Bloomberg News

South African Cement Output Putting Pressure on Prices, PPC Says

July 14, 2011

July 14 (Bloomberg) -- South Africa is producing more cement than it’s consuming and this is putting pressure on prices, Kevin Odendaal, Pretoria Portland Cement Co.’s executive for corporate stategy, told reporters in Pretoria today.

To contact the reporter on this story: Sikonathi Mantshantsha in Johannesburg at smantshantsh@bloomberg.net

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


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