PPC says slower domestic economic growth hurting volumes
South Africa's largest cement producer, PPC, has said slower domestic economic growth and declining infrastructure spending has resulted in a "particularly tough" domestic market.
Ppc
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PPC: first-half cement sales edge higher
PPC announced its group cement sales were two per cent higher for the first half of the year to the end of March 2014. Improvements in export sales and the consolidation of sale...
PPC positive profit alert, South Africa
South Africa’s leading cement producer PPC said Friday it is likely to post higher profits in the six months to March this year. Headline earnings per share are likely to rise t...
Tenova TAKRAF Africa wins order for reverse pulse bagfilters for PPC plants
Tenova TAKRAF Africa has been awarded two contracts by South Africa’s leading cement producer, PPC, to supply reverse pulse bagfilters to replace existing electrostatic precipit...
PPC set to enter the Algerian cement market
PPC announced that advanced plans are in place to enter the Algerian cement market through a partnership with Algerian private sector investors in Hodna Cement Company. Hodna wi...
PPC expansion on track
PPC has said its expansion remains well on track and commissioning of its Rwanda plant is anticipated at the end of 2014. Construction work has also commenced at sites in Ethiop...
PPC
PPC is further stamping its footprint on the South African market with the recent approval of its acquisition of cement producer Safika Cement. The country’s Competition Tribuna...
PPC gets competition tribunal go-ahead for Safika Cement acquisition
PPC’s previously-announced acquisition of South African blended cement producer Safika Cement has been unconditionally approved by the country’s Competition Tribunal. An agreeme...
PPC
Despite rising electricity prices and depreciation pushing up input costs, South Africa’s PPC has posted an eight per cent rise in EBITDA to ZAR2500m (US$244m) for the year endi...
PPC's preliminary report, year-end Sept 2013
PPC's South African cement sales volumes rose by seven per cent, while industry sales for the nine months ending June 2013 increased by 4.2 per cent. Strong volumes were recorde...