PPC plans Western Cape mega plant
PPC is planning to build a new large-capacity plant in the Western Cape, South Africa. The company is expected to make a formal announcement about the new works next year, accor...
South Africa
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PPC board rejects Fairfax offer
The board of PPC has advised its shareholders not to accept the offer of Fairfax Africa Investment Pty Ltd to buy a stake in the South African cement producer. The company will ...
PPC 1H17 earnings strong on robust Zimbabwe and Rwanda sales
South Africa’s PPC Ltd reported in its inaudited 1H17 accounts a 36 per cent YoY rise in first-half earnings, supported by a strong performance in Zimbabwe and Rwanda. Headline ...
CRH plans cash bid for PPC
Ireland’s CRH has registered its interest in submitting a cash bid for South African cement producer PPC as it takes on AfriSam and LafargeHolcim.
Tyres: going full circle Premium
Contributing to the circular economy, an innovative tyre-burning initiative at PPC’s De Hoek plant in the Western Cape, South Africa, has successfully demonstrated the viability...
Fund manager gains veto control over PPC
The Public Investment Corporation (PIC) has increased its stake in PPC Ltd, South Africa, to just over 25 per cent, the threshold required to gain ‘negative control’ over the co...
PPC
October has seen the saga over PPC’s future continue to dominate the headlines. Last month saw AfriSam submit a merger deal, backed by Toronto-based Fairfax Financial Holdings. ...
LafargeHolcim in talks with PPC
LafargeHolcim announced that it is in talks with the board of directors of PPC regarding a possible transaction in Africa.
Workers strike at PPC Slurry
The National Union of Mineworkers (NUM) said that its members of PPC Cement's Slurry plant near Mafikeng, South Africa, have embarked on a strike over wages. The NUM said that P...
PIC increases shareholding in PPC
Cement producer PPC reported on Monday, 16 October, that the Public Investment Corporation (PIC) had increased its shareholding in the South African cement company, which is cur...