Cement News tagged under: Cementos Melón
Freehill Mining to supply Cementos Melón14 February 2024, Published under Cement NewsAustralia-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 supply of material to Melón’s Coquimbo cement plant from Freehill’s 100 per cent-owned Yerbas Buenas project in Maule Region, Chile. The material will be delivered over a two-month period, likely to commence in mid-March 2024. Although the volume and price secured per cubic metre under this purchase order has no... |
Cementos Melon inaugurates new grinding unit25 May 2022, Published under Cement NewsChile-based Cementos Melón has officially inaugurated its new grinding unit about 8.5km north of Punta Arenas in the country’s southern Magallanes region. The new 0.25Mta plant represents an investment of US$45m and is expected to produce 80,000t of cement in its first year as it ramps up capacity. At the inauguration, Cementos Melón General Manager, Jorge Eugenín, said: “For us Magallanes has always been an interesting market, its consumption is comparable to cities in developed count... |
Bedeschi delivers new Eco-Hopper to Melón18 February 2022, Published under Cement NewsThe new Eco-Hopper supplied by Bedeschi Spa to Chilean cement producer Cemento Melón SA is reaching the working position on the Mardones pier in the southern port of Punta Arenas, Chile. The Eco-Hopper is designed for direct unloading of clinker to trucks at a rate of 600tph and is designed to work with 12m 3 grabs. The machine is equipped with pulse-jet bag filters with high filtration capacity and performance and with low compressed air consumption: an economical and flexible solu... |
Cementos Melon gets go ahead for Punta Arenas grinding plant03 July 2019, Published under Cement NewsChile's Environmental Evaluation Service (SEA) has passed the environmental impact assessment (EIA) for Cementos Melón (Brescia Industrial Group) to construct the company's new grinding unit in Punta Arenas, Magallanes region. The grinding plant will cost US$45m to build and will have a cement capacity of 0.25Mta, but depending on demand the total capacity could be raised to 0.5Mta in the future, according to the EIA. Cemengal will supply the Plug&Grind ® XTREME modular grinding unit for t... |
Cementos Mélon reports profit up 9% in 201818 February 2019, Published under Cement NewsCementos Mélon saw an 8.9 per cent increase in profits to CLP9.067bn (US$13.7m) in 2018 but EBITDA fell 2.9 per cent to CLP28.572bn. The fall was attributed to lower sales of cement and concrete as well as a rise in raw material costs. The Chile-based cement producer reported a 4.5 per cent rise to CLP191.347bn from CLP193.014m in 2017. |
Cementos Melón to invest in new capacity18 December 2018, Published under Cement NewsChile-based Cementos Melón has announced that it will open a new cement facility in Punta Arenas in the first half of 2020. The first stage of construction will see an investment of US$30m, with an expected capacity of 0.5Mta. "To date, Cementos Melon has customers to whom it supplies bagged cement, distributed by sea from its other plants in the country. Here in the area [Magellanes] we have 10 clients and we hope that being here with our new plant we will add hundreds," said Jorge Eugen... |
Cementos Melon completes plant expansion19 November 2018, Published under Cement NewsChile-based Cementos Melon has completed the expansion of its Puerto Montt cement plant following an investment of US$25m. The project doubles the facility’s cement capacity to 0.6Mta and will enable the company to better serve the local markets. The Puerto Montt facility supplies the markets between Araucania and Magallanes, south of Santiago and will support infrastructure development in southern Chile. "After 10 years, the market in the area forced us to expand the production of our p... |
Cemento Melón cuts investments to US$15m due to 10% sales decline23 April 2014, Published under Cement NewsChile’s Cemento Melón has seen sales drop by 10 per cent in the first quarter of 2014. "Earlier this year we estimated that we would at least maintain 2013 sales, but in the first quarter the market fell about 10 per cent, and we saw sales drop by a similar number," Jorge Eugenin, the company’s CEO, said. In addition, as the cement industry is nearly 100 per cent dollarised, the depreciation of the Chilean peso has also impacted profit margins as costs jumped. In terms of investments m... |
Mixed results for Chilean producers06 June 2012, Published under Cement NewsTwo of Chile’s top cement producers have reported mixed results for the first quarter of 2012. Cementos Bío Bío (CBB) posted a net loss of CLP408m (US$787,000) in the first quarter, compared with a net profit of CLP204m in 1Q11. The results were due to non-operational charges related to foreign exchange effects, the firm said in a research note. First-quarter sales were up 4% to CLP84.8bn from the year-ago period, and EBITDA increased 29% YoY to CLP11.7bn. Meanwhile, Cementos Melón repo... |
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