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Paper, Plastics, Packaging, Printing News

Sappi shares fall on lower Q3 profit

By: Simone Liedtke     13th August 2018 Dissolving wood pulp (DWP), paper and pulp producer Sappi’s share price on the JSE fell by as much as 10.4% on Monday after the company reported a 12% year-on-year decrease in net profit to $51-million for the third quarter ended June 30, compared with a net profit of $58-million reported for the... 

Investments in paper business start paying off – Mpact

By: Anine Kilian     8th August 2018 Capital investments in JSE-listed Mpact’s paper business are starting to contribute to the group’s performance, CEO Bruce Strong said on Wednesday. Reporting on the group’s results for the six months ended June 30, he noted that the gains made in the paper business had, however, been offset by a... 

Mondi declares €0.21 dividend on strong H1 performance

By: Marleny Arnoldi     3rd August 2018 LSE- and JSE-listed packaging and paper group Mondi has delivered a strong performance in the first half of this year, and declared an interim dividend of €0.21 a share. Mondi’s underlying earnings before interest, taxes, depreciation and amortisation are €852-million, which was up 17%... 

Sappi debuts on FTSE/JSE Responsible Investment Top 30 index

By: Marleny Arnoldi     31st July 2018 Pulp and paper producer Sappi has been included in the FTSE/JSE Responsible Investment Top 30 Index. The company has also been confirmed as a constituent of the FTSE4Good Index Series, which is designed to measure the performance of companies demonstrating strong environmental, social and... 

Biodegradable polymer market value to grow to $1.7bn by 2023

By: Marleny Arnoldi     27th July 2018 As plastic regulations and bans on plastic bags and other single-use plastic items such as drinking straws increase globally, the demand and, therefore, market value of biodegradable polymers exceeds $1-billion and will rise sharply to $1.7-billion by 2023, says global information provider IHS... 

Company completes reusable bins supply for new vehicle model

By: Halima Frost     27th July 2018 Rotational and low pressure injection moulding specialists Kaymac Structural Foam (KSF) completed a contract with a leading German automobile manufacturer last month, where it supplied reusable collapsible bins for components of a new vehicle model being manufactured in South Africa for world... 

Company completes reusable bins supply for new vehicle model
HOLDING IT TOGETHER Collapsible bins were produced to hold automotive parts

Sappi to invest R7.7bn on Saiccor mill expansion, improvement initiatives

By: Marleny Arnoldi     23rd July 2018 Paper and packaging producer Sappi will invest R2.7-billion in 2018 and 2019 on expanding the capacity of its Saiccor Mill, in Umkomaas, south of Durban, to produce 890 000 t/y of dissolving wood pulp (DWP). The mill currently produces 780 000 t/y of DWP.  

Sappi to invest R7.7bn on Saiccor mill expansion, improvement initiatives
Sappi Southern Africa CEO Alex Thiel

Entrenched player furthers provincial presence

By: Tasneem Bulbulia     20th July 2018 Plastic conveyor components manufacturer IRP Engineering Plastics (IRP) continues to invest in innovation and the development of its product range to continue offering market leading solutions to the food, beverage, packaging and materials handling industries in and around KwaZulu-Natal, IRP MD... 

Entrenched player furthers provincial presence
REGIONAL PROVIDER IRP Engineering Plastics locally manufactures conveyer components and engineers high-performance plastics at its KwaZulu-Natal operation

Sappi to build xylitol, furfural production demo plant

By: Creamer Media Reporter      18th July 2018 Pulp and paper producer Sappi has decided to build a demonstration plant to further scale up its novel Xylex technology for the production of xylitol and furfural. The plant, which will become operational in early 2019, will be located adjacent to the existing sugars and lignin extraction plant... 

Sappi to sponsor fellowship in global sustainability programme

By: Marleny Arnoldi     16th July 2018 Paper and packaging producer Sappi will, as one of the founding partners of the Prince of Wales Global Sustainability Fellowship Programme, fund research into artificial intelligence and bringing carbon emissions in the paper and pulp industry to net zero. The three- to five-year fellowships,... 

SARB launches commemorative Mandela notes, R5 coin for circulation

By: Marleny Arnoldi     13th July 2018 The South African Reserve Bank (SARB) on Friday hosted a commemorative occasion at Freedom Park, in Pretoria, to introduce a series of banknotes and a R5 circulation coin, in honour of what would have been former President Nelson Mandela’s one-hundredth birthday this year.  

SARB launches commemorative Mandela notes, R5 coin for circulation
Photo by Marleny Arnoldi
SARB commemorative notes to be circulated in July

Vacuum systems leak detection a first for Southern Africa

By: Halima Frost     13th July 2018 South African pump distributor Integrated Pump Technology has added on-site vacuum leak detection of vacuum systems to complement its existing service offering of design, supply, service and repairs of vacuum pumps and systems. Making use of the recently launched Leybold Phoenix Quadro portable... 

