PPC Ltd.

South African cement conglomerate

PPC Ltd
Company typePublic (JSE: PPC)
Founded1892 (126 years ago)
ProductsCement, lime (material), construction aggregate, ReadyMix, fly ash
Net income
  • Increase ZAR 10,271 billion (2018)
  • ZAR 9,641 billion (2017)
Total assets
  • Decrease ZAR 16,206 billion (2018)
  • ZAR 18,035 billion (2017)
Number of employees
3,500+ (2018)
Websitehttps://www.ppc.co.za/

PPC Ltd, a supplier of cement, lime (material) and related products in southern Africa. It has 11 cement factories and a lime manufacturing facility in six African countries including South Africa, Botswana, Democratic Republic of the Congo, Ethiopia, Rwanda and Zimbabwe. The company is headquartered in Sandton (Johannesburg).[1]

PPC’s Materials business, consisting of Pronto Holdings (including Pronto Building Materials, Ulula Ash and 3Q Mahuma Concrete), forms part of the company’s channel management strategy for southern Africa. PPC’s footprint in the readymix sector has grown to include 29 batching plants across South Africa and Mozambique and also has the capacity to produce half a million tons of fly ash. PPC also produces aggregates in South Africa and Botswana.[2]

PPC Lime, one of the largest lime producers in the southern hemisphere, produces metallurgical-grade calcitic and dolomitic lime and sinter stone used mainly in the steel and related industries. In 2019, PPC Ltd indicated that currency depreciation in Zimbabwe had negatively affected the group's bottom-line.[3]

  • A PPC Ltd freightliner.
    A PPC Ltd freightliner.

References

  1. ^ The Standard (South Africa) (16 January 2022). "PPC to install solar plant for Colleen Bawn operations". The Standard (South Africa). Retrieved 13 March 2022.
  2. ^ "About PPC Ltd". Reuters.com. Retrieved 13 March 2022.
  3. ^ Tanishaa Nadkar and Shounak Dasgupta (20 November 2019). "South African cement firm PPC's earnings hit by Zimbabwe inflation". Reuters.com. Retrieved 13 March 2022.

External links

  • Why S&P is upbeat on PPC As of 3 July 2018 (Available via subscription only).
  • AfriSam Cancels Head of Terms With PPC A of 25 August 2018.
  • PPC Limited Integrated Report 2018 As of 23 August 2018.
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