PPC - Pretoria Portland Cement Company Limited - PPC announces first production
PPC
PPC
PPC - Pretoria Portland Cement Company Limited - PPC announces first production
from new Batsweledi kiln line
Pretoria Portland Cement Company Limited
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000096475
("PPC" or "the company")
PPC announces first production from new Batsweledi kiln line
PPC advises that the new 1.25m ton per annum kiln at Dwaalboom was fired up last
weekend and has successfully produced its first product this week. The company
also notes that the project is within the R1.4 billion budget.
"The hard work in settling this state of the art process down to achieve
consistent availability and maximum output now begins" said John Gomersall the
CEO.
"We must commend our whole PPC team involved with the project and all the
contractors and their teams, on their hard work and especially on the incredible
safety record achieved during the 36 month construction period. At the peak we
had almost 1 500 contract personnel on site in addition to our normal Dwaalboom
team of about 300 people. Over the 3 years only 7 minor injuries were incurred
and there were no fatalities. This must be a record for major mining and
manufacturing projects in South Africa," he added.
PPC will advise shareholders of the impact of the new capacity on the coming
financial year in its prospects and outlook statement when announcing its
results early in November 2008.
The company notes that it is currently in a closed period.
ENDS
For more details please contact:
Jaco Snyman
Company Secretary
+2711 386 9000
Johannesburg
3 October 2008
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 03/10/2008 09:49:01 Produced by the JSE SENS Department.
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