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Empresas Copec S.A.

Company Detail

Description

Empresas Copec S.A. is a Chilean industrial holding company organized into two business areas: energy – including liquid fuel distribution, electric power generation, liquefied gas, and natural gas – and natural resources, a division that engages in forestry, fishing and mining activities. Through its liquid fuel distributing and marketing services, Copec operates 622 service stations with a Chilean market share of 64.8%. Abastible, its LPG distribution subsidiary, has a network of 1,485 distributors, 46,000 tanks, 5.9 cylinders, and a 34.9% market share. Metrogas, its natural gas distributor, operates a 5,000-km gas pipeline network that distributes gas to around 440,000 clients. In addition, the company has a 25% stake in coal-fired thermoelectric generator Guacolda, providing a total gross power of 304MW. Its mining sector engages in doré metal and coal exploration and production activities. Empresas Copec is controlled by Grupo Angelini through its subsidiary AntarChile S.A.

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