PPC - Pretoria Portland Cement Company Limited - PPC`s new kiln achieves
PPC
PPC
PPC - Pretoria Portland Cement Company Limited - PPC`s new kiln achieves
Pretoria Portland Cement Company Limited
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000125886
("PPC" or "the company")
PPC`s new kiln achieves
Pretoria Portland Cement is pleased to announce that its new Dwaalboom kiln 2
(Batsweledi) has for the month of May 2009 performed at above warranted output.
John Gomersall, CEO of PPC commented; "We are very pleased to reach this point
after effectively only 7 months of operation and we are now even more confident
that this kiln line will comfortably exceed warranted output levels. This bears
testimony to PPC`s historical philosophy of buying excellent equipment and not
necessarily the cheapest. It is what has and will continue to make PPC a
sustainable company"
Gomersall would not be drawn on by how much the kiln line would exceed the
warranted capacity of 1.25 million tons of cement per annum but did add; "This
reinforces our recent statement on expected savings generated by this
investment."
PPC noted in their 2009 interim results that the project will be within budget
and that the performance of the new more efficient Dwaalboom kiln 2 had allowed
its plans to shut down three older kilns to be realised.
For further enquiries contact:
PPC +27 11 386 9000
John Gomersall
Kevin Odendaal
College Hill +27 11 447 3030
Jacques de Bie +27 82 691 5384
Nandile Ngubentombi +27 82 825 8004
4 June 2009
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 04/06/2009 11:32:02 Produced by the JSE SENS Department.
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