# PG Bison announces R2 billion capital investment in South Africa

PG Bison announced a R2 billion capital investment over three years, including a major capacity expansion at its eMkhondo facility and a new MDF plant. The investment includes R560 million for a new dryer for the particleboard plant, and a new MDF plant to start in 2022 with first board expected mid-2023.

- Type: Investment
- Announced: 2020-11-19
- Where: eMkhondo (Piet Retief), Mpumalanga, South Africa
- Value: $130.0M (2.00B ZAR)
- Starts operating: Jul 2023
- Status: announced
- Capacity: particleboard: >1000 m³ per day; MDF: new plant
- Products: particleboard, medium density fibreboard (MDF)
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PG Bison](https://endata.com/companies/51319.md)
- [KAP Industrial](https://endata.com/companies/9624.md) (investor)

## Sources

- [pgbison.co.za](https://pgbison.co.za/pg-bison-announces-r2-billion-in-capital-investments/), 2020-11-19: "PG Bison is committed to the future of South Africa and we believe that these investments will support President Cyril Ramaphosa’s vision of growing domestic manufacturing as part of the economic recovery plan."
- [lesprom.com](https://www.lesprom.com/en/news/PG_Bison_announces_R2_billion_131_5_million_in_capital_investments_96611/), 2020-12-01: "PG Bison is investing an additional R560 million ($36.8 million) into a new front-end dryer for its particleboard plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.