25 June 2017
   
Zim govt yet to fully reform, British envoy
Zim politics also needs Diasporans, Fay Chung
MP Langa’s terror gang torch homes
ZEC says has no copy of 2013 voters roll
Cops shoot armed robbers at children's bash
Alert brother foils school boy theft
Chombo legacy: residents stop paying debts
Magufuli says teen mums must quit school
MORE NEWS
Diamond production to double - minister
Chinamasa lauds SA's Gigaba, seeks money
MORE BUSINESS
Zimbabweans: Cde Chinx a national hero
UK-based author publishes Shona novel
MORE SHOWBIZ
Mushumba to remain at Highlands Parl
Messi could get fine instead of jail term
MORE SPORTS
We must not wait for Mugabe to die
Zim: The $100bln economy dream
MORE OPINION
 
Prophets: Africa’s major pull-back factor
2018: As the MDC-T threatens violence
MORE COLUMNISTS
 
 

PPC commissions $85mln cement plant, targets exports

11/11/2016 00:00:00
by Source.co.zw
 
 
RELATED STORIES

HARARE: PPC Zimbabwe says it expects to increase exports into the region after commissioning a $85 million plant in Harare which will double the firm’s cement production capacity to 1.4 million tonnes per year.

Apart from PPC Zimbabwe’s cement industry comprises of two other players, Larfarge Zimbabwe and Sino-Zim with installed capacity of 450,000 tonnes and 250,000 tonnes respectively.

The country’s demand for cement for the year is estimated at 1,17 million tonnes.

“At the moment we are exporting very little into Zambia, Malawi and Mozambique but it is nothing really to write home about,” said PPC managing director, Kelibone Masiyane on Friday during a tour of the new plant.

“We have to intensify our efforts to try capture that market but already we are at a disadvantage because the manufacturing cost in Zimbabwe is pretty high. So to compete in those markets will be pretty difficult but we are looking at the benefits that will come from this increased capacity,” he said.  

PPC has two other plants in Zimbabwe, in Bulawayo and Colleen Bawn near Gwanda with production capacity of 700,000 tonnes  annually.

“The market might be depressed at the moment but this investment it is strategic.  We understand that currently the economy is in turmoil but we have a long range view for Zimbabwe we have confidence that it will take a turn.  

Apart from South Africa and Zimbabwe, PPC also has units in Botswana, Ethiopia, Rwanda.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
comments powered by Disqus
 
RSS NewsTicker