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Paper, Plastics, Packaging, Printing News

Mondi to acquire 90% stake in Turkish consumer packaging company

By: Creamer Media Reporter 2nd June 2016 Packaging and paper group Mondi will acquire a 90% interest in Turkish consumer packaging company Kalenobel for €90-million. “The acquisition of Kalenobel supports the growth of our consumer packaging business, broadening our product portfolio and geographic reach to better serve our customers in... →

Nampak moves to build resilience in tough market

By: Natasha Odendaal 1st June 2016 JSE-listed Nampak planned to increase its resilience in the face of challenging conditions as it entered the second half of the financial year. “Proactive and prudent” steps had been taken to reduce the JSE-listed group’s cost base and improve operational performance, while strengthening its... →

Nampak CEO Andre de Ruyter

Competition Commission sets sights on paper packaging companies

By: Creamer Media Reporter 26th May 2016 The Competition Commission on Thursday said it was investigating packaging paper products producers Mpact and New Era Packaging over allegations of collusion. A search and seizure operation of the parties’ Gauteng and Free State premises got under way on Thursday after warrants were obtained from... →

DTI identifies first five companies in industrialist programme

By: Irma Venter 19th May 2016 Government had identified the first five companies that would benefit from its Black Industrialists (BI) programme, said Department of Trade and Industry (DTI) incentive development and administration division deputy director-general Malebo Mabitje-Thompson on Thursday. Speaking to Engineering... →

DTI urged to consult widely on new rail, agroprocessing incentives

By: Terence Creamer 17th May 2016 Trade and Industry Minister Dr Rob Davies reaffirmed on Tuesday that government planned to pursue an increasing number of sector-specific incentive schemes, with an initial focus on the creation of new incentives for the agroprocessing and railways industries. Speaking at a business briefing... →

Mpact officially opens R350m rPET recycling plant

By: Natasha Odendaal 10th May 2016 Paper and plastics packaging business Mpact’s new R350-million polyethylene terephthalate (PET) recycling operation in Wadeville, Germiston, has resulted in South Africa becoming the twenty-fourth country – and the first on the African continent – to meet beverage company The Coca-Cola Company’s... →

Sappi's shares rise as H1 profit surges

By: Natasha Odendaal 9th May 2016 Following pulp and paper manufacturer Sappi’s continued recovery over the past few quarters, the group has posted a doubling of profits for the first half of the current financial year. The company’s profit increased 119% from $80-million in the six months to March 2015 to $175-million for the... →

Sappi CEO Steve Binnie

Alternative energy systems boosting African industrial supply chains

By: Schalk Burger 8th April 2016 Alternative energy and storage systems are being used to make various portions of African industrial supply chains more effective and resilient, as well as control energy costs and production disruptions, says electrical equipment specialist firm Eaton alternative energy specialist Winfried... →

Mondi’s Russian subsidiary under antimonopoly investigation

By: Natasha Odendaal 4th April 2016 Dual-listed packaging and paper group Mondi on Monday denied any wrongdoing following the launch last week of an investigation by Russia’s Federal Antimonopoly Service (FAS) for allegedly violating certain aspects of the country’s antimonopoly law. In a statement released on Friday, the FAS said... →

Contraction of paper industry unlikely despite challenges

By: Robyn Wilkinson 25th March 2016 Despite the difficult economic climate, Paper Manufacturers Association of South Africa (Pamsa) executive director Jane Molony believes that it is unlikely that there will be significant contraction in the paper industry this year. →

FORESTRY The paper industry aims to stimulate rural development and improve timber yield through forestry initiatives

Mill upgrade set to increase capacity by 60 000 t/y

By: Robyn Wilkinson 25th March 2016 The R765-million expansion to paper and plastic packaging manufacturer Mpact’s Felixton mill will increase capacity by 60 000 t/y to 215 000 t/y upon completion, says Mpact CEO Bruce Strong. →

Glass manufacturer turns it around through operational efficiencies

By: David Oliveira 25th March 2016 Despite reporting a R76-million loss for its glass business in 2015, packaging company Nampak has recorded seven consecutive profitable months since July last year, owing to improved sales, operational planning processes and key operational excellence interventions, thereby leading to greater... →

Association sets 2020 target

By: Robyn Wilkinson 25th March 2016 The Paper Recycling Association of South Africa (Prasa) aims to increase the recovery of recyclable paper products to 70% by 2020 through raising awareness about the importance of keeping paper products in a recyclable state throughout their life cycles. →

RECYCLING IMPERATIVE Prasa urges businesses and individuals alike to maximise opportunities for paper recycling

Sappi envisions growth in renewable resources

By: Robyn Wilkinson 25th March 2016 Despite the challenges in South Africa’s economic and political landscapes, international pulp and paper company Sappi’s Southern Africa regional CEO Alex Thiel claims that it is an exciting time for the industry, as there is opportunity for growth in renewable resources. →

ALEX THIEL Sappi is excited about upgrades to the Ngodwana and Saiccor mills, in line with the company’s new vision for itself

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. →

Improved operations brings glass operations back into profitability

Improved plastics business performance lifts Mpact’s FY results

By: Anine Kilian 2nd March 2016 Paper and plastic packaging manufacturer Mpact on Wednesday reported basic earnings a share of 366.9c for the year ended December 31, compared with 259.1c the year before. Group revenue increased 10.8% to R9.5-billion, while underlying operating profit increased 21% to R909-million, with the... →

Photo by Duane Dawes
Mpact CEO Bruce Strong

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