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Vicat publishes business activity update 24 June 2020
France: Vicat says that group business activity increased month-on-month between April and May 2020. In a special update on business in the context of the coronavirus, the company said that the outbreak’s impacts varied across the 12 countries in which it operates, all of which locked down due to the pandemic.
In France, the level of business is “slightly lower” than in May 2019 following a steady recovery from a “strong slowdown in mid-March 2020.” Macroeconomic and competition issues continue in Egypt and Turkey, not however due to the coronavirus outbreak, while volumes and prices have generally increased in Switzerland, the US, Brazil and Western Africa, except in Senegal, where the government has cancelled infrastructure projects. Following the pan-Indian lockdown between 24 March 2020 and 17 April 2020, business in India has resumed, albeit at a “level significantly below that of the same period of 2019.”
The group says that it is planning cost-cutting measures and has postponed a planned US price rise to late 2020.
Spain: LafargeHolcim España has announced the launch of a range of mortars specially suited to use in 3D printing. EN News has reported that the range, called Tector 3D build, includes cement and natural hydraulic lime mortars. The company says that the products can sustain pressures of up to 90MPa for high-speed application. It is collaborating with construction companies to apply the products to 3D printing in large residential and energy infrastructure projects
Sweden: Germany-based BHS-Sonthofen has announced its supply of a twin-shaft DKXS 4.0 batch mixer for Tecwill as part of the 1100-turbine Markbygden Wind Farm in Norrbotten County. The mixer produces 4m3 of fibre concrete per batch and allows for casting up to three windmill bases per day. Tecwill has supplied a mobile concrete batching plant to the project consisting of five aggregate bins, four cement silos, a fibre dosing module and turbo-heating container including a buffer tank for cold water.
Turkmenistan: President Gurbanguly Berdimuhamedov has signed a degree announcing the start of phase two of construction of the Baharden and Lebap cement plants in July 2020. Turkmenistan Today State News Agency has announced that the decree permits the Ministry of Industry and Construction to conclude contracts with Beyik-Bina for construction of the Baharden plant and with Turkmen Enjam for construction of the Lebap plant, each with a 1.0Mt/yr integrated capacity. Both projects are scheduled for completion in 2020.
James Hardie revises fourth quarter guidance 23 June 2020
Australia: James Hardie has revised its guidance for the quarter ending 30 June 2020, the fourth quarter of the Australian fiscal year 2020, following “improved housing market activity, particularly in North America.” Australian Associated Press – Financial News has reported that James Hardie has revised its North American fibre cement boards volumes growth estimate to 1% year-on-year from a 3% drop previously. It expects Australian volumes to remain constant year-on-year, as previously predicted, and European volumes in the quarter to fall by 13%, rather than by 16%.