Cement News tagged under: Chile
Chile's cement demand contracts 15% in October19 December 2022, Published under Cement NewsCement demand in Chile has dropped by 15 per cent to 348,665t in October 2022, according to the Chilean Chamber of Construction (CChC). In October 2021 cement demand reached 410,424t. In the January-October period, demand fell by 12 per cent YoY to 3,190,518t from 3,624,776t in the 10M21. |
Empresas Melón to close Peñalolén plant30 November 2022, Published under Cement NewsChile-based Empresas Melón has announced the closure of its ready-mix concrete plant in Peñalolén, near Santiago. The company, owned by the Brescia group, attributes the closure to the downturn in the construction market. “Mélon is adjusting its operations in metropolitan areas to adapt to the new market conditions forecast for 2023, particularly in the construction sector,” the company said. Following the closure of the plant, which will see the dismissal of 54 staff, its customers will... |
Chile’s cement demand falls 13% in September15 November 2022, Published under Cement NewsCement consumption in Chile declined by 12.5 per cent YoY to 292,714t in September 2022 from 334,603t in the year-ago period, according to the CChC, the Chilean construction chamber. In the January-September 2022, demand contracted by 11.6 per cent to 2,841,853t from 3,214,352t in the 9M21. |
August dispatches in Chile fall 19%19 October 2022, Published under Cement NewsCement deliveries in Chile saw a 19.4 per cent drop in August 2022 to 299,855t, compared to 371,947t in August 2021, according to the Chilean Chamber of Construction (CChC). In the first eight months of 2022, dispatches were down 11.5 per cent YoY to 2,549,139t versus 2,879,749t in the 8M21. |
Menzel Elektromotoren carries out crane motor order07 October 2022, Published under Cement NewsMenzel Elektromotoren has manufactured four crane motors with the exact electrical and mechanical interfacing positions of a make that is no longer available today for a cement project in Chile. The new slip ring motors based on a cost-efficient motor series will drive hoists on overhead cranes in the cement plant. The motors have two shaft ends, with the drive end coupled to the gearbox, which connects to the rope drum, and a brake installed on the non-drive end. At the custome... |
CBB reports 74% drop in net profit15 September 2022, Published under Cement NewsChilean cement producer Cementos Bío-Bío (CBB) saw a 15.3 per cent increase in sales to CLP155,089m in the first half of 2022 when compared with the CLP134,538m reported for the 1H21. Gross profits declined 12.2 per cent YoY to CLP43,268m in the 1H from CLP49,286m on the back of higher distribution and administration costs. Finance costs increased to CLP4508m in the 1H22 from CLP1380Mt in the year-ago period. Profit before tax fell by 98.4 per cent from CLP10,282m in the 1H21 to CLP156m... |
Cemento Polpaico reports 17% rise in 1H revenues, 1H profits are down09 September 2022, Published under Cement NewsCemento Polpaico SA reported revenues of CLP178.053bn (US$201.8m) in the January-June 2022 period, up 16.9 per cent when compared with CLP152.376bn in the January-June 2021. The Chilean cement producer has attributed the increase in revenues mainly to “the updating of the price level in all businesses as a result of the strong increase in the costs of production and distribution resulting from rise in inflation, rise in the exchange rate, rise in the cost of fuel and the increase in the co... |
Chile cement deliveries contract 24% in July07 September 2022, Published under Cement NewsChilean cement dispatches declined 23.6 per cent YoY in July 2022 to 276,554t when compared with July 2021 when 361,956t were dispatched, according to the Chilean construction chamber, CChC. In the first seven months of 2022, deliveries were down 10.3 per cent YoY to 2,249,284t from 2,507,802t reported in the 7M21. |
June sales in Chile down 16%23 August 2022, Published under Cement NewsChile’s cement market contracted 16.4 per cent YoY as cement producers dispatched 297,514t of product in June 2022, according to the Chilean construction chamber, CChC. In June 2021 cement dispatches reached 355,851t. In the first six months of 2022 domestic cement dispatches declined 8.1 per cent YoY to 1,972,730t. In the 6M21 dispatches stood at 2,145,846t. |
Chilean cement market contracts 7% in May08 July 2022, Published under Cement NewsChile’s cement demand declined 6.7 per cent in May 2022 to 330,114t from 353,704t in May 2021, according to the Chilean construction chamber, CChC. When compared with April 2022, the decrease was around 5.4 per cent from 313,101t. In the first five months of 2022 total cement consumption dropped 6.4 per cent YoY to 1,675,216t from 1,789,995t in the January-May 2021 period. |