Cement News tagged under: Chile
Chile’s CBB lays out investment plan29 April 2019, Published under Cement NewsIn its AGM Chilean cement producer CBB has highlighted the recent inauguration of its Arica cement plant in northern Chile and presented the company’s further investment projects. Representing an investment of US$20m, the company plans a 0.2Mt cement plant in Arequipa, Peru, with an option to expand the unit at a later date. "We are very satisfied with both projects, part of the Transforma 2021 Strategic Plan, as it allows us to strengthen our position in the markets of northern Chile and... |
Cbb inaugurates new 0.2Mta Arica plant05 April 2019, Published under Cement NewsCbb (formerly known as Cementos Bío Bío) has inaugurated its new 0.2Mta cement plant in Arica, northern Chile in the presence of Chile’s Minister of Economy, José Ramón Valente. The project represents an investment of US$16m and is the company’s fifth production unit – in addition to plants in Antofagasta, San Antonio, Teno and Talcahuano. In addition to the kiln line, it includes 1100m2 of green areas. While some of the output will be delivered to the local market, the company has also ... |
Chilean cement sales up 8% in January13 March 2019, Published under Cement NewsCement sales in Chile, excluding imports, advanced by 7.6 per cent to 350,122t in January 2019 when compared to January 2018. In January 2018 sales by domestic producers reached 325,288t, according to the Chilean Chamber of Cement and Concrete (CChC). |
Chilean cement demand edges up in December 201806 March 2019, Published under Cement NewsCement consumption in Chile increased 2.8 per cent from 359,116t in December 2017 to 369,291t in December 2018, according to the Chilean Chamber of Cement and Concrete (CCHC). In terms of full-year 2018, domestic demand remained largely stable at 3.993Mt in 2018 when compared with 3.995Mt reported in 2017. Consumption levels in December, as in May, June, August and October, increased YoY, helped to offset a poorer performance in the other months. |
Cementos Mélon reports profit up 9% in 201818 February 2019, Published under Cement NewsCementos Mélon saw an 8.9 per cent increase in profits to CLP9.067bn (US$13.7m) in 2018 but EBITDA fell 2.9 per cent to CLP28.572bn. The fall was attributed to lower sales of cement and concrete as well as a rise in raw material costs. The Chile-based cement producer reported a 4.5 per cent rise to CLP191.347bn from CLP193.014m in 2017. |
Cementos Bio Bio announces new plant in Peru29 January 2019, Published under Cement NewsChile's Cementos Bio Bio has announced that it will invest approximately US$20m in the construction of a new grinding plant at the Port of Matarani in southern Peru. The plant's cement capacity is initially expected to reach 200,000tpa, however this could be doubled in a second stage of development. The project has already received the required permits and therefore, the company expects to begin construction work this year, with operations expected to begin in 2020. According to Cementos... |
Cemento Polpaico reports CLP2.1bn loss in 201828 January 2019, Published under Cement NewsChilean cement producer Cemento Polpaico, in which the Hurtado Vicuña family holds the controlling stake, has reported net losses of CLP2.139bn (US$3.2m) in 2018, exacerbating net losses of CLP1.043bn m noted the previous year. The company revenues increased 23.1 per cent YoY to CLP166.549bn in 2018 from CLP135.326bn in 2017. However, while gross profits increased 29.9 per cent to CLP55.23bn, “Other profits/losses” noted a loss of CLP9.869bn. In addition, the company also faced relatively h... |
Chile's Colbun to supply renewable power to Polpaico27 December 2018, Published under Cement NewsCemento Polpaico SA (Chile) has signed a long-term renewable power supply contract with local power company Colbun. Through the agreement, Colbun will supply a total of 183GWh of renewable electricity per year to Polpaico. The contract, will run for a term of 10 years starting from January 1, 2019. Initially, Polpaico will receive power for its Cerro Blanco and Coronel plants, that represent 93 per cent of its total demand. In 2022 more facilities will be added, thereafter fulfilling 100 p... |
Cementos Melón to invest in new capacity18 December 2018, Published under Cement NewsChile-based Cementos Melón has announced that it will open a new cement facility in Punta Arenas in the first half of 2020. The first stage of construction will see an investment of US$30m, with an expected capacity of 0.5Mta. "To date, Cementos Melon has customers to whom it supplies bagged cement, distributed by sea from its other plants in the country. Here in the area [Magellanes] we have 10 clients and we hope that being here with our new plant we will add hundreds," said Jorge Eugen... |
Chilean cement dispatches down 8% in September12 December 2018, Published under Cement NewsCement deliveries in Chile fell 7.5 per cent YoY and 10.8 per cent MoM to 307,015t in September 2018, according to the Chilean Chamber of Construction (CCHC). In September 2017 dispatches reached 331,753t while in August 2018 around 344,084t were delivered by Chilean cement producers. |