PPC Barnet DRC has awarded an EPC contract to Sinoma International Engineering Company of China to construct a new cement plant in the Democratic Republic of Congo (DRC). The main sponsors of the US$300 million project include PPC Ltd, Barnet Group and the International Finance Corporation (IFC). The investment forms part of PPC’s expansion plans in Africa, which aim to increase the company’s revenue from outside South Africa from the current 26% to 40% by 2017.
“The plant is located near Zamba in the Cataracts district, approximately 230 km from Kinshasa. The fully integrated plant will consist of a 5-stage preheater kiln with an inline calciner and will produce 1 million tons of cement per annum to serve both the rapidly growing market in the DRC and neighbouring export markets,” said Trevor Barnard, PPC’s Business Development Executive.
The plant is expected to take around 26 months to complete, with commissioning scheduled for 4Q16. The new plant will generate approximately 300 direct jobs once fully operational.
Read the full article here: http://www.worldcement.com/news/regional-insight/articles/Sinoma-wins-EPC-contract-for-new-plant-in-DRC-279.aspx#.U-rinDMcRes