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Fuchs and BASF collaborate on hydraulic fluid lifecycle analysis

29 April 2020

Germany: Lubricants specialist Fuchs has announced its collaboration with chemicals company BASF in performing a cradle-to-grave analysis of different mineral oil hydraulic fluids that takes into account all environmental and economic aspects of their lifecycle. The study concluded that high performance multigrade hydraulic oil (HVLP) has a lower environmental impact and lower overall cost than monograde hydraulic oil (HLP). Fuchs said, “This advantage is mainly based on an improved diesel fuel economy throughout the use phase - primarily due to improved volumetric fluid efficiency, lower friction and lower fluid mass circulation ratio.”

Fuchs and BASF both supply lubricants and chemical products to the cement industry.

Published in Global Cement News
Tagged under
  • Germany
  • Fuchs
  • BASF
  • BASF Construction Chemicals
  • Lubricants
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  • GCW453

Anhui Conch cement reports on first quarter of 2020

28 April 2020

China: Anhui Conch’s profit in the first quarter of 2020 was US$690m, down by 19% year-on-year from US$860m in the corresponding period of 2019. Sales fell by 24%, to US$3.28bn from US$4.31bn. The coronavirus outbreak in China impacted the results, notably through decreased sales volumes and a 190% increase in financial expenses due to devaluation of the local currency.

Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Results
  • Profit
  • Sales
  • coronavirus
  • volumes
  • currency
  • GCW453

Ambuja Cement’s first quarter profit dips in 2020

28 April 2020

India: Ambuja Cements’ profit in the first three months of 2020 was US$52.4m, down by 6.5% year-on-year from US$56.2m in the corresponding period of 2019. Sales were US$3.72bn, down by 3.4% from US$3,86bn. The company said the shutdown of all plants in March 2020 due to the coronavirus pandemic ‘impacted operations.’ It added, “Taking into account directives from the government, operations at a few plants have commenced in a phased manner since 20 April 2020.’

Ambuja has said that together with ACC it has donated US$434,000 to non-governmental organisations (NGOs) to provide food and ration kits to vulnerable people affected by the coronavirus outbreak. LafargeHolcim CEO India and Ambuja Cements managing director and CEO Neeraj Akhouray said, “Collaborative models are more effective in both containment of the disease as well as support for those whose livelihood and even survival is at risk. We believe that our contributions to these NGOs that are delivering grass-roots relief measures, coupled with our own companies’ efforts on ground working with local communities, will greatly accelerate the scale and impact we will have.”

Published in Global Cement News
Tagged under
  • India
  • Ambuja
  • Results
  • Profit
  • Sales
  • ACC
  • coronavirus
  • nongovernmental organisation
  • Donation
  • GCW453

FLSmidth’s first quarter revenue rises in 2020

28 April 2020

Denmark: FLSmidth’s revenue in the first three months of 2020 was Euro607m, up by 2.5% year-on-year from Euro592m in the corresponding period of 2019. FLSmidth’s cement division’s sales were Euro240m (40% of total revenue), down by 2.6% from Euro246m. The company said that the coronavirus outbreak impacted results, especially in March 2020, when ‘customer hesitation on large investments intensified, particularly in cement,’ and customers increasingly deferred large investments. It added, “Demand for spare and wear parts is relatively stable, whereas technical services are challenged by restricted access to sites.”

FLSmidth says that it aims to ‘carry out business as usual’ throughout the coronavirus outbreak, with an increased reliance on ‘remote monitoring, maintenance and support.’

FLSmidth’s 2020 financial guidance remains suspended.

Published in Global Cement News
Tagged under
  • Denmark
  • FLSmidth
  • Supplier
  • Results
  • Sales
  • coronavirus
  • Service
  • Investment
  • Maintenance
  • GCW453

TimluyCement receives new excavator

28 April 2020

Russia: TimluyCement has received a Hyundai Robex 210W-9S excavator at its 0.8Mt/yr Timluisky plant. The vehicle replaces the plant’s Twex EK-14. The new excavator is equipped with a bulldozer blade, outriggers and a hydraulic line for attachments and has a bucket capacity of 1.1m3. A Webasto pre-heater will warm up the engine before starting it in the cold season, increasing service life. TimluyCement managing director Vladimir Klichko said, “The modernization of the fleet of special equipment is an integral part of our production process. By acquiring high-performance, reliable vehicles, we increase work efficiency, minimise operating costs and also improve the working conditions of our employees.”

Hyundai previously provided the Timluisky plant with front-end loaders.

Published in Global Cement News
Tagged under
  • Russia
  • TimluyCement
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  • vehicle
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  • Hyundai Sungwoo
  • frontend loader
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