South Africa: PPC CEO Matias Cardarelli has said that he will focus on improving South African operations and pursuing growth opportunities in Zimbabwe after his contract was extended until 31 March 2030. The company said that Cardarelli had helped ‘turn PPC around’ following his appointment in December 2023.
Specific avenues for growth identified by Cardarelli include the RK3 project in Western Cape, where the company is building a new ‘state-of-the-art’ integrated cement plant, and a ‘plant overhaul’ project with Sinoma in Zimbabwe.
PPC’s board said Cardarelli’s contract extension would secure his leadership through the completion of the Awaken the Giant turnaround strategy and align his tenure with the group’s strategic plan to 2030. “It has always been my intention to see the Awaken the Giant turnaround strategy through to completion,” said Cardarelli.
