PPC
South African cement manufacturer PPC is reportedly in talks with its nearest rival AfriSam Group over a possible merger. Merger talks first took place in 2014 when PPC’s sh...
South Africa
387 posts · Page 26 of 39
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 c...
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, accordi...
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 c...
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...
South Africa: PPC's 1H profits fall 66%
PPC Ltd reported a 66 per cent decline in half-year profit, hit by higher finance costs. PPC said headline earnings per share (EPS) totalled 14 cents in the six months to end...
PPC
At a presentation at the RMB Morgan Stanley Big Five conference in Cape Town on 26 September, PPC outlined how despite group cement sales volumes advancing by seven per cent in...
Zimbabwe: PPC's Harare plant to create growth opportunities
Pretoria Portland Cement (PPC) Zimbabwe says its new US$75m Harare plant wil be commissioned at year-end. PPC Zimbabwe Managing Director, Kelibone Masiyane, told NewsDay all wa...