Cement News tagged under: Chile
UNACEM acquires Cementos La Union's operations in Chile11 October 2021, Published under Cement NewsSpain-based Cementos La Unión has closed a deal to sell its operations in Chile to UNACEM, following approval from the National Economic Prosecutor of Chile (FNE) last March. The transaction is valued at US$23m, which includes both the value of the purchase and the existing debt of the subsidiary. The acquisition will see the transfer of a 300,000tpa grinding and packing plant located in San Antonio, Valparaíso region, as well as two concrete plants. |
Chile’s cement dispatches advance 21% in August07 October 2021, Published under Cement NewsCement dispatches by Chilean cement producers improved 21.1 per cent to 371,947t in August 2021 from 307,117t in August 2020, according to the Chilean construction chamber, CChC. In the January-August 2021 period, deliveries advanced 24 per cent to 2,879,749t from 2,321,691t in the 8M20. |
Fancesa increases clinker sales to Chile20 September 2021, Published under Cement NewsBolivia-based Fancesa will be delivering an 8000t clinker shipment to Chile, following the 1000t cargo to CBB in the neighbouring state last month, according to Correo del Sur. The company is currently carrying out a study into the sale of clinker and has requested collaboration from the local transport sector, according to Amael España, the company’s legal receiver. “I'm sure the carriers will help us. We have to be competitive by lowering prices and keeping up with international competit... |
Chilean cement deliveries up 56% in July07 September 2021, Published under Cement NewsCement dispatches in Chile advanced 55.5 per cent YoY to 361,956t in July 2021 from a low base of 233,186t in July 2020, according to the Camara Chilena de Construcción (CChC). In July 2019 cement dispatches reached 317,626t. In the first seven months of 2021 an increase of 24.5 per cent to 2,507,802t was reported. This compares favourably with the 2,014,574t in the January-July 2020 period. In the 7M19 cement dispatches were at 2,382,831t. |
CBB sees 67% rise in profit07 September 2021, Published under Cement NewsChilean cement producer CBB (formerly known as Cementos Bío-Bío) reported a 13.9 per cent advance in revenues to CLP134.538bn in the first six months of 2021 from CLP118.124bn in the 6M20. The company’s profit attributable to shareholders increased by 66.7 per cent YoY to CLP7.205bn in the 6M21 from CLP4.323bn in the 6M20. In its cement business the company nearly quadrupled its operating profits, mainly from a low base as COVID-19 impacted cement dispatches in 2020. In its concrete bus... |
Cemento Polpaico sees revenues double in 1H2131 August 2021, Published under Cement NewsChile-based Cemento Polpaico reported a surge in consolidated revenues from CLP76,528m in the 1H20 to CLP152,376m in the 1H21. Profit before tax reached CLP9361m, reversing a loss of CLP8424m in the 1H20. Net profit reached CLP6833m in the 1H21, from a loss of CLP5862 in the 1H20. The results include the consolidation of Cementos Bicentenario. The company’s cement business saw its revenues increase to CLP148,644m in the 1H21 from CLP74,634m in the 1H20 while revenues in its sand business w... |
Chile’s cement market expands 67% YoY in June 202109 August 2021, Published under Cement NewsChilean cement consumption advanced 66.7 per cent YoY in June 2021 to 355,851t when compared with the 233,186t reported in June 2020 and by 21.9 per cent when compared with June 2019, according to the Chilean Construction Chamber, CChC. In the January-June 2021 period, dispatches were up 20.5 per cent YoY to 2,145,846t from 1,781,388t in the 1H20. When compared with the first six months of 2019, when dispatches reached 2,065,205t there was a 3.9 advance. |
Chilean cement demand sees 21% hike in May13 July 2021, Published under Cement NewsChile’s cement market expanded by 21.2 per cent YoY as 353,704t was sold in May 2021 compared with 352,817t in May 2020, according to the Chilean construction chamber, CChC. The January-May 2021 period saw an increase of 14.2 per cent to 1,789,995t when compared with 1,567,886t in the 5M20. |
Chile’s cement market expands 32% in April10 June 2021, Published under Cement NewsCement dispatches in Chile saw a 31.5 per cent hike to 352,817t in April 2021 when compared with 268,319t in April 2020, according to the Chilean Chamber of Construction, CChC. When compared with March 2021 they declined by 8.4 per cent. In the January-April 2021 period total dispatches increased 12.6 per cent to 1,436,291t from the 4M20, when deliveries were at 1,276,105t. |
Chile’s cement demand increases 12% in March19 May 2021, Published under Cement NewsChilean cement consumption saw a 12 per cent YoY hike to 385,276t in March 2021 when compared with March 2020, when demand reached 344,098t, according to the Chilean Chamber of Construction (CChC). When compared with February 2021, consumption edged up by 9.5 per cent. In the first quarter of 2021 demand was up 7.5 per cent to 1.083Mt, compared with 1.008Mt in the 1Q20, which had seen a 6.7 per cent drop vs 1Q19. |