Photo by: Bloomberg
Aluminium supplier Hulamin has agreed terms with Nampak for the supply of some 110 000 t of rolled aluminium can end, can body and can tab stock over a three-year period, starting in April next year.
The previous supply agreement totalled about 50 000 t and terminated in March 2016. The new agreement would see Hulamin increase its share of the local aluminium can body stock market to around 50%, with the balance coming from imported product.
Hulamin sales and marketing group executive Darryl Weisz said the group was "delighted" that Nampak had the confidence in Hulamin to see the continued growth in its supply of rolled aluminium into the regional market.