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Pan PacificAggregate (MXO)

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Tuesday 01 June, 2010

Pan PacificAggregate

Quadling process plant commen

RNS Number : 8212M
Pan Pacific Aggregates PLC
01 June 2010
 



 

Press Release

1 June 2010

 

Pan Pacific Aggregates plc

("PPA" of the "Group")

 

Quadling process plant commences operations

 

Pan Pacific Aggregates plc (AIM:PPA), the British Columbia based aggregates company,  is pleased to announce that as of Friday, 28 May 2010, the Group has begun to produce specification aggregates via the use of its main processing plant at its Quadling Quarry.  The production of specification aggregates diversifies the Group's offering and will increase sales volumes and improve margins.  Prior to the opening of the processing plant, the Group produced limited product sales since its opening on 26 March 2010..  PPA will now be producing a full range of products to service the Group's existing customers and to attract new buyers.

 

The Vancouver region continues to enjoy buoyant market conditions which have resulted in greater aggregates demand through commissioned infrastructure and construction based projects.  Due to the Group's strategic location, which is adjacent to Highway One (Trans-Canadian Highway), Pan Pacific Aggregates has a unique competitive advantage over immediate competitors.

 

William Voaden, Managing Director of Pan Pacific Aggregates, said: "I am delighted to announce that the Quadling Quarry processing plant is now in full operation.  Pan Pacific Aggregates will not only be able to service the increasing demand for specification aggregates in the region through its enlarged offering, but also increase sales volumes and improve margins.  We look forward to supplying interested parties with our newly diversified aggregates products."

 

- Ends -

 

 



For further information:

Pan Pacific Aggregates plc


William Voaden, Managing Director

Tel: +44 (0) 20 7096 9580


www.panagg.com

Matrix Corporate Capital LLP


Louis Castro / Tim Graham

Tel: +44 (0) 20 3206 7000

 

VSA Capital Limited


Paul Backhouse

Tel: +44 (0) 20 7096 9589

 

Media enquiries:

Abchurch Communications Limited


Nick Probert / Quincy Allan

Tel: +44 (0) 20 7398 7715

nick.probert@abchurch-group.com

www.abchurch-group.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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