ASBESTOS UPDATE: CSR to Review AU$55Mil Compensation Provision

CSR Limited will check its AU$55 million provision for asbestos compensation as it decides how to deploy the AU$1.66 billion net proceeds from the sale of its Sucrogen sugar business, The Sydney Morning Herald reports.

On July 5, 2010, the Company…

ASBESTOS LITIGATION: CSR Ltd. to Address Asbestos Exposure Cases

CSR Limited says that it will ensure there are enough funds available to meet asbestos-related compensation liabilities before it will proceed with the proposed demerger of its two main divisions, The Age reports.

On June 17, 2009, the Company announced its…