Cement News tagged under: Chile
Melón and Enel Generación sign renewable energy contract24 February 2021, Published under Cement NewsChile-based Cemento Mélon has signed a contract with Enel Generación for the supply of clean and renewable energy in four of Mélon’s operations: the La Calera, Ventanas and Puerto Montt cement plants and the San Bernardo aggregates facility. The signed agreement will run until 2043 and includes the supply renewable energy from wind, solar, geothermal or hydropower with the option to expand this to more Melón sites in the future, reports Electricidad. ‘We have state-of-the-art technologies... |
Chile’s cement dispatches down 7% in 202003 February 2021, Published under Cement NewsChilean cement deliveries increased by 14 per cent YoY to 389,488t in November 2020 from 341,721t in the equivalent month in 2019. This was followed by a 7.7 per cent uptick in December 2020 when dispatches rose to 364,925t from 338,720t in December 2019, according to the Chilean construction chamber, CChC. However, full-year data show a seven per cent decline in cement deliveries in the South American country with total dispatches at 3,796,976t, down from 4,081,896t in 2019. YoY losses pe... |
Cbb makes 2025 growth plan20 January 2021, Published under Cement NewsChile-based Cbb looks forward to 2025 with optimism, said the company’s Corporate General Manager, Enrique Elsaca Hirmas, after a year that saw the impact of the coronavirus pandemic. In the first nine months of 2020, Cbb’s revenues fell 14 per cent YoY to CLP168.986bn (US$229.2m) but while full-year figures are expected to show a decline, this will be below the 9M20 drop. In addition, the company is completing the implementation of the current US$150m Transforma 2021 plan. A total of US... |
Peru cement prices among lowest in Latin America05 January 2021, Published under Cement NewsCapeco, the Peruvian construction chamber, reported that the average retail price for grey cement in Peru is around US$6.22 per 42.5kg bag – one of the lowest in Latin America. The highest price is paid in Argentina, where a bag of cement costs on average US$12.34, followed by Nicaragua, Uruguay, Guatemala and Paraguay, where a bag of cement costs around US$10. In Brazil, prices are the lowest at US$5.03/bag, according Capeco. In Chile a bag of cement retails at US$7.65 while in Colombia a... |
Unacem buys Cementos La Unión in Chile for US$23m18 December 2020, Published under Cement NewsPeru-based Unión Andina de Cementos (Unacem) has signed a contract with Cementos La Unión and Aridos Jativa, and the Chile’s Inversiones Mel 20 Ltda for the purchase of the full stake of shares of Cementos La Unión in Chile and 100 per cent of the social rights of Inversiones Mel 20. The contract was signed on December 11 and is subject to compliance with conditions such as approval by the Chilean National Economic Prosecutor's Office. Subject to approval, Unacem will own the 0.3Mta San An... |
Chile's cement demand up 16% in October08 December 2020, Published under Cement NewsCement consumption in Chile increased 16.2 per cent to 392,688t in October 2020 from 337,959t in the previous year, according to the country’s construction chamber, CChC. When compared with the previous month, the market expanded 19.7 per cent from 328,184t in September 2020. In January-October 2020 period, domestic demand dropped 10.6 per cent to 3.043Mt from 3.401Mt in the 10M2019. |
Chilean market contraction slows in 3Q05 November 2020, Published under Cement NewsChilean cement dispatches fell 13 per cent to 868,487t in July-September 2020 from 998,291t in the 3Q19, according to the country’s chamber of construction, CChC. The latest data show a deceleration of the drop in consumption experienced in the second quarter of 2020. In the 2Q20 dispatches reached 773,602t, representing a 21.5 per cent decrease when compared with the 2Q19. Deliveries in July declined 25.1 per cent YoY to 233,186t as market contraction slowed from 42.2 per cent in June. Thi... |
Briones sisters sell Bío Bío stake to Gloria Group20 October 2020, Published under Cement NewsAnita and Loreto Briones Goich of ALB SpA have sold their entire 19 per cent stake in Cementos Bío Bío, the cement company founded by their father, Hernán Briones Gorostiaga in 1957. The shares were sold for approximately US$46.8m to the Peruvian Gloria Group. Cementos Bío Bío includes CBB, Inacesa, Ready Mix and Inacal and has a presence in Chile, Argentina and Peru. The sale follows the divestment of shares to Peru-based Unión Andina de Cementos, who purchased 50 per cent of the shares ... |
Chilean cement market contracts 14% in 6M2026 August 2020, Published under Cement NewsCement dispatches in Chile fell 15.4 per cent YoY in May 2020 to 291,781t from 345,001t in May 2019, according to the Chilean Chamber of Construction (CChC). In June the market continued to contract, with sales down 26.9 per cent YoY to 213,502t from 291,979t in June 2019. In the first six months of 2020 demand in the South American country declined 13.7 per cent YoY to 1,781,388t from 2,065,205t in the 6M19. |
Chilean cement demand down 23% in April12 June 2020, Published under Cement NewsCement consumption in Chile contracted by 22.9 per cent YoY to 268,319t in April 2020 from 348,151t in April 2019, according to the Chilean construction chamber, CChC. In the January-April 2020 period, demand for cement in the South American country declined 10.7 per cent YoY to 1,276,105t. In the 4M19, 1,428,225t of cement was sold on the domestic market. |