Cement News tagged under: Chile
Cementos Polpaico swings into black in 9M1826 November 2018, Published under Cement NewsChile-based Cementos Polpaico has reported revenues of CLP121.321bn (US$ 179.8m) in January-September 2018, representing a 25.9 per cent YoY increase. In addition, the company has achieved a rise in net profits to CLP3.15bn, a considerable improvement when compared with losses of CLP2.281bn in the previous-year period. In a year, the cement producer renewed its brand image and presented a new corporate image that is part of its development strategy following the entry of the Hurtado Vi... |
Cementos Melon completes plant expansion19 November 2018, Published under Cement NewsChile-based Cementos Melon has completed the expansion of its Puerto Montt cement plant following an investment of US$25m. The project doubles the facility’s cement capacity to 0.6Mta and will enable the company to better serve the local markets. The Puerto Montt facility supplies the markets between Araucania and Magallanes, south of Santiago and will support infrastructure development in southern Chile. "After 10 years, the market in the area forced us to expand the production of our p... |
Cementos Bío Bío sells Peruvian subsidiary11 October 2018, Published under Cement NewsChile’s Cementos Bío Bío has sold its Peruvian subsidiary, Cementos Portland, in a transaction valued close to US$14m, according to La Tercera. The departure means that it will no longer be participating in a project with Brazil’s Votorantim Cimentos to construct a plant in Lima, which has reportedly faced a number of difficulties concerning market rivals. A further two projects that the company had planned in Peru, one concerning cement and the other lime, will remain unfulfilled after th... |
Cemento Polpaico sees CLP4bn net profit in 1H1803 September 2018, Published under Cement NewsChilean cement producer Cemento Polpaico reported a 32.2 per cent increase in revenues to CLP82.114bn (US$120,143m) in 1H18 from CLP62.118bn. The company has attributed the higher operating revenues mainly to an increase in cement and concrete sales volumes, driven by an uptick in economic activity during the first six months of 2018, compared with 1H17. However, distribution costs went up from CLP13.3bn to CLP17.7bn as a new law of manual handling loads affected working practices. ... |
Chilean research team doubles cement performance15 August 2018, Published under Cement NewsA group of researchers of the Department of Engineering and Construction Management at the Universidad Católica (UC) has reported doubled the performance of cement materials through an innovative use of solid waste extracted from copper mining tailings. The findings are a step towards the reduction of the environmental impact of cement production as well as the waste from copper mining activity. The team analysed the technical feasibility of creating these materials through innovative use ... |
Cementos BSA signs renewable energy contract with Engie08 June 2018, Published under Cement NewsChilean cement producer Cementos BSA has signed an agreement with energy firm Engie Energía Chile, which will supply 35GWh per year of renewable energy, according to business newspaper Estrategia. With the contract Cementos BSA becomes the first company in Chile to source its energy from solar and hydropower sources and achieve the international I-REC certification, which confirms efforts made by industry to reduce its carbon footprint. "For Cementos BSA, having the most modern cement p... |
Cementos Bío Bío to start production at Arica grinding plant07 June 2018, Published under Cement NewsChile’s Cementos Bío Bío is expected to start production at its Arica grinding facility by September of this year, according to Economía y Negocios. Guido Sepúlveda, manager of the company’s cement sector, confirmed that the plant will supply the markets of Tarapacá and southern Peru. "It is very important for us to get to Arica, an area we were attending from Antofagasta, and we are currently in the process of building the plant, and then starting the assembly work," he said. The wo... |
Fancesa gears up for exports to Paraguay, Argentina and Chile06 June 2018, Published under Cement NewsBolivian cement producer Fancesa will carry out market research in Paraguay, Argentina and Chile this year with a view to entering these markets as soon as the company’s new line is up and running in 2019. While the decision to export was taken in January last year, it was not until last February that the company’s President, Eduardo Rivero, confirmed that the negotiations with Paraguay were moving in the final lap. However, it was expected that exports would start this year. Four mon... |
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... |
Cementos Bío Bío launches 2021 strategic plan27 April 2018, Published under Cement NewsAs cement demand in Chile remains muted and the cement industry is restructuring its operations, Cementos Bío Bío is launching its “Transforma 2021” strategic programme. The plan is to develop improved commercial, operational and innovation capabilities and enable the company to maintain its status as a key player. “This transformation that we carry out challenges the traditional model for one that manages to turn the company into a company of the future that sustainably faces the current... |