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PPC share price surges 9.5% after board green lights R3bn cement plant in Western Cape
The Mercury
|March 28, 2025
Board greenlits PPC’s entry into engineer, and construct contract with Sinoma Overseas Development Company
PPC, which this week announced a massive solar power project, saw its share price surge by 9.5% on Thursday morning after its board approved plans to build a R3 billion cement plant in the Western Cape.
The board also greenlit PPC’s entry into engineer, procure, and construct (EPC) contract with Sinoma Overseas Development Company, a leading global cement equipment and engineering firm, for the construction of the plant.
This story is from the March 28, 2025 edition of The Mercury.
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