Creating meaningful growth

Neltume Ports

ATCO holds a 40 per cent interest in Neltume Ports, a port operator and developer with a diversified portfolio of multipurpose, bulk cargo and container terminals. Neltume’s team of more than 7,600 employees operates 18 port facilities and six port operation services businesses located primarily in Chile, with additional operations in Uruguay, Argentina, Brazil and the United States.

With an impressive growth trajectory since being formed in 1995, Neltume Ports is keenly focused on incorporating the highest safety and efficiency standards into its infrastructure. We take pride in the culture we are helping to build at Neltume Ports – positive, productive and safety-driven, in coordination with our trusted partner, Ultramar.

Neltume Ports

Ashcor transforms fly ash, a byproduct of coal power plants, into a high-grade concrete supplement. Since there are fewer coal plants operating today, Ashcor has developed a commercial solution, known as RAM™, that can process and recycle landfilled ash to ensure a steady supply of fly ash that satisfies long-term industry demand, and provides a solution to Utilities in managing their stockpiles of ash. Ashcor also helps reduce carbon emissions associated with cement production while making concrete stronger and more durable. Ashcor has expanded its marketing territory to encompass Western Canada, as well as the Northwestern United States. We have developed an innovative means to repurpose ash, enabling it to play a vital role in solving infrastructure and environmental challenges.

Land & Development

ATCO takes an entrepreneurial approach to managing our extensive real estate holdings. In 2023, ATCO undertook a major renovation to two office buildings in Calgary. By improving environmental performance and modernizing tenant amenities, ATCO has welcomed new leaseholders into the 909 and 919 buildings, providing additional income and quality office space for Calgary based companies.