Cement News tagged under: Chile
Chile's cement producers see 7% drop in October dispatches08 December 2023, Published under Cement NewsChilean cement dispatches declined by 7.1 per cent to 324,460t in October 2023 from 349,388t in October 2022, according to the Chilean construction chamber, CChC. In the first 10 months of 2023, cement dispatches fell nine per cent YoY to 2,902,782t from 3,1919,241t in the 10M22. |
Cemento Polpaico posts 9M23 loss30 November 2023, Published under Cement NewsChile-based Cemento Polpaico reported losses of CLP9016.24m (US$10.4m) in the first nine months of 2023, compared with a profit of CLP3576.95m in the 9M22. The company's revenue improved 4.2 per cent YoY to CLP261,921.45m in the 9M23. EBITDA reached CLP9743.17m in the 9M23 when compared with CLP16,485.72m in the 9M22. "During the third quarter of 2023, a lower dynamism in the construction sector, marked by a significant decrease in the demand for materials, associated to a decrease in th... |
Polpaico suspends Quilicura grinding operations09 November 2023, Published under Cement NewsChile-based Cemento Polpaico will temporarily suspend operations at its grinding plant in Quilicura and transfer these to the Cerro Blanco plant in Til Til. The step is part of the company redistributing its production capacity nationwide due to corporate and operational restructuring, which is expected to be completed in the 1H24. The process will also seek greater logistical efficiencies and improved competitiveness. In addition, Cemento Polpaico will also integrated its subsidiaries... |
Chilean consumption sees 14% drop in September08 November 2023, Published under Cement NewsCement demand in Chile fell by 13.9 per cent YoY to 251,901t in September 2023 from 292,714t in September 2022, according to the Chilean construction chamber, CChC. In the first nine months of 2023 the domestic market contracted by 9.3 per cent YoY to 2.578Mt from 2.841Mt in the 9M22. |
Chile’s cement dispatches drop 18% in August16 October 2023, Published under Cement NewsCement dispatches in Chile saw a 17.5 per cent drop in August 2023 to 247,238t from 299,855t in August 2022, according to the country’s construction chamber, CChC. In the January-August 2023 dispatches were down 8.7 per cent YoY to 2,326,421t from 2,549,139t in the 8M22. |
Cemento Polpaico closes two concrete plants09 October 2023, Published under Cement NewsChile-based Cemento Polpaico announced the closure of two concrete plants in Quilín and Renca, Metropolitan Region, as well as the temporary halt of operations at the Aconcagua Áridos plants. The step is due to the negative trend in the results of Polpaico Soluciones, which showed accumulated losses of CLP8386m (US$9.1m) before taxes as of June 2023 as a result of the crisis affecting the sector, reports CE Noticias Financieras. Moreover, the industry expects a 28 per cent drop in result... |
Chile’s dispatches increase 1% in July14 September 2023, Published under Cement NewsCement dispatches in Chile were up by 1.4 per cent YoY to 280,545t in July 2023 from 276,554t in July 2022, says the Chilean construction chamber, CChC. However, in the January-July 2023 period, the country’s cement market contracted by 7.6 per cent YoY to 2.079Mt from 2.249Mt in the first seven months of 2022. |
Chilean cement demand sees 15% drop in June10 August 2023, Published under Cement NewsCement demand in Chile (excluding imports) decreased by 14.6 per cent YoY to 254,120t in June 2023 from 297,514t in June 2022, reports the Chilean construction chamber, CChC. In the first half of 2023 demand fell by 8.8 per cent to 1,798,638t from 1,972,730t in the 1H22. |
Chile’s cement demand contracts 4% in May 202311 July 2023, Published under Cement NewsChilean cement dispatches declined 3.5 per cent YoY to 318,599t in May 2023 from 330,114t in May 2022, according to the national construction chamber, CChC. However, when compared with April 2023, cement demand increased by 6.2 per cent. In the first five months of 2023, dispatches decreased by 7.8 per cent to 1,544,518t from 1,675,216t in the 5M22. |
Chile’s cement market contracts 4% in April15 June 2023, Published under Cement NewsCement dispatches in Chile declined 4.2 per cent YoY to 299,858t in April 2023 from 313,101t in April 2022, according to the country’s construction chamber, CChC. In the January-April 2023 period cement sales were down 8.9 per cent YoY to 1,225,919t from 1,345,102t in the 4M22. |