Cement News tagged under: Cemento Melón
Cemento Melón signs UN Global Compact20 February 2023, Published under Cement NewsCemento Melón recently signed the UN Global Compact, the largest corporate sustainability initiative in the world, and has become the first Chilean cement producer to do so. For the executive director of the Global Compact in Chile, Margarita Ducci, the incorporation of Cement Melón "is very relevant since it sets a standard for the industry and illuminates other companies in the field to join." “We are proud to be admitted to the Global Compact, after a process in which it is evaluate... |
Cemento Melón expects to bring online Punta Arenas plant by June08 March 2021, Published under Cement NewsChile-based Cemento Melón expects to see its new US$30m Punta Arenas grinding plant to be commissioned by June 2021, reports La Prensa Austral. The plant is located 8.5km north of Punta Arenas in Chile’s most southern region and has a production capacity of 250,000tpa. If the market requires it, an expansion to double this initial capacity will be considered, according to Iván Marinado, Cemento Melón’s general manager. While the company has been present in the Magellanes region for some ti... |
Melón and Enel Generación sign renewable energy contract24 February 2021, Published under Cement NewsChile-based Cemento Mélon has signed a contract with Enel Generación for the supply of clean and renewable energy in four of Mélon’s operations: the La Calera, Ventanas and Puerto Montt cement plants and the San Bernardo aggregates facility. The signed agreement will run until 2043 and includes the supply renewable energy from wind, solar, geothermal or hydropower with the option to expand this to more Melón sites in the future, reports Electricidad. ‘We have state-of-the-art technologies... |
Cemento Melón to sell concrete products business07 May 2020, Published under Cement NewsCemento Melón has announced it will divest its concrete products business and has signed an agreement with Grau SA to sell 49 per cent of its concrete prefabrication shares. The divestment will enable the Chilean cement producer to wholly focus and strengthen its key businesses of cement, concrete and sand. Pedro Grau of Grau SA said the company “understood the strategic decision of Melon to relinquish its stake, a step that is lamentable as we value the permanent contribution of its direct... |
Melón sees 12% rise in 1Q earnings24 May 2018, Published under Cement NewsChile-based Cemento Melón has increased its first-quarter earnings by 12 per cent to US$7m when compared with 1Q17, despite lower cement sales volumes, according to Diario Financiero Online. The company’s revenues edged up by one per cent to US$83m. Sales volumes fell by 6.5 per cent but the company attributed the higher earnings to “the implementation of operational excellence plans that have meant lower production costs in the different plants, a lower exchange rate and a greater focus o... |
Cemento Melon reports 14% decrease in 2017 sales20 February 2018, Published under Cement NewsChile’s Cemento Melon saw its sales decrease by 14 per cent to US$298m in 2017 from US$345m in 2016. The company’s profit declined 54 per cent to US$14m from US$30m in 2015 due to lower sales of cement and concrete. The company has attributed the slide by the poor performance of the country’s construction sector, which contracted by three per cent. |
Cemento Melon sees 57% 3Q profit drop30 November 2017, Published under Cement NewsCemento Melon, Chile, reported a 56.8 per cent drop YoY in profits to CLP5bn in 3Q17. Sales have fallen 13.6 per cent to CLP136.5bn when compared with the year-ago period, when revenues reached CLP108.669m. The cement producer has attributed the decrease to a contraction in the construction market. The company, which is owned by the Peru-based Brescia Group, said the fall in sales has been partially offset by a greater focus on margins and the introduction of operational efficiency pl... |
Chile's three largest cement producers sees 1H sales rise 3.7%27 September 2016, Published under Cement NewsChile's top three cement companies - Cemento Melon, Cementos Polpaico and Cementos Bio Bio - recorded a 3.7 per cent YoY rise in sales to CLP339.82bn (USD510.48m) in the first six months of 2016. This represents the lowest growth rate in three years. Cementos Bio Bio's sales increased 6.6 per cent to CLP151.9bn as it was affected by the economic slowdown. Cementos Polpaico posted sales of CLP75.92bn, an advance of two per cent when compared with 1H15, on the back of better pricing as volum... |
Chile: Cemento Melon sees 310% 9M14 profit surge28 November 2014, Published under Cement NewsChilean cement producer Cemento Mélon has reported a 310 per cent YoY rise in pretax profits from CLP1.077bn (US$1.79m) to CLP4.855bn in the first nine months of 2014, according to ValorFuturo news service. However, revenues fell by six per cent to CLP142.793bn from CLP151.956bn over the period. Nevertheless, the cost of sales came in at CLP95.1bn, about five per cent lower than the figure recorded for 9M13 (CLP100.6bn). |
Cemento Melón selects River Logic to integrate business planner solution04 July 2014, Published under Cement NewsRiver Logic Inc, a provider of prescriptive analytics software, announced Chilean producer Cemento Melón will implement an Integrated Business Planning solution based on its Enterprise Optimiser® (EO) prescriptive analytics platform. The implementation will be led by River Logic Chile, a professional services company that has partnered with River Logic to deliver value chain optimisation solutions in Latin America. The Integrated Business Planner™(IBP) solution will allow Cemento Melón to... |
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