CSR chairman John Gillam warns that more manufacturers will leave Australia becasue of high energy prices.
CSR operates 40 manufacturing sites and has a 25 per cent stake in the Tomago aluminium smelter.
Julie Coates will start in September as the new CSR managing director.
The chairman of building products group CSR has warned that more manufacturing industries will leave Australia because of high gas and electricity prices, which is a huge hindrance to local manufacturers paying the same gas price as Asian rivals with no gas reserves.
John Gillam, the former boss of hardware giant Bunnings, became chairman of CSR last year and said more needs to be done on energy reliability and affordability, alongside the impact of carbon emissions and climate change.
Loading...
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
