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Foreign exchange losses lead to 48% y/y drop in Nampak’s FY HEPS

By: Anine Kilian     21st November 2016 JSE-listed packaging group Nampak on Monday reported a 48% decline in headline earnings per share (HEPS) to 107.6c for the year ended September 30, mainly owing to foreign exchange losses, which adversely impacted HEPS by 86.1c. Basic earnings per share for the period increased by 11% benefiting... 

Industrial symbiosis key to growth in recycling and manufacturing sectors

By: Simon Sonnekus     30th August 2016 The Industrial Symbiosis (IS) Programme delivered by the National Cleaner Production Centre of South Africa (NCPC-SA) at the Council for Scientific and Industrial Research (CSIR) campus has proven to be important in the creation of several synergies that are providing effective recycling... 

Big brands to celebrate 50 years of supply chain excellence

     7th April 2016 Syspro, Barloworld Logistics, and Bidvest Panalpina Logistics have all signed up to celebrate the 50th birthday of SAPICS, the community for supply chain professionals in southern Africa. The celebrations will reach a high point at the 38th Annual SAPICS Conference & Exhibition, where conference... 

Nampak stronger after restructure

By: Natasha Odendaal     16th March 2016 JSE-listed beverage, food and nonperishable packaging manufacturer Nampak is now in a stronger position to leverage its manufacturing capacity and restructured portfolio to navigate challenging economic conditions in key markets. However, the company revised its capital expenditure (capex)... 

Improved operations brings glass operations back into profitability 

By: Creamer Media Reporter      10th March 2016 Packaging company Nampak invited media to its glass manufacturing facility earlier this month to highlight its improved operational efficiencies, which has taken its glass business from red to black in recent months. 

Budget-conscious Nampak fleshes out Africa-focused 2016 strategy

By: Natalie Greve     17th September 2015 Beverage, food and nonperishable goods packaging manufacturer Nampak will continue to tighten capital expenditure (capex) and cost controls as it enters the 2016 financial year, citing continuing volatile conditions in its primary markets, but it plans to continue its acquisitive approach to the... 

Nampak H1 results hampered by S African trading environment

By: Megan van Wyngaardt     26th May 2015 JSE-listed packaging company Nampak’s headline earnings a share for the six months to March 31, fell by 8% year-on-year to 101.6c a share, owing to challenging trading conditions in South Africa. “Nampak’s group performance had a mixed start to the current financial year with the first-half... 

SA companies not pulling out of Africa amid xeno threats

By: News24Wire      21st April 2015 SA mining companies in Zimbabwe and several other Africa operations have not been targeted by the wave of retaliatory action over the recent xenophobic attacks in Durban and Johannesburg. Officials and sources at most mining companies in Zimbabwe and executives from the chamber of mines said as... 

Aluminium can market, auto sheet demand drives FY growth for Hulamin

By: Natalie Greve     23rd February 2015 Sales volumes of South African aluminium manufacturer Hulamin’s rolled products increased 3% to 196 000 t in the year ended December 31, with heat-treated plate and canstock products emerging as the portfolio’s strongest performers. Exports of rolled products by the JSE-listed group contributed... 

Nampak CFO, director retire

     4th February 2015 The CFO of JSE-listed packaging company Nampak, Gareth Griffiths, will retire. “To ensure a smooth transition, Griffiths has agreed to extend the date of his retirement [until] a suitable successor [is] found,” the company said on Wednesday. 

Waste materials recovery facility to increase production

By: Mia Breytenbach     31st October 2014 The waste-separation and recycling management facility in Skukuza, in the southern region of the Kruger National Park, in Mpumalanga, is ramping up production, packaging group Nampak group investor relations manager Zanele Salman tells Engineering News. The facility was established to make the... 

PLAQUE UNVEILING

     17th October 2014 In the context of a chronically weak manufacturing environment, news that Nampak Glass had invested R1.2-billion in a third furnace at its Germiston facility was quite uplifting. Pictured above are Trade and Industry Minister Dr Rob Davies and Nampak CEO André de Ruyter at the official... 

Company expands African operations

By: Ilan Solomons     8th August 2014 Local projects constitute about 70% of local furnace and industrial services company Dickinson Group’s yearly revenue, but the company aims to increase its stake in the African market by establishing new and strengthening existing subsidiaries on the continent. Dickinson Group CEO Trevor... 

Kruger park, Nampak launch multimillion-rand waste, recycling system 

By: Creamer Media Reporter      29th May 2014 The Kruger National Park, with the help of paper and packaging company Nampak, has changed the way it manages its waste in an attempt to make the park more environmentally friendly.  

Kruger park, Nampak launch multimillion-rand waste, recycling system

By: Leandi Kolver     11th April 2014 The Kruger National Park in partnership with paper and packaging company Nampak on Friday launched its waste separation and recycling facility in Skakuza, in the southern region of the KNP. The more than R7-million facility, funded by Nampak, the Kruger National Park Honorary Rangers and other... 

