Cement News tagged under: chile

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CBB sees 67% rise in profit

07 September 2021, Published under Cement News

Chilean cement producer CBB (formerly known as Cementos Bío-Bío) reported a 13.9 per cent advance in revenues to CLP134.538bn in the first six months of 2021 from CLP118.124bn in the 6M20. The company’s profit attributable to shareholders increased by 66.7 per cent YoY to CLP7.205bn in the 6M21 from CLP4.323bn in the 6M20. In its cement business the company nearly quadrupled its operating profits, mainly from a low base as COVID-19 impacted cement dispatches in 2020. In its concrete bus...

Cemento Polpaico sees revenues double in 1H21

31 August 2021, Published under Cement News

Chile-based Cemento Polpaico reported a surge in consolidated revenues from CLP76,528m in the 1H20 to CLP152,376m in the 1H21. Profit before tax reached CLP9361m, reversing a loss of CLP8424m in the 1H20. Net profit reached CLP6833m in the 1H21, from a loss of CLP5862 in the 1H20. The results include the consolidation of Cementos Bicentenario. The company’s cement business saw its revenues increase to CLP148,644m in the 1H21 from CLP74,634m in the 1H20 while revenues in its sand business w...

Chile’s cement market expands 67% YoY in June 2021

09 August 2021, Published under Cement News

Chilean cement consumption advanced 66.7 per cent YoY in June 2021 to 355,851t when compared with the 233,186t reported in June 2020 and by 21.9 per cent when compared with June 2019, according to the Chilean Construction Chamber, CChC. In the January-June 2021 period, dispatches were up 20.5 per cent YoY to 2,145,846t from 1,781,388t in the 1H20. When compared with the first six months of 2019, when dispatches reached 2,065,205t there was a 3.9 advance.

Chilean cement demand sees 21% hike in May

13 July 2021, Published under Cement News

Chile’s cement market expanded by 21.2 per cent YoY as 353,704t was sold in May 2021 compared with 352,817t in May 2020, according to the Chilean construction chamber, CChC. The January-May 2021 period saw an increase of 14.2 per cent to 1,789,995t when compared with 1,567,886t in the 5M20.

Chile’s cement market expands 32% in April

10 June 2021, Published under Cement News

Cement dispatches in Chile saw a 31.5 per cent hike to 352,817t in April 2021 when compared with 268,319t in April 2020, according to the Chilean Chamber of Construction, CChC. When compared with March 2021 they declined by 8.4 per cent. In the January-April 2021 period total dispatches increased 12.6 per cent to 1,436,291t from the 4M20, when deliveries were at 1,276,105t.

Chile’s cement demand increases 12% in March

19 May 2021, Published under Cement News

Chilean cement consumption saw a 12 per cent YoY hike to 385,276t in March 2021 when compared with March 2020, when demand reached 344,098t, according to the Chilean Chamber of Construction (CChC). When compared with February 2021, consumption edged up by 9.5 per cent. In the first quarter of 2021 demand was up 7.5 per cent to 1.083Mt, compared with 1.008Mt in the 1Q20, which had seen a 6.7 per cent drop vs 1Q19.

Chile’s cement market expands 6% in February

27 April 2021, Published under Cement News

Cement deliveries in Chile increased by six per cent to 351,735t in February 2021 when compared with February 2020 when 331,905t were dispatched, according to the Chilean construction chamber, CChC. When compared with January 2021 the increase was 1.5 per cent from 346,463t.

INFORM forms joint venture with Chilean partner

20 April 2021, Published under Cement News

I NFORM , an internationally-known software development and business process optimisation specialist with US regional headquarters in Atlanta, Georgia, has set up a joint venture with its Chilean partner, Workforce Solutions SpA. The new company has officially been operating as   Indorm Software SpA since 12 April   2021.   The aim is to continue the over 50 year-long success story of I NFORM 's Digital Decision Making technology based on Operations Research and Artificial Intelligence...

Chilean cement market expands 4% in January

17 March 2021, Published under Cement News

Chile’s cement demand increased 4.4 per cent to 346,463t in January 2021 when compared with January 2020, when demand reached 331,783t, according to CChC, the Chilean construction chamber. However, when compared with December 2020, consumption fell by 5.1 per cent from 364,925t.

Cemento Melón expects to bring online Punta Arenas plant by June

08 March 2021, Published under Cement News

Chile-based Cemento Melón expects to see its new US$30m Punta Arenas grinding plant to be commissioned by June 2021, reports La Prensa Austral. The plant is located 8.5km north of Punta Arenas in Chile’s most southern region and has a production capacity of 250,000tpa. If the market requires it, an expansion to double this initial capacity will be considered, according to Iván Marinado, Cemento Melón’s general manager. While the company has been present in the Magellanes region for some ti...