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News PPC forecasts ‘subdued’ South African cement demand growth

PPC forecasts ‘subdued’ South African cement demand growth

Written by Global Cement staff 15 September 2022
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South Africa: PPC says that the consumption of cement in South Africa will ‘remain subdued’ without new ‘significant’ infrastructure investments. The producer forecast demand growth of 2.5% year-on-year in 2022. It concluded that growth will likely not suffice to offset its cost inflation.

The company said “PPC will continue its efforts to counter input price inflation through price adjustments, operational efficiencies and improved industrial performance.”

Last modified on 21 September 2022
Published in Global Cement News
Tagged under
  • South Africa
  • PPC
  • costs
  • Price
  • demand
  • consumpt
  • growth
  • trade
  • fossil fuels
  • Forecast
  • GCW575

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