AfriSam reported to replace CEO ahead of PPC merger
To help enable the merger with rival PPC, AfriSam is set to replace its CEO, Stephan Olivier after nearly seven years of leading the firm, according to local press reports in So...
South Africa
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South Africa's proposed carbon tax could cost PPC ZAR90m
South Africa’s proposed draft carbon tax bill published in November could see PPC liable for an estimated ZAR90m in carbon tax, according to Pretoria News.
South Africa: rain dampens PPC Jan-Feb sales
PPC announced that adverse weather had negatively affected its cement and concrete sales in South Africa during January and February 2017. Rainfall in excess of 200mm was experi...
PPC
South African cement manufacturer PPC is reportedly in talks with its nearest rival AfriSam Group over a possible merger.
PPC will strengthen its hand with AfriSam merger
The focus of a potential merger in South Africa between two major cement producers caught the eye this week. PPC and AfriSam already have a significant stake in the country’s ce...
PCC and AfriSam in merger talks
PPC is in merger talks with its nearest competitor, AfriSam Group, seeking to overcome valuation disagreements that prevented the completion of previous tie-up efforts, accordin...
South Africa: PPC to fund Slurry Kiln 9 project from B-BBEE deal
JSE-listed cement maker PPC says it has started structuring its new broad-based black economic empowerment (B-BBEE) agreement, after it had concluded subscription agreements of ...
Report predicts strengthening demand for cement additives in Nigeria and South Africa
A new report by market research firm Frost & Sullivan forecasts that demand for cement additives in South Africa and Nigeria will grow at an annualised rate of 71 per cent as co...
PPC
Improved cement sales in South Africa and growing volumes in Rwanda resulted in PPC reporting a 13 per cent increase in group cement sales in the six months ending 30 September ...
Consolidation needed in South African market claims PPC chief
Darryll Castle, chief executive of PPC, has said that he believes there are too many cement companies operating in South Africa, adding that necessary consolidation would leave ...