the past five years, compared with other automotive industries. Domestic demand for tyres has been strong due to increased incomes, which have spurred motor vehicle sales. However, tyre retailers have faced a few hurdles. Soaring rubber prices have wreaked havoc on the cost of manufacturing and purchasing tyres. High fuel prices have also led to less distance travelled per vehicle, lessening demand for new tyres. As such, the Tyre Retailing industry's revenue is expected to grow by an annualised 0.2% over the five years through 2012-13. According to IBISWorld industry analyst Kosta Lev, "Growth in the volume of tyres sold has propped up revenue, driven by an increase in the number of motor vehicles in stock". Rising incomes and population expansion have supported demand for both new and used vehicles. This has provided sales growth for the industry, with the majority of sales coming from passenger vehicles. However, the global economic downturn resulted in a decline in re