Astrapak inks R170m supply deal with FMCG group
Astrapak has concluded a R170-million multiyear supply agreement with an unnamed fast-moving consumer goods (FMCG) company that will see the plastic packaging group supplying a major portion of the client’s personal care and food packaging requirements.
The supply agreement would involve the operations of three of Astrapak’s manufacturing facilities: the Plastop operation, in KwaZulu-Natal, which used injection blow-moulding and extrusion blow-moulding technologies; blow-moulding centre JJ Precision Plastics, in KwaZulu-Natal; and thin-walled injection moulding and in-mould labelling specialists Marcom Plastics, in Pretoria.
Astrapak account executive Dave Tyler said the agreement solidified the long-term partnership between the two companies and demonstrated Astrapak’s commitment to supplying innovative, high-quality plastic packaging solutions to its blue-chip clients.
Astrapak CEO Robin Moore added that the “complex” negotiations had required goodwill from both sides.
“It involves three of our major operations and requires investment behind all our core moulding technologies. We firmly believe this contract is ‘win-win’ for both parties, which reaffirms our position in our core technologies and the personal care and foods end markets,” he said in a statement..
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