SOURCED FROM: News24 | Nick Hedley | 13 Mar 2023 | ARTICLE LINK
- JSE-listed construction, mining and building materials group Afrimat is looking to scale up its hep consumption, which can be used as a building material.
- President Cyril Ramaphosa said in February that efforts will be made to ensure traditional communities benefit from legalisation of hemp and dagga.
- Turning to local suppliers will significantly reduce costs, but “hempcrete” will likely remain about 15-20% more expensive than cement.
JSE-listed Afrimat is looking to develop a local hemp supplier base as it prepares to scale up a fledgling business unit that used the plant as a building material.
Launched in mid-2021, Afrimat Hemp has relied on imports from the UK and France for its pilot projects in South Africa and neighbouring countries.
- though domestic supply remains limited for the time being, says Boshoff Muller, co-founder of Afrimat Hemp, which was one of the first companies to receive a hemp permit from the department of agriculture, land reform and rural development.
“There’s lots of excitement and opportunity in hemp, and some local material is coming online, but it’s not enough for us yet,” Muller tells News24. “Hopefully in 2024 we’ll see larger volumes coming online.”