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    • ASX Company News: Leighton Secures $325 million Coal Seam Gas Contract

    Thursday, February 9th, 2012

    Thiess, a wholly owned subsidiary of Leighton (LEI),  has won a $325 million contract from coal seam gas explorer and producer QGC Pty Limited to construct gas processing facilities for one of Australia’s largest infrastructure projects. The six field compression stations and one central processing plant, to be built about 30km north- west of Dalby in southern Queensland, represent some of the upstream facilities being developed by QGC for its Queensland Curtis LNG Project (QCLNG). The facilities will process gas for transport via an underground pipeline to Gladstone. On Curtis Island, off Gladstone, the gas will be converted into liquefied natural gas for export.

    Thiess Managing Director Bruce Munro said the contract was testimony to the multi-disciplinary expertise and experience Thiess brings to such a large geographically-dispersed project. “Thiess has a culture of valuing and building long-term partnerships and we are proud to work with QGC on this project of state significance,” Mr Munro said. Work will begin in February 2012 and is expected to be completed in April next year. The project will extend Thiess’ presence in the upstream coal seam gas sector in the region where its founding fathers started the business more than 77 years ago.

    Thiess has an annual turnover of $7 billion and nearly $22 billion work in hand. With over 19,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly-owned subsidiary of Leighton

    www.leighton.com

    http://www.traderdealer.com.au/fundamentals/lei

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    ASX Company News: Clean TeQ Holdings Secures Air Purification Contracts

    Thursday, February 9th, 2012

    Australian clean technology company Clean TeQ Holdings Limited (CLQ) is pleased to announce the signing of contracts to the value of $3.0m for the design, construction and delivery of air capture and purification systems for two wastewater treatment plants in NSW. Clean TeQ’s OdourTeQ® biological air treatment technology provides the most cost effective solution for the treatment of odour emissions for the municipal wastewater marketplace. These two new projects will be delivered over the next 40 weeks. Winning these two projects adds substantially to our current project work and reinforces our position as the leading supplier of biologically-based air pollution control systems in Australia.

    “We are very excited about winning these two new projects as they improve our revenue and further enhance our reputation in this market. We have long known that our OdorTeQ® biological treatment technology is world class, so it’s no surprise that we are winning more and more projects based on this platform. Our highly skilled sales and engineering teams are focused on providing our customers with value for money, quality products that are delivered safely and within our customer’s time expectations. Our current market success is a direct result of this offering. We are looking to expand our market geography and become a supplier to the greater Asian marketplace.” said Peter Voigt, Chief Executive Officer of Clean TeQ.

    Clean TeQ (CLQ) is a leading Australian clean technology business that focuses on providing solutions for the purification of air, water and mineral resources. The Company’s technologies provide our customers with focused, fit-for-purpose solutions that are specifically targeted; minimize energy input and waste byproducts. Clean TeQ develops technologies in- house and partners with leading technology suppliers worldwide.

    www.cleanteq.com

    http://www.traderdealer.com.au/fundamentals/clq

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    ASX Company News: Decmil Group Secures 5 Year Contract With Rio Tinto

    Thursday, February 9th, 2012

    Decmil Group Limited (DCG) is pleased to announce its wholly-owned subsidiary, Decmil Australia Pty Ltd, has secured a milestone five-year framework agreement with Rio Tinto’s Iron Ore business. Rio Tinto is investing more than US$18 billion in the next five years to expand its iron ore operations in the Pilbara, Western Australia, in two major stages, from current capacity of 225 million tonnes per annum (Mt/a) to 283 Mt/a in 2013 and to 353 Mt/a in 2015. The agreement places Decmil Australia in a preferred contractor position for civil works for the Western Stream of RTIO’s 333 Programme. It formalises the ongoing long-term relationship between the organisations and positions Decmil in an early contractor involvement role. Under the agreement, Decmil and Rio Tinto have agreed to work together to deliver mutual benefit through the guaranteeing of available resources – both equipment and workforce – in a timely manner by Decmil; while ensuring Rio Tinto can adhere to its scheduling of projects for the 333 Programme.

