Cemento Melón sees net loss in 9M24
Cemento Melón posted a 2.1 YoY per cent drop in revenue to CLP180,309.39m (US$184.3m) in the 9M24. Operating costs increased by 6.8 per cent YoY to CLP133,468.444m, driven mainl...
Chile
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Yura improves Cementos Bío Bío offer
Following Mississippi Lime Co’s US$500m offer for a stake in Chile-based cement producer Cementos Bío Bío, Grupo Gloria-owned Yura has improved its initial offer of CLP1092.10 (...
US group offers US$500m for Cementos Bío Bío
Chile-based Cementos Bío Bío revealed that on 29 May it received an offer from US group Mississippi Lime Co to acquire 100 per cent of the company and that the shareholders are ...
Yura announces bid to acquire stake in Cementos Bío Bío
Yura Chile SA, part of Peru's Yura (Gloria Group), has announced the start of a public offer for the acquisition of shares in Chile to purchase a stake of up to 20.059 per cent ...
Cemento Polpaico sees 13% in 2Q revenue
Chile-based Cemento Polpaico has reported a revenue of CLP75,974.55m (US$83.1m) in the second quarter of 2024, down 12.7 per cent when compared with CLP87,062.56m in the year-ag...
Cementos Bio Bio reports sees 2Q profit surge
Chile-based Cementos Bio Bio SA (CBB) reported sales of CLP84.283bn (US$92.2m) in the second quarter of 2024, up 2.1 per cent from CLP82.569bn in the year-ago period. Profit bef...
Unacem US shipments surge in 2Q24
Peru-based Unacem saw its shipments jump by 96.4 per cent YoY to 324,000t in the 2Q24 following its acquisition of the Tehachapi cement plant in California, USA. "This significa...
CBB posts 132% surge in 1Q income
Chile-based CBB reported sales of CLP97,781.67m (US$102.83m) in the 1Q24, up 11.1 per cent from CLP87,989.15m in the equivalent period of the previous year. In the 1Q24 EBITDA r...
Cemento Polpaico reports CLP4722.8m loss in 2023
Chile-based Cemento Polpaico SA , part of the Hurtado Vicuña Group , posted a loss of CLP4722.8m (US$4.81m) in 2023, compared with a CLP3921m profit in 2022. Revenues fell 7.4 p...
Freehill Mining to supply Cementos Melón
Australia-based Freehill Mining Ltd has secured a purchase order from Chile’s Cementos Melón with a gross sales value of approximately US$185,000. The purchase order is for the ...