PG Bison investment projects, South Africa

26th February 2021 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

PG Bison investment projects, South Africa

Name of the Project
PG Bison investment projects.

Location
Mpumalanga, South Africa.

Project Owner/s
PG Bison, a subsidiary of KAP Industrial Holdings.

Project Description
PG Bison announced in November at the 2020 South Africa Investment Conference that it planned to roll out several capital projects in South Africa over the next three years.

The company is investing in a new front-end dryer for its particleboard plant. This will significantly increase capacity, advancing its eMkhondo plant, in Mpumalanga, to more than 1 000 m3/d of particle board production. This additional investment comes on the back of the R600-million already spent on a new Siempelkamp Contiroll press and forming line.

The next stage in the company’s plans is to build an additional medium-density fibreboard (MDF) plant at the same location.

Currently, PG Bison produces 400 m3/d at its MDF plant, in Boksburg, Gauteng. The new additional plant will increase this to 800 m3/d of MDF, providing PG Bison with a total installed capacity on MDF of 1 200 m3/d between its two MDF plants.

Potential Job Creation
Not stated.

Capital Expenditure
R560-million will be invested in the new front-end dryer for the particleboard plant.

About R1.42-billion will be invested in the new MDF plant.

Planned Start/End Date
The new front-end dryer for the particleboard plant project is due for completion by December 2021.

The MDF project is expected to start in 2022 and the first board is expected by mid-2023.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
PG Bison (head office), tel +27 11 897 5200.