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JSE-listed cement and lime producer PPC is adamant that the cement industry in South Africa needs to be protected from unfair competition in the form of imports and sub-standard products.
“Unfair competition contributes to an unsustainable pricing environment that threatens the financial viability of the local cement industry that is of strategic relevance to the country,” PPC CEO Roland van Wijnen said on Wednesday.
Njombo Lekula, MD of PPC Southern Africa, said PPC is cooperating with the industry in their collective efforts for the International Trade Administration Commission (Itac) to recognise the impact that imports have on the domestic cement sector overall.
Lekula added that they were also engaging with the South African authorities to ensure that blended cement meets the requisite standards after independent tests highlighted extremely serious non-compliances.
“Our sector is strategically relevant for South Africa and these measures are important to ensure that the cement industry is protected from unfair competition and remains sustainable,” he said. — Moneyweb.
Peter Tanyanyiwa
Online Reporter