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PPC Ltd. plans to build a 3 billion-rand ($160 million) cement plant at one of its existing sites in South Africa, with a capacity of 1.5 million tons of cement annually. The company signed a memorandum with Sinoma Overseas Development Co. for the project.
“PPC Ltd. plans to build a 3 billion-rand ($160 million) cement plant to serve South Africa’s Cape provinces as the nation’s top maker of the building material looks to modernize its assets.”bloomberg.com
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