Infraestructure
Aguas CAP, Puerto Las Losas & Tecnocap
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Our business seeks to contribute to solving environmental and economic challenges in the areas where we are located.
The vision of the General Manager
José González M.
Infrastructure has maintained a strategy focused on the operational excellence of its assets, which in the future will become increasingly relevant not only at a company level, but also at a country level.
Regarding our Aguas CAP desalination plant, we have observed how water shortages and long periods of drought have diverted attention towards water desalination as an interesting alternative supply for the population and industries. The CAP Group, as a pioneer in this activity in the country, has accumulated a great deal of knowledge in its years of operation, which will allow us to strengthen the development of the business, to contribute to the growth of the activity at a national level. In 2019, and as part of our environmental commitments, we began to replace our water pipeline network, by installing a pipeline for the Cerro Negro Norte operation of Compañía Minera del Pacífico (CMP).
On the other hand, Puerto Las Losas proved to be a very relevant asset for the Group by becoming an alternative as an exit point for Compañía Minera del Pacífico’s products. Given the contingency occurred at Puerto Guacolda II of CMP during 2018 and 2019, we had a record of cargo transfer, reaching almost one million tons of iron ore thanks to having obtained special permits for this operation. We are proud to have achieved the certification of Puerto Las Losas in the three standards ISO - 14001, 9001 and 45001- and the re-certification under ISPS.
By 2020, it is projected that inputs for large wind farm projects will be landed at Las Losas, which will contribute to a higher level of operational use of the port. Likewise, in the port business, new synergies between the Group’s terminals are being analyzed.
In 2020 we entered the Environmental Impact Assessment System (SEIA) with two major projects to improve our results. The first, from Puerto Las Losas, which seeks to maintain the transfer of iron ore, is called “Modification, reception and shipment of bulk ore”, and will have an investment of US$ 8.6 million. The second, called “Natural Gas Southern Zone”, enables this clean energy in the Biobío Region contributing to the decontamination of the south of Chile; it will require an investment of approximately US$ 100 million.
The economic results, which are part of our excellence, reached maximums since the beginning of our operations, registering revenues and EBITDA of ThUS$85,558 and ThUS$52,937, respectively. These increases reflect an increase of 8.3% and 3.1% when compared to the ThUS$79,014 and ThUS$51,342 of 2018. Thus, the net income for 2019 reached ThUS$20,255, 20.7% higher than the ThUS$16,777 in 2018, influenced by the good performance of the seawater desalination plant, as well as the higher flow of cargo at Puerto Las Losas, used by CMP as a shipping alternative due to the lack of service at Puerto Guacolda II.
The movement that has generated the activation of Puerto Las Losas has created positive externalities for the community, in particular the local services in Huasco, boosting land transport and the activity of the docks workers, all local.
As I end these words, I want to point out my absolute confidence and optimism in the future performance of Infrastructure. Our challenge is to maintain an operation of excellence, being responsible with the environment and the community that welcomes us, seeking to increase the value of the company every year.
Aguas CAP
Its main activity is to produce and deliver desalinated water in the Atacama Region.
Puerto Las Losas
Multipurpose terminal for bulk, general cargo and cargo investment project in the Atacama Region.
Tecnocap
Supplies electrical energy to Aguas CAP, Puerto Punta Totoralillo and Cerro Negro Norte (CNN) of CMP.
Its facilities are in the Atacama Region.
Our performance on 2019
Corporate Governance and Ethics
3
complaints in the Integrity Channel, 1 resolved, 1 being processed and 1 pending.
Own workers and contractors
33
own workers, of which 18% are women and 48% are local.
0
fatalities
1
serious accident
Environment
0
incidents with environmental impact.
0
environmental fines.
6%
of waste is recycled or reused45.
Company
55%
of workers under ISO 45001, ISO 9001 and ISO 14001
83
suppliers make up the value chain .
49%
are locals.
