Botswana cement sales declining-PPC

South African cement producer PPC reported on Wednesday that its sales volumes in South Africa and Botswana were still declining, but at a slower rate than had been the case earlier in 2010, with some regions showing a modest growth in sales.

However, sales to the construction industry, which typically comprised about 20% of PPC's sales, were significantly lower, while Zimbabwe sales during July were impacted by a longer-than-planned plant shutdown. Normal sales resumed in that country during August, however.

Overall, the volume outlook for 2010 remained "negative and uncertain", the company said during an investor road show.

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