    DGL Chief Executive Officer Scott Criddle said, “the preferred contractor agreement that Rio Tinto has entered into with Decmil Australia reflects the strength of the relationship between the two companies. The long term nature of this agreement provides both organisations with greater certainty in long-term planning. “This agreement also represents a continuation of our strategy of securing recurring revenue streams with key clients in key sectors.”

    www.decmil.com.au

    http://www.traderdealer.com.au/fundamentals/dcg

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    ASX Company News: Clough Secures $140 million LNG Project Contract

    Wednesday, February 8th, 2012

    Engineering and construction company Clough Limited (CLO) announced that the BAM Clough Joint Venture has received a Letter of Intent (LOI) from JGC Corporation, KBR and Chiyoda Corporation joint venture (JKC JV) for a contract valued at $A140 million. The scope of work involves the design and construction of the Ichthys LNG Project Module Offloading Facility (MOF) near Darwin, Northern Territory. The MOF will be constructed as part of the INPEX-operated Ichthys LNG facility being developed in Darwin. It is a key facility that will be used to offload modules being supplied under other subcontracts to assemble the LNG liquefaction plant. Under this LOI, expenditure is limited for BAM Clough to the commencement of engineering, procurement and planning work for the project. Construction activities for the MOF are scheduled to commence in early 2013 with MOF project completion anticipated in early 2014. At peak the MOF project will employ a workforce of 130.

    Clough’s Chief Executive Officer Kevin Gallagher said “This award represents further growth in our near shore marine construction business, delivered through our long- term joint venture BAM Clough. We are delighted to further strengthen our relationship with valued partner BAM, and are excited at the prospect of delivering excellent project outcomes for the JKC JV and ultimate client INPEX.”

    Established in 1919, Clough delivers an integrated Engineering, Procurement and Construction service to oil and gas and mineral resources projects primarily in Australia and South East Asia. The Group’s services range from concept development through design, construction, installation, commissioning, operations and maintenance. BAM International brings the construction and construction-related services of the Dutch based Royal BAM Group to Africa, Australia, the Middle East and Gulf States, Asia Pacific and the Americas. These services include general building, marine works, infrastructural and industrial projects.

    www.clough.com.au

    http://www.traderdealer.com.au/fundamentals/clo

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    ASX Company News: Mining Projects Group Acquire Two New Exploration Permits

    Wednesday, February 8th, 2012

    Mining Projects Group Limited (MPJ) announces it has executed a binding Heads of Agreement to acquire two prospective Exploration Permits for Coal applications (EPCAs) north and east of Kingaroy, Queensland. MPJ has reviewed a number of coal projects over the preceding two quarters. The Company will continue to seek further opportunities to develop a prospective portfolio of coal projects. The HoA entered into by MPJ is to acquire 100% of Delcarmen Energy Limited for $1 million with consideration for the acquisition to be completed on a 50:50 equity and cash basis. Delcarmen has filed two EPCA’s north and east of Kingaroy (applications for EPC 2527 & EPC 2528), approximately 170kms west of Brisbane.

    The $1 million consideration for the acquisition will be paid on the following basis – non refundable deposit of $20,000 paid on execution of the HoA; $80,000 to be paid on completion of the acquisition of Delcarmen; 12,500,000 performance shares will be issued on completion of the acquisition of Delcarmen, each of the performance shares will convert to an ordinary fully paid share, at 2 cents per share, in the Company upon the later of completion of the acquisition of Delcarmen or the grant of EPCA 2527; $200,000 to be paid on the later of completion of the acquisition of Delcarmen or the grant of EPCA 2527; 12,500,000 performance shares will be issued on completion of the acquisition of Delcarmen, each of the performance shares will convert to an ordinary fully paid share, at 2 cents per share, in the Company upon the later of completion of the acquisition of Delcarmen or the grant of EPCA 2528; $200,000 to be paid on the later of completion of the acquisition of Delcarmen or the grant of EPCA 2528; milestone payment of $250,000.

    www.miningprojectsgroup.com.au

    http://www.traderdealer.com.au/fundamentals/mpj

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    ASX Company News: Leighton Awarded $1 billion Mining Contract

    Wednesday, February 8th, 2012

    Thiess Pty Ltd, a subsidiary of Leighton (LEI), has been awarded a six-year mining contract to extend mining operations at OZ Minerals’ Prominent Hill Copper and Gold Mine in South Australia. With an expected cumulative value of $1 billion, the contract award ensures that Thiess will undertake the mining operations for OZ Minerals until 2018. Thiess is well underway in the planning, training and implementation of the ramp-up which requires a substantial expansion of Thiess’ existing operation, peaking at five fleets of large mining equipment.