Plastics SA, CSIR discuss new tech at Innovation Forum

By: Marleny Arnoldi     11th July 2018 At the third yearly Innovation Forum organised by industry association Plastics SA’s training division, in collaboration with the Council for Scientific and Industrial Research (CSIR), on Wednesday, speakers highlighted the need for innovation with regard to waste management, packaging and... 

Plastics SA, CSIR discuss new tech at Innovation Forum
CSIR polymers and composites

Voluntary PET recycling volumes to grow to 70% within four years

By: Simone Liedtke     10th July 2018 Polyethylene terephthalate (PET) recycling company Petco expects voluntary PET recycling volumes in South Africa to grow to 70% within the next three to four years, Petco chairperson Dr Casper Durandt said on Tuesday. South African bottlers, who are voluntary members of Petco, are increasingly... 

Voluntary PET recycling volumes to grow to 70% within four years
Photo by Dylan Slater
(Left to Right) Petco CEO Cheri Scholtz, CSIR principal researcher Dr Suzan Oelofse, Petco chairperson Dr Casper Durandt

SAGCC, partners aim to digitalise industries

By: Melissa Zisengwe     22nd June 2018 The Southern African-German Chamber of Commerce and Industry (SAGCC) and its partners are looking into automating and digitalising South African supply chain industries. According to the SAGCC, there is a substantial shift towards automation and digitalisation in organisations in Germany and in... 

SAGCC, partners aim  to digitalise industries
Photo by Bloomberg
NEW STANDARD There is a shift towards automation and digitalisation of supply chains

Order for 97 MW steam generation system received

22nd June 2018 Thermal power generation systems manufacturer Mitsubishi Hitachi Power Systems (MHPS) has received an order to provide a steam turbine power generation system for a pulp and paper mill in Sumatra, Indonesia. With an output of 97 MW, the system will be used as an in-house power source, while steam... 

Order for 97 MW steam generation system received
Photo by Bloomberg
SYSTEM SUPPLY Mitsubishi Hitachi Power Systems will supply the core components such as the steam turbine and the generator

Mondi says completes acquisition of Egypt's NPP in Egypt

By: African News Agency      21st June 2018 Paper and packing company Mondi said late on Wednesday it had completed the acquisition of Egypt's National Company for Paper Products (NPP) for the equivalent of €24-million on a debt and cash free basis. NPP, which operates an industrial bags plant in Giza near Cairo, will be integrated into... 

Twinsaver opens Kliprivier plant, now largest tissue manufacturer in sub-Saharan Africa 

14th June 2018 Tissue manufacturer the Twinsaver Group last month opened a new manufacturing plant in Klipriver, on the border of the Midvaal and Ekurhuleni municipalities. Marleny Arnoldi tells us more. 

Twinsaver opens Kliprivier plant, now largest tissue manufacturer in sub-Saharan Africa
Twinsaver opens Kliprivier plant, now largest tissue manufacturer in sub-Saharan Africa

Local manufacturing crucial for economic growth

By: Jessica Oosthuizen     8th June 2018 Providing locally manufactured goods and supporting local manufacturing are massively important for the growth of the South African economy, says plastic conveyor components manufacturer IRP Engineering Plastics MD Kris Kibble. “Supporting international supply over local manufacture and supply... 

Local manufacturing  crucial for economic growth
KRIS KIBBLE IRP Engineering Plastics places a large focus on local manufacture and it is an issue that we as a company constantly reiterate to our market

Petco confident in South Africa’s PET recycling resilience

By: Marleny Arnoldi     7th June 2018 Polyethylene terephthalate (PET) recycling company Petco describes 2017 as one of the most challenging years for the company, with a 13% year-on-year consumption decline in the local PET market.  

Petco confident in South Africa’s PET recycling resilience
Photo by Marleny Arnoldi
Petco chairperson Dr Casper Durandt speaks at the Petco AGM

Nampak H1 profit up 10% y/y

By: Anine Kilian     30th May 2018 JSE-listed Nampak’s headline earnings and headline earnings a share for continuing operations increased by 11% and 10% to R849-million and 132c, respectively, for the six months ended March 31. Presenting the company’s results, on Thursday, CEO André de Ruyter said the performance from continuing... 

Insimbi achieves higher revenue, gross profit in FY18

By: Simone Liedtke     29th May 2018 JSE-listed Insimbi Refractory and Alloys Supplies will be adding a significant value uplift to its chrome and aluminium businesses when it starts supplying powder-makers with a lower-grade aluminium content powder. It will start taking orders for this product in July, Insimbi CEO Fred Botha told... 

Mondi Q1 performance strong despite maintenance shutdowns, challenging trading conditions

By: Marleny Arnoldi     16th May 2018 Paper and packaging multinational Mondi achieved an underlying profit of €295-million for the first quarter ended March 31 – a 15% improvement on the underlying profit of €256-million reported for the first quarter of 2017 and a 6% improvement on the €279-million reported for the fourth quarter... 

Mondi Q1 performance strong despite maintenance shutdowns, challenging trading conditions

Some inroads made after ten years of the Industrial Policy Action Plan - Davies

By: Kim Cloete     15th May 2018 Ramping up production in the automotive sector, resuscitating the ailing tooling industry and boosting the clothing, textiles, leather and footwear industries are among successes the government has listed in its review of ten years of the Industrial Policy Action Plan (Ipap). Despite a... 

