Cementos Bio Bio raises output 8% in 2012

Chilean cement producer Cementos Bio Bio increased its production by eight per cent YoY from 1.5Mt to 1.6Mt in 2012. As a result, the company, led by Hernan Briones, was able to maintain its 29 per cent market share.

Over the same period, Bio Bio also raised its concrete sales by nine per cent from 2.4Mm3 to 2.6Mm3, holding its 27 per cent market share.

Lime sales were 11.7 per cent higher at 583,000t. The company continues the expansion of its Copiapó lime plant, which represents a US$55m investment. The project would take production capacity to 1.2Mta.