Chile’s CBB lays out investment plan

In its AGM Chilean cement producer CBB has highlighted the recent inauguration of its Arica cement plant in northern Chile and presented the company’s further investment projects.

Representing an investment of US$20m, the company plans a 0.2Mt cement plant in Arequipa, Peru, with an option to expand the unit at a later date.

"We are very satisfied with both projects, part of the Transforma 2021 Strategic Plan, as it allows us to strengthen our position in the markets of northern Chile and southern Peru," said Enrique Elsaca, corporate general manager of CBB.