On 28 October, Rinker Group listed its American Depositary Receipts (ADRs) on the New York Stock Exchange. Rinker Group Chief Executive David Clarke, marked the listing with the ceremonial ringing of the NYSE opening bell, on the floor of the Exchange.
ADRs are securities representing equity ownership in non-US companies, enabling US investors to easily buy and sell stock in non-US companies.
Mr Clarke said the listing was an important step in facilitating Rinker Materials' ongoing growth and the generation of shareholder value in the US: The primary purpose of the listing is to enable US investors to buy the stock, as they can for our US industry peers."
Readymix Holdings in Ballina - on NSW's far north coast - has been involved in a special marine wildlife rescue project with Australian Seabird Rescue (ASR).
Readymix Holdings donates diesel while the Ballina Council sponsors the rescue teams' boat, a Toyota 'Troopy'. Australian Seabird Rescue began in 1992, when the founder noticed a pelican hooked by fishing tackle. Subsequent reconnaissance of estuaries along the coast of NSW revealed an alarming rate of fishing tackle injuries, not only with pelicans but with a host of marine species.
On call 24 hours, and with the ability to mobilise at a moment's notice, ASR volunteers are often called upon by the National Parks and Wildlife Service to assist with the rescue of whales, dolphins and seals along the north coast of NSW. They search beaches, coves and estuaries looking for entangled birds and turtles, covering a distance of over 1500 kilometres from Forster to Byron Bay.
By adopting a proactive approach - that is, by capturing seabirds prior to their injuries/disease becoming life threatening - not only is the suffering of the creatures relieved, but the rehabilitation success rate is extremely high. Of the 585 pelicans rescued, 546 were successfully released back to the wild.
The ultimate goal of ASR is to establish highly trained teams around the entire coastline, equipped with rehabilitation facilities. Trained personnel with appropriate facilities would be located within 'striking distance' of any incident.