It’s reported that Chile’s CAP announced that its net earnings and EBITDA in the first quarter of this year totaled US$45.1 million and US$137.2 million, slumping by 46.4% and 31.5% year on year respectively. CAP stated that the ...
Tags: CAP, labor strikes
Due to port strike in Chile and India's main casting factory shut down, lead to transport delay, as a result, China's copper imports fell 7.4% in April 2013, to the lowest level in nearly 22 months. According to China's general ...
Tags: copper, Metallurgy, Mineral, Energy
An end to a two week-old strike at Chile's largest coal mine appears close at hand after one of two unions involved agreed to return to work Thursday. In a statement Friday, Mina Invierno said the union representing maintenance workers at ...
Tags: Coal Mine Strike, Coal Mine
Global Fresh Foods, a US-based provider of naturally extended shelf-life technology, has announced that it has successfully tested its technology with H&G (head off and gutted) and HOG (head on and gutted) salmon. According to the ...
Tags: Fresh Foods, Foods
It is reported that Finnish steelmaker Rautaruukki has introduced its new sales offices in Toronto (Canada) and Santiago (Chile) in order to meet and serve its customers in the Americas. The company will focus on the special steel products ...
Tags: steel, Metallurgy, Mineral, Energy
Steel structure manufactured by Baosteel will appear in large buildings in Chile, assuming the important role of supporting and constructing electricity facilities. This is another overseas order which Baosteel Steel Structure gains in ...
Tags: Metallurgy, Mineral, Energy, steel
According to data released by the Chilean construction chamber (CChC), China’s rebar shipments totaled 52,644 tons in February, falling by 11.4% from a month ago while rising by 15% year on year. Industry sources said that the drop ...
Tags: Mineral, Rebar Shipments
It is reported that Chilean CAP Minería, the mining branch of Chile's integrated steel group CAP, announced to replace tubes orders from China's Wuhan Iron and Steel Corp. (Wisco). The total tubes orders to 12,847 tons include sizes ...
Tags: Chile's Cap, Tubes, Mineral
More than 2,500 H&M fans lined up for over 12 hours outside of the Chilean flagship store in Costanera Center. The doors opened at 10 in the morning and welcomed the crowd into its two level 2,600 square meter store. Karl-Johan Persson, ...
Tags: fashion, fashion industry, dresses
Brazilian iron ore mining company MMX announced Thursday that it will no longer pursue a Chilean mining project near Copiapo in northern Chile. Instead, MMX will focus on Brazilian iron ore projects. MMX had already made significant ...
Tags: iron ore mining project, iron ore mining, iron ore, mining
The sharemarket fell yesterday as banks came under pressure when data showed home-loan approvals fell, and a strategy update from National Australia Bank failed to impress investors. The benchmark S&P/ASX 200 closed down 0.5 per cent at ...
Tags: sharemarket, data, home-loan approvals
Principal Financial Group (PFG) has completed acquisition of Chile’s AFP Cuprum, following Empresas Penta and Inversiones Banpenta Limitada sold their 63% ownership in Cuprum. Initially, PFG acquired 90.4% ownership stake in Cuprum ...
Tags: PFG, acquisition, AFP Cuprum
US-based life insurer MetLife has inked a definitive agreement to purchase BBVA’s private pension fund administrator in Chile, AFP Provida (Provida), in a deal valued at almost $2bn. Based on the terms of the deal, the acquirer will ...
Tags: life insurer, underwriter, pension industry
The reconstruction in Nueva Aldea of the Radiata pine plywood plant of the Chilean company Paneles Arauco, which was destroyed by fire in January 2012, is reported by the company to be progressing largely on schedule; approximately 35% of ...
Tags: pine plywood, Nueva Aldea, Chile
Andritz Energy & Environment has selected IDE Technologies Ltd’s Mechanical Vapor Compression units to meet a Chilean power plant’s increased capacity needs. IDE says that the two additional Mechanical Vapor Compression (MVC) ...
Tags: Andritz Energy&Environment, IDE Technologies, power plant