Some inroads made after ten years of the Industrial Policy Action Plan - Davies

Sappi continues to invest in growth as Q2 performance beats expectations

By: Simone Liedtke     14th May 2018 Global diversified woodfibre company Sappi will continue to invest in its growth and has submitted an environmental approval application to expand its Saiccor mill, in KwaZulu-Natal by another 110 000 m2. Production is expected to start early in 2020, with the environmental approval expected... 

Sappi continues to invest in growth as Q2 performance beats expectations
Sappi CEO Steve Binnie

Tetra Pak seeks to launch paper straws for portion-sized packages before year-end

By: Marleny Arnoldi     2nd May 2018 Processing and packaging solutions company Tetra Pak hopes to launch a paper straw that is suitable for its portion-sized carton packages, before the end of this year.  

Mondi Group signs an agreement to acquire NPP in Egypt

By: African News Agency      1st May 2018 International packaging and paper group Mondi said on Monday it had signed an agreement to acquire 100% of the outstanding shares in Egypt's National Company for Paper Products and Import & Export for EGP510-million on a debt and cash free-basis. NPP is a privately owned industrial bags... 

Mondi Group signs an agreement to acquire NPP in Egypt

Mondi to acquire Egyptian industrial bags producer for €23.7m

By: Simone Liedtke     30th April 2018 International packaging and paper group Mondi will acquire Egyptian privately owned industrial bags producer National Company for Paper Products and Import & Export (NPP) for €23.7-million. The transaction is subject to customary closing conditions and is expected to complete during the first... 

Consol reconsiders decision to relist on the JSE

By: Marleny Arnoldi     25th April 2018 Glass packaging manufacturer Consol Holdings no longer plans to relist on the main board of the JSE, citing challenging market conditions.  

Consol reconsiders decision to relist on the JSE

CSIR developing water treatment, biodegradable plastic solutions

By: Anine Kilian     17th April 2018 Most of the plastics used in South Africa are nonbiodegradable, especially in the packaging industry, and end up in landfills, posing environmental threats and health concerns, Council for Scientific and Industrial Research (CSIR) polymer modification group leader Dr Avashnee Chetty says.... 

Consol IPO may raise up to $415m

By: Reuters     16th April 2018 South African glass bottle maker Consol aims to raise up to $415-million via an initial public offering (IPO), it said on Monday, returning the firm to public markets after more than a decade in the hands of private equity groups The flotation, pencilled in for April 30, comes amid growing... 

Mpact opens expanded corrugated plant in PE

By: Marleny Arnoldi     11th April 2018 Packaging company Mpact on Wednesday opened its expanded corrugated plant in Port Elizabeth.  

Mpact opens expanded corrugated plant in PE
Mpact Corrugated MD Johan Stumpf

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning

By: Simone Liedtke     5th April 2018 South African glass packaging manufacturer Consol plans to relist on the main board of the JSE. It was listed on the JSE until 2007, when it was taken private by a consortium of private equity investors, led by Brait Private Equity and which included Old Mutual Private Equity, Sanlam Private... 

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning
South African glass packaging manufacturer Consol plans to relist on the main board of the JSE

Polymer offering diversified into US beet sugar industry

By: Tasneem Bulbulia     30th March 2018 Thermoplastic producer Vesconite Bearings is expanding its polymer offering to the US beet sugar market, building on its experiences and success in the local and US sugar cane industries. Vesconite Bearings began supplying its locally-produced polymers to the South African sugar industry in 2009... 

Polymer offering diversified into US  beet sugar industry
PROCESS SWEETENER The HiTemp 150 hanger bearing is an abrasive-resistant material, ideal for applications that are wearing on traditional materials such as bronze

Renewability driving forest and paper industry

By: Victor Moolman     30th March 2018 Renewable commercial forests that supply the pulp, paper and board industry with wood fibre provide key environmental services and conserve our indigenous forests, says Paper Manufacturers Association of South Africa (Pamsa) executive director Jane Molony. “Commercially grown trees have helped to... 

Lack of carton collection reduces recycling processes

By: Victor Moolman     30th March 2018 Although paper and plastics packaging company Mpact has been processing liquid packaging successfully, not enough cartons are being collected to use for recycling. “Consumers don’t realise that liquid packaging, such as juice and milk cartons, are actually recyclable. We need to put in an effort... 

Paper producer to upgrade Mpumalanga mill 

By: Victor Moolman     30th March 2018 Pulp and paper producer Sappi will shut down its Ngodwana mill, in Mpumalanga, for four weeks in May, to install new equipment that will decrease bottlenecking. The company will install new machines, and upgrade the wood chipper, fibre line and pulp dryer, says Sappi Southern Africa CEO Alex... 

Paper producer  to upgrade Mpumalanga mill
SAPPI southern Africa CEO Alex Thiel explains what the company is doing and how the paper industry has changed. Camerawork: Nicholas Boyd. Editing: Christo Greyling.
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