Displaying items by tag: Cbb

Peru: Chile-based CBB, formerly Cementos Bío Bío, has reduced the budget for its planned Matarani cement grinding plant near Arequipa by 79% to US$8.95m from US$42.5m. According to the Gestión newspaper, the producer had previously secured and environmental permit for the unit.

Chile: The protest organisation Frente de Defensa de Islay has launched a challenge against the legality of Cbb’s planned 200,000Mt/yr Arequipa grinding plant in the Port of Matarani. The La República newspaper has reported that the organisation says that the plans would violate Islay district’s urban zoning law due to the risk of contamination.

The producer plans to complete the US$20m plant in mid-2021. It acquired the project from Inversiones Primax in 2019.

Chile: Cbb, formerly known as Cementos Bío Bío, has inaugurated a new 0.2Mt/yr cement grinding plant at Arica. The unit had an investment of US$20m, according to the Diario Financiero newspaper. It is the company’s fifth plant in the country. As part of Cbb’s expansion strategy to target Peru, the new plant may double its production capacity in the future. The cement producer is also planning to build a US$20m plant at the Port of Matarani near Arequipa in Peru for a scheduled commission date in 2020.

Chile: Cementos Bío Bío has changed its name to Cbb as as part of a rebranding exercise to target the group for the digital age and to target growth outside of Chile. Chief executive officer (CEO) Enrique Elsaca said that the change is part of the company’s Transforma 2021 plan, including investment of US$150m in Chile, Argentina and Peru, according to the El Mercurio newspaper.

It is about to inaugurate a cement grinding plant at Arica in Chile, it plans to build a US$20m plant at Arequipa in Peru for commissionoing in early 2020 and it plans to upgrade its San Juan lime plant in Argentina. It also hopes to build a new lime plant in northern Argentina to supply the lithium business.