New Nampak CEO takeover date shifted forward

By: Leandi Kolver     25th February 2014 JSE-listed Nampak on Tuesday announced that CEO designate André de Ruyter would take over from current CEO Andrew Marshall on March 1, rather than only on April 1 as originally planned. This change in takeover date was owing to the handover process having “proceeded well”, Nampak said, adding... 

Hulamin announces R300m recycling investment amid Bayside supply concerns

By: Natalie Greve     24th February 2014 JSE-listed aluminium products manufacturer Hulamin has announced a R300-million investment in additional scrap separation, processing and recycling equipment, with start up planned in mid-2015, in a bid to wean the company off its partial dependency on rolling slab from BHP Billiton’s Bayside... 

Nampak to acquire Nigerian beverage can facility for first-mover advantage

By: Natalie Greve     18th November 2013 South African packaging company Nampak has entered into an agreement with Clements Nominees in terms of which Nampak will acquire the entire issued share capital of Nigeria-based beverage can manufacturing facility Alucan Packaging from investment holding company Alucan Investments for... 

Nampak H1 earnings up, CEO to step down

By: Creamer Media Reporter      28th May 2013 JSE-listed packaging manufacturer Nampak, which on Tuesday reported a 3% year-on-year rise in headline earnings a share to 108.8c for the six months ended March 31, announced that its CEO Andrew Marshall would retire in March 2014. “The board wishes to thank [him] for his valuable contribution to... 

Mboweni appointed SacOil chairperson

By: Natalie Greve     23rd April 2013 African independent upstream oil and gas company SacOil has appointed former South African Reserve Bank governor Tito Mboweni as its independent nonexecutive chairperson from June 1. Mboweni, a former Labour Minister in President Nelson Mandela's Cabinet and one of the World Economic Forum's... 

Hulamin earnings rise to R64m despite volatile market conditions

By: Natalie Greve     25th February 2013 Aluminium manufacturer Hulamin achieved a 19% increase in headline earnings to R64-million for the year ended December 31, 2012, from R54-million in 2011, during what CEO Richard Jacob described as an “up-and-down year". “With rand aluminium prices remaining fairly stable, the metal price... 

Nampak to spend R1.6bn on glass, beverage can expansion projects

By: Idéle Esterhuizen     8th February 2013 The board of South African packaging company Nampak approved capital expenditure of about R1-billion for the installation of a third glass furnace for its Nampak Glass division, at its Roodekop plant, outside Johannesburg. Nampak Glass signed long-term supply contracts with key customers to... 

African operations boost Nampak profit

     21st November 2012 South African packaging company Nampak on Wednesday reported that its trading profit from the rest of Africa increased by 159% for the year ended September, following decent contributions from its Angola and Zambia operations. The group’s trading profit increased by 16% to about R1.8-billion and... 

Nampak completes Elopak SA acquisition

     2nd November 2012   South African packaging company Nampak has finalised the R115-million acquisition of the remaining 50% shareholding in Elopak South Africa. 

Company raises awareness of metal can recycling

By: Anine Kilian     2nd November 2012 Metal packaging manufacturer Nampak’s Bevcan and Divfood divisions, together with recycling initiative Collect-a-Can and its interactive awareness brand, Can Do!, will launch local initiatives that form part of international Canvironment Week at the Green Expo, in Cape Town, later this month.... 

Astrapak appoints new CEO

     19th October 2012 Plastic packaging company Astrapak has appointed Robin Moore as its new group CEO, effective November 5. Prior to the appointment, Moore was the MD of packaging manufacturer Nampak’s flexible cluster, where he was involved in restructuring a number of its operations. 

Nampak acquires rest of Elopak South Africa

By: Megan van Wyngaardt     4th September 2012 South African packaging company Nampak on Tuesday said it would buy the remaining 50% shareholding in Elopak South Africa for R115-million. Nampak already owned 50% of the Norwegian company’s subsidiary, which manufactures gable top paper cartons for fresh beverages and dry foods. The... 

Packaging industry holds many opportunities

By: Yolandi Booyens     6th July 2012 While the South African packaging industry is facing challenges like many other sectors, it is capable of successfully competing in global markets and packaging companies should aim to turn challenges into opportunities, advises paper and plastic packaging manufacturer Mpact CEO Bruce Strong. 

Nampak posts stronger half-year results

By: Creamer Media Reporter      29th May 2012 JSE-listed packaging manufacturer Nampak on Tuesday posted a 13% increase in headline earnings a share from continuing operations and 10% revenue growth for the first half of the 2012 financial year. Headline earnings a share from continuing operations climbed to 106c, as a result of improvement... 

Retailer, oil firm launch recycling initiative

By: Jade Davenport     20th November 2009 South African companies Woolworths and Engen have installed recycling facilities for paper, cardboard, glass and plastic at selected Engen service stations in the Western Cape as part of their commitment to reducing landfill waste and protecting the environment. 

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