Cement makers push up prices as carbon tax bites

Business

Cement makers push up prices as carbon tax bites

Customers will bear the brunt as PPC and others offset higher costs of cement and lime

Siseko Njobeni

The new carbon tax will increase PPC’s annual costs for cement and lime by R100m to R120m, SA’s largest cement producer said on Friday.

The tax, which came into effect on June 1, will result in cement price increases as companies pass on the costs to customers.

 “The whole industry is doing that,” PPC SA MD Njombo Lekula said...

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