- CEO
- Andres Perez Algarra
- Full Time Employees
- 1,639
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Santiago Chile
- IPO Date
- Aug 5, 1982
- Business
- Cemento Polpaico S.A., operating commercially as Polpaico Soluciones, is a Chile-based construction materials company primarily engaged in the manufacturing, processing, commercialization, and distribution of cement, ready-mix concrete, and aggregates. Founded in 1948 and headquartered in Santiago, Chile, the company operates across the heavy building materials, mining support, and industrial construction sectors. It is listed on the Santiago Stock Exchange under the ticker POLPAICO and is controlled by Inversiones Caburga Limitada of the Hurtado Vicuña Group.
The company organizes its business activities across four primary segments: Cement, Ready-Mix Concrete, Aggregates, and Environmental Solutions. Its product and service portfolio includes: hydraulic and Portland cements, available in bagged and bulk formats for general construction, high early strength, and sulfate-resistant applications under brands such as Polpaico Especial and Polpaico 400; customized ready-mix concrete formulations, including standard structural concrete, high-performance concrete, shotcrete, self-compacting mixes, architectural concrete, and specialized sustainable formulations such as HormiPURIFICA; processed aggregates comprising crushed stone, gravel, industrial sand, and select granular materials for civil works and concrete manufacturing; waste co-processing and circular economy services operated through its Coactiva business unit, providing hazardous and non-hazardous industrial waste treatment, thermal destruction, and alternative fuel substitution for cement kilns; and technical advisory, specialized logistics, on-site concrete batching, and automated construction monitoring services.
The company distributes its materials throughout Chile, serving residential, commercial, civil engineering, infrastructure, and large-scale mining projects. Its industrial asset base comprises the Cerro Blanco integrated cement plant in the Metropolitan Region, grinding and dispatch facilities in Mejillones and Coronel, a nationwide network of stationary and mobile ready-mix concrete plants, and strategic aggregate quarries. Polpaico executes its regional operations through subsidiaries and affiliated entities, including Hormigones Polpaico S.A., Sociedad Pétreos S.A., Plantas Polpaico del Pacífico Ltda., Compañía Minera Polpaico Ltda., and Coactiva.
In recent developments, Cemento Polpaico S.A. unified its operating subsidiaries and brand architecture under the corporate identity Polpaico Soluciones and reorganized its concrete division into Hormigones Polpaico S.A. to improve operational and commercial agility. To strengthen its capital structure and fund long-term strategic projects, the company approved a capital increase of approximately 80 billion Chilean pesos, prioritizing plant modernization, operational efficiency programs, and the expansion of its Coactiva environmental management unit. Polpaico has also optimized its industrial footprint by consolidating underperforming aggregate and ready-mix sites while expanding production capacity at key hubs, including the commissioning of a new cement storage silo at its Coronel grinding plant. Furthermore, the company expanded its technological capabilities by acquiring an equity stake in construction technology startup ObraLink and advanced its decarbonization strategy through the integration of dedicated solar power generation developed in partnership with Colbún and increased thermal substitution rates in its kiln operations.