    Thiess’ Managing Director Bruce Munro is very pleased with the outcome for both OZ Minerals and Thiess. “This contract is recognition of Thiess’ strong partnership with OZ Minerals, a relationship built since 2006 when Thiess undertook the construction of infrastructure and then the mining for the greenfield operation at Prominent Hill,” Mr Munro said. Executive General Manager of Thiess’ Australian Mining Michael Wright says the expansion requires Thiess to employ an additional 170 people over coming months with the total open pit mining workforce expected to peak at 550 people. “We have been very successful with our operations at Prominent Hill, with a strong focus placed on employing and training local people, and on ensuring we have a diverse workforce with a strong culture,” Mr Wright said.

    Thiess’ $2.8 billion mining business in Australia and overseas provides turnkey services for mine owners, including mine development and approvals, mine planning, infrastructure design and construction, technical services, plant procurement and maintenance, and all facets of mining operations. The Prominent Hill operations are a crucial part of Thiess’ business. Thiess has an annual turnover of $7 billion and $22 billion work in hand. With over 19,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly owned subsidiary of Leighton Holdings Limited.

    www.thiess.com.au

    http://www.traderdealer.com.au/fundamentals/lei

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    ASX Company News: Humanis Group Acquires DLA Consulting Group

    Tuesday, February 7th, 2012

    International recruitment and labour hire specialists, Humanis Group Limited (HUM) is pleased to announce that it has acquired the DLA Consulting Group, an award-winning specialist insurance and financial services recruitment company, based in Melbourne. DLA Consulting provides recruitment solutions to clients and candidates across Australasia, Asia Pacific and the Middle East and is expected to complement the existing services provided by the Humanis Group.

    DLA Consulting was ranked as a Top 10 place for executive search by Business Bulletin Magazine and has received ‘Highly Commended’ status from the Australian Achievers Award for over 10 years. Ms Denise Lock, Managing Director of DLA Consulting, received the Inaugural Service Award from the Australian & New Zealand Institute of Insurance & Finance for her significant contribution to the industry. “DLA Consulting is a strategic addition to the Humanis brand portfolio and will enable Humanis to grow its insurance and financial services portfolio. There are significant synergies between DLA Consulting and the Humanis Group and we will work together to provide DLA Consulting greater leverage nationally and internationally,” said Mr Rabieh Krayem, Humanis Group Managing Director.

    Humanis Group Limited (HUM) is a specialist labour hire, professional placement and international recruitment firm with annual revenues expected to reach $450 million in FY12. The merged Group has an operational capacity spanning Australia, New Zealand and the Philippines, servicing a high-quality client base of principally ASX Top 200 companies. The Group has core capabilities encompassing temporary, permanent and international recruitment and significant exposure to key growth sectors in the market with a focus on the skills-and-labour constrained industries, including energy (coal and oil & gas), resources, transport, logistics and financial services.

    Humanis Group is in a position to expand their existing offshore recruitment business and consolidate its presence in industry sectors with chronic skills shortages. Humanis Group will continue to develop its national footprint and broaden its geographical reach throughout Australia.

    www.humanis.com.au

    http://www.traderdealer.com.au/Fundamentals/hum

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    ASX Company News: Cardno Acquires ATC Associates

    Tuesday, February 7th, 2012

    International infrastructure services consultancy, Cardno Limited (CDD) announced that it has agreed to acquire ATC Associates Inc., a Louisiana, U.S.A. based environmental services firm. ATC Associates is a 1600 person consulting firm with specialist expertise in environmental consulting and services, building sciences, geotechnical engineering and construction materials testing (CMT). The acquisition is expected to contribute approximately US$130 million in revenue and US$16 million in EBITDA over the next 12 months.

    Cardno will pay US$106 million for the purchase of ATC which includes payment of US$101 million on settlement and a US$5 million holdback to be paid in 18 month’s. The transaction is expected to be effective 1 March 2012. The acquisition of ATC will be funded through a A$45 million Placement combined with a 1 for 9 Renounceable Rights Issue to existing shareholders which will raise an additional A$66 million approximately. The transaction is subject to customary closing conditions including approval of the Committee of Foreign Investment in the United States, due to a small amount of security level work for the U.S.A.

