Zimbabwe: PPC to invest US$200mn in production units to 2020

The Zimbabwean unit of South Africa-based cement group PPC is investing US$200 million (€180.92 million) to 2020 to expand its production facilities, planning 1.2 million tonnes of total annual capacity. It is currently opening a new milling plant in Harare for $86 million, to start operating in mid-2016. The company currently runs milling and clinker assets in Bulawayo and Gwanda, and while current PPC Zimbabwe operations are only running at 70% capacity, Njombo Lekula, managing director is reported

July 8, 2015 Read time: 1 min

It is currently opening a new milling plant in Harare for $86 million, to start operating in mid-2016.

The company currently runs milling and clinker assets in Bulawayo and Gwanda, and while current PPC Zimbabwe operations are only running at 70% capacity, Njombo Lekula, managing director is reported as saying that demand is ramping up as a result of infrastructure projects such as the expansion of the Kariba Dam.

PPC plans to receive 40% of its revenue from outside South Africa by 2017, and is developing projects in other locations including Rwanda, Ethiopia and the DR Congo.

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Darryll Castle, CEO of PPC, outlines bold world-class vision for SA cement giant

South Africa’s largest cement maker PPC has a bold vision to become a world-class provider of materials and solutions. Part of this plan entails doubling its business every 10 years. CEO Darryll Castle outlines to Munesu Shoko how he and his management team aim to deliver the company’s ambitious agenda.

PPC Ltd is a household name in the South African cement industry. Over the past few years, it has embarked on an African expansion programme that seeks to generate a big chunk of the company’s turnover el