PPC signs agreement for new ZAR3bn cement plant in Western Cape

PPC Ltd has entered a memorandum of agreement with Sinoma Overseas Development Co Ltd for the construction of a ZAR3bn (US$159.17m) integrated cement plant in South Africa's Western Cape. The plant will replace existing capacity, producing 1.5Mta of cement with advanced energy-efficient technology, including solar generation.

PPC CEO, Matias Cardarelli, described the project as a pivotal element of the company’s “Awaken the Giant” strategy, aimed at ensuring sustainability and competitiveness. “With this advanced, environmentally efficient plant, we will supply lower-carbon cement at more competitive costs, supporting South Africa’s economic growth and infrastructure development,” he said.

Construction is expected to begin in 2Q25, with commissioning by year-end 2026, subject to board approval. The plant will be funded through PPC’s existing debt facilities.