PPC Zim ex­pects to in­crease re­gional ex­ports

Chronicle (Zimbabwe) - - Business -

PPC Zim­babwe says it ex­pects to in­crease ex­ports into the re­gion after com­mis­sion­ing an $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 has 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.

“Com­pet­ing in those mar­kets will be pretty dif­fi­cult but we are look­ing at the ben­e­fits that will come from this in­creased ca­pac­ity,” he said.

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

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