Kungani kusibanje? PPC to close two mills in Bulawayo, moving to Harare by Business reporter PPC Zimbabwe expects to commission its new Harare cement plant in 2016 at a cost of $80 million in addition to a new clinker mill on the Zimbabwean border with Mozambique for $200 million. The group says the plants are expected to help boost operating efficiencies for the company which is set to close two mills at its Bulawayo plant as they are now inefficient. In a podcast, parent company CE Ketso Gordhan said: As part of efforts to efficiently manage operations, PPC would retire two less efficient mills at the Bulawayo plant. (The new) modern efficient mill in Harare gives a competitive advantage and a phased capital expenditure approach reduces risk.
Posted on: Thu, 22 May 2014 03:17:03 +0000
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