Cementos Bío Bío sells Peruvian subsidiary
Chile’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 ...
Chile
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Cemento Polpaico sees CLP4bn net profit in 1H18
Chilean cement producer Cemento Polpaico reported a 32.2 per cent increase in revenues to CLP82.114bn (US$120,143m) in 1H18 from CLP62.118bn.
Chilean research team doubles cement performance
A group of researchers of the Department of Engineering and Construction Management at the Universidad Católica (UC) has reported doubled the performance of cement materials thr...
Cementos BSA signs renewable energy contract with Engie
Chilean 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 ne...
Cementos Bío Bío to start production at Arica grinding plant
Chile’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 ...
Fancesa gears up for exports to Paraguay, Argentina and Chile
Bolivian 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 lin...
Melón sees 12% rise in 1Q earnings
Chile-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 Finan...
Cementos Bío Bío launches 2021 strategic plan
As 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 pla...
Cemento Polpaico slips into loss
Chile’s Cemento Polpaico informed the country’s Financial Markets Commission (CMF) it registered losses of CLP1.042bn (US$1.74m) in 2017.
Hurtado Vicuña looking for merger support
Chilean holding Grupo Hurtado Vicuña will seek support from small shareholders for a merger of its Cementos Bicentenario (BSA) with Cementos Polpaico.