SOUTH AFRICA : Denel Pmp Invests In New Explosive Manufacturing Facility.
The R10 million facility was opened by the chairperson of the PMP Board, Ms GabsieMathenjwa and the CEO, Mr Carel Wolhuter at the company s premises to the west of Pretoria.
Speaking at the opening Ms Mathenjwa said: PMP is a truly South African company, employs around 1 300 people and provides world-class ammunition to many customers and most notably to the South African National Defence Force and the S A Police Services. Through export, it earns foreign exchange of between R200 million and R300 million annually for South Africa .
The new investment will expand PMP s capacity to manufacture lead azide, by 150% to more than 5 tons per month. The main customers are Sasol and AEL, who use the lead azide in the manufacture of detonators for the mining industry.
The investment into this modern facility became necessary for two reasons:
To respond to the higher demand from PMP s clients; and To reduce risk. The new facility is geographically separate from the existing one, and can function independently.
PMP is one of the large business entities in the Denel Group. The company is internationally renowned for world-class military and commercial small and medium calibre ammunition.
According to Mr Carel Wolhuter, more than 35% of the company s business is derived from commercial products. These include brass strip, drillbits for the mining industry, hunting ammunition and primary explosives. This baseload enables PMP to be a reliable supplier of small and medium calibre ammunition to the local Security Forces, as well as to various customers around the world.
Mr Wolhuter also emphasized that safety is one of Management s primary focus areas. The company reached 1 million accident-free hours on 2 September 2011, and boasts a low Lost Time Injury Frequency Ratio of 0,27. This puts it in the top 5% of safe companies in the world.
2011 Al Bawaba (Albawaba.com)
Provided by Syndigate.info an Albawaba.com company
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|Date:||Oct 1, 2011|
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