Atlantis fabric manufacturing facility project, South Africa

7th April 2017 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Atlantis fabric manufacturing facility project, South Africa

Name of the Project
Atlantis fabric manufacturing facility project.

Location
The proposed project will be built in Atlantis, in the Western Cape, South Africa.

Client
Pegas Nonwovens.

Project Description
The proposed project involves the construction and installation of a fabric manufacturing facility with a production line capacity of 10 000 t/y.

All materials used during operations will be sourced locally, while the machines used in production will use state-of-the-art German technology.

Jobs to be Created
The project is expected to create 200 jobs.

Value
The first phase of the project is expected to cost €30-million to €35-million to complete.

Duration
The project is expected to take 30 months to complete.

Latest Developments
In line with the city’s investment incentives, Pegas will qualify for exemption from application fees for land and building plans.

Development facilitation fees will also be waived, while development applications will be fast-tracked.

The land use application is expected to take three months, with the building plan approval taking five days.

The final decision regarding the construction of the plant and the ordering of a new production line continues to be subject to the finalisation of negotiations with customers.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Pegas Nonwovens head of external reporting Jan Židek, tel +420 515 262 408 or email jzidek@pegas.cz.