    Cardno Managing Director, Andrew Buckley commented that in line with Cardno’s proven strategy, ATC’s key management will remain active in the company, which will be known as Cardno ATC. Mr Buckley said the addition of Cardno ATC will further strengthen Cardno’s exposure to the U.S.A. environmental and natural resources management market and is highly complementary to Cardno’s existing businesses in the U.S.A. He further noted that this cements Cardno’s position as one of the largest environmental consulting firms in the U.S.A. Mr Buckley added that ATC will provide Cardno with broader access to key U.S.A. clients such as oil, gas and energy companies and major U.S.A. contractors and retail groups. Integral to ATC’s core strength and reputation has been the company’s ability to successfully deliver a broad range of environmental services to major clients through multi-year master service agreements.

    Cardno is an integrated professional services provider, delivering the specialist expertise necessary to create and improve the physical and social infrastructure that underpins communities around the world. Cardno’s team includes leading professionals who plan, design, manage and deliver sustainable projects or community programs.

    www.cardno.com

    http://www.traderdealer.com.au/Fundamentals/cdd

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    ASX Company News: Pro-Pac Packaging Acquires Hills Industrial Products

    Tuesday, February 7th, 2012

    ASX listed national packaging group, Pro-Pac Packaging Ltd (PPG) announced the purchase of the business and assets of Hills Industrial Products. Hills is a Sydney based distributor of industrial packaging, safety and warehouse products, providing a comprehensive range of products to diverse businesses and industries. Hills have developed a unique value proposition that differentiates it from most other distributors by selling direct via a catalogue and a newly launched online ordering system. Over the past 5 years Hills has developed significant intellectual property in the creation of comprehensive catalogues and mailing lists. The business has had consistent annual growth since inception with a current annualized turnover in excess of $7.5m and complements Pro-Pac’s existing product and customer profiles. The purchase consideration will be funded from Pro-Pac’s existing cash resources and debt facilities.

    Commenting on the acquisition, Pro-Pac’s CEO, Brandon Penn, said “the purchase of Hills is a very exiting opportunity to take this successful NSW business model national through our existing national infrastructure. Hills have developed significant intellectual property and business methodologies that we will be able to leverage on and which will give us new sources of revenue streams. Hills will be run as a separate sales unit and brand but will utilise Pro-Pac’s existing back end and logistics infrastructure.”

    Pro-Pac Packaging Limited is a diversified manufacturing and distribution company, providing innovative, flexible and rigid packaging solutions for a broad group of customers. PPG is headquartered in Sydney with operations in Adelaide, Brisbane, Melbourne and Perth.

    www.ppgaust.com.au

    http://www.traderdealer.com.au/Fundamentals/PPG

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    ASX Company News: GoConnect To Supply Free Wifi at Melbourne Train Stations

    Monday, February 6th, 2012

    Netbay Internet Pty Ltd has advised GoConnect Ltd (GCN) that Netbay has executed an agreement with Metro Trains Melbourne Pty Ltd (MTM) for Netbay to be the operator of a free Wifi (Wireless Internet) service on MTM operated train station platforms in Melbourne City. MTM is the operator of train services in Melbourne and Netbay is an ADSL 2 + broadband service provider based in Melbourne.

    According to today’s report in the Herald Sun news, More than 100,000 commuters a day will have free WiFi access at Flinders St Station in Melbourne City from next month. Metro spokeswoman Geraldine Mitchell said if the three-month trial proved a hit, free Internet access would be rolled out to all stations on the City Loop. Melbourne City will be the first city in Australia to be connected with free WiFi service on train station platforms and this is supportive of the goals of the Future Melbourne Plan of the City of Melbourne, to be a knowledge city, a creative city and a connected city. With daily commuter traffic of over 500,000 people, upon full penetration, the Metro Netbay free WiFi Network will have monthly users cumulatively of over 15 million people, representing a new and significant online platform for the promotion of and communication for the City of Melbourne, both for visitors to Melbourne and for residents, businesses and merchants in the City of Melbourne.

    www.goconnect.com.au

    http://www.traderdealer.com.au/fundamentals/gcn

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