PPC expansion strategy on track

PPC expansion strategy on track
24 September 2015

PPC's expansion strategy remains on track and the new plant in Rwanda was officially opened on 18 August 2015.

In an investor presentation posted on PPC's website ahead of the RMB Morgan Stanley Big Five Investor
Conference in Cape Town on Monday, the company said all three remaining projects in the DRC, Zimbabwe and Ethiopia are ~45 per cent complete. The 1Mta Slurry Kiln 9 project has commence and
production ramp-up is anticipated in 2018.

In terms of its operational performance, positive cement volume growth has been recorded in Botswana and Rwanda while volumes were flat in South Africa and declined in Zimbabwe, where growth in the local market was more than offset by reduced exports to neighbouring countries. All geographies recorded flat or declining cement selling prices.

Published under Cement News