PPC Limited

PPC Ltd
Company type
Public
JSE: PPC
ISINZAE000170049
Founded1892; 134 years ago (1892)
HeadquartersJohannesburg, South Africa
Area served
Southern Africa
Key people
Jabu Moleketi (Chairman)
Matias Cardarelli (CEO)[1]
ProductsCement
Construction aggregate
Pre-mix fly ash
RevenueDecrease R9.81 billion (2025)[2]
Increase R817 million (2025)[2]
Decrease R466 million (2025)[2]
Total assetsDecrease R9.01 billion (2025)[2]
Total equityDecrease R5.68 billion (2025)[2]
Number of employees
3,000 (2025)[citation needed]
SubsidiariesPPC Zimbabwe Limited
Websiteppc.co.za

PPC Ltd is a South African manufacturer of cement, aggregates, ready-mixed concrete, and fly ash.[3][4] The company is headquartered in Johannesburg, and operates mainly in South Africa, Botswana, and Zimbabwe.[5] Founded in 1892, PPC is one of South Africa's oldest companies.[6]

History

Established in 1892, PPC operated South Africa's first cement plant.[citation needed]

In May 2025, it was reported that German company Heidelberg Materials was considering a bid to wholly acquire PPC. This followed PPC competitor AfriSam receiving a buyout offer from Chinese company West China Cement.[7]

In 2021, PPC's revenue and profitability declined significantly, and the company embarked on a turnaround strategy. In 2024, interim results reported strong performance.[6]

In November 2022, PPC said it had plans to sign a power purchase agreement for wheeled electricity, supplied by an independent power producer, in the coming 6 months.[8]

This was followed up with an announcement in May 2026 that PPC had signed a 24.5 MW solar power agreement with Yellow Door Energy, which would contribute towards PPC's decarbonization goals by removing around 60,000 tons of carbon emissions per year. The project would deliver power to four PPC sites, sourced from YDE's solar facility in the North West province.[9]

In the same month, PPC was approved for a secondary (South African) listing, to trade on the A2X stock exchange.[10]

In August 2025,  PPC announced a R3 billion investment in a new integrated cement facility in the Western Cape, which would subsume some of the production done by its Riebeeck site, also in the Western Cape.[11] The new site is intended to have a capacity of 1.5 million tons per year, and promote a more sustainable approach to cement production.[12]

Operations

PPC operates four integrated plants, two grinding stations and three blending plants in South Africa, one integrated plant and two blending plants in Zimbabwe, and one blending plant in Botswana. For its aggregates, PPC has quarries in Laezonia, Mooiplaas, and Centurion.[11]

The company produces around 2 million tons of cement per year,[11] and has a total production capacity of approximately 11.5 million tons per year.[6]

References

  1. ^ "PPC - Our Leadership". PPC. Retrieved 7 June 2026.
  2. ^ a b c d e "PPC - 2025 Annual Financial Statements" (PDF). PPC. Retrieved 7 June 2026.
  3. ^ "PPC Cement | Aggregates, Concrete, Fly Ash". www.ppc.africa. Retrieved 20 August 2025.
  4. ^ "PPC reports improved earnings in 10MFY25-26". Cemnet. 19 March 2026. Retrieved 7 June 2026.
  5. ^ Loni Prinsloo, Bloomberg (5 May 2026). "Heidelberg weighs bid to acquire South African cement firm PPC". Moneyweb. Retrieved 7 June 2026.
  6. ^ a b c Bianke Neethling (24 November 2025). "130-year-old company in South Africa going from zero to hero". Daily Investor. Retrieved 8 June 2026.
  7. ^ Bloomberg (5 May 2026). "PPC rockets amid rumoured German buyout bid". news24. Retrieved 7 June 2026.
  8. ^ Terence Creamer (21 November 2022). "PPC ready to respond rapidly to any infrastructure-led uptick in cement demand". Engineering News. Retrieved 8 June 2026.
  9. ^ "PPC and Yellow Door Energy sign 24.5 MW Solar Power Purchase Agreement". SAPVIA. 26 May 2025. Retrieved 8 June 2026.
  10. ^ "PPC cement next to get a secondary listing on A2X". BusinessTech. 24 May 2023. Retrieved 8 June 2026.
  11. ^ a b c Marleny Arnoldi (27 March 2025). "PPC unpacks turnaround progress, rationale behind new plant". Engineering News. Retrieved 8 June 2026.
  12. ^ "Overview - PPC". www.ppc.africa. Retrieved 20 August 2025.

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