PPC reports revenues of ZAR10.4bn in FY19
PPC has reported revenue up one per cent in the FY19 ended 31 March, rising to ZAR10.4bn (US$772.7m), while EBITDA increased four per cent to ZAR1.9bn. PPC's overall cement volu...
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PPC to shut down kiln to meet emission standards
South Africa’s PPC has stated that it expects to pay around ZAR120m (US$8.5m) as a result of the new carbon tax and will also shut down a kiln at its Port Elizabeth (PE) facilit...
PPC announces new CEO and delays annual results presentation
South Africa’s PPC has appointed Roland van Wijnen as its new CEO after a search that began in November 2018 when Johan Claassen announced he would be retiring from the role. "W...
Arghakhanchi Cement launches new PPC line
Nepal's Arghakhanchi Cement Pvt Ltd has launched a new PPC cement product line for the domestic market. After meeting government criteria, the company received approval for the ...
Rwandan government to divest Cimerwa stake
The state of Rwanda has put up its 49 per cent stake in Cimerwa up for sale, according to an announcement made by the country’s Prime Minister, Edouard Ngirente on 9 March 2019....
Finding a different kind of gold Premium
While coal had been the mainstay of PPC’s energy sources for decades, the company’s current energy policy has called for a steady replacement of the black gold with more sustain...
PPC regains its strength
This week, PPC Ltd has announced that possible price rises could be a feature of its strategy in South Africa heading into 2019. The news follows the company's reports of a soli...
PPC reports 8% rise in 1H revenues
PPC posted an eight per cent increase in 1HFY18-19 revenues to ZAR5.597bn (US$403.9m) on the back of strong growth in the rest of Africa as the company’s performance in its dome...
PPC CEO Claassen to retire
South-Africa-based PPC has initiated a process to find a new CEO after the incumbent, Johan Claassen, expressed an interest to take early retirement. Mr Claassen was appointed p...
PPC expects profit increase in FY18
South Africa’s PPC expects its net profit attributable to shareholders to increase between 55-65 per cent for the financial year ended 31 March, compared with ZAR93m (US$6.9m) o...