R/€ = 17.07 Change: -0.11
R/$ = 16.76 Change: -0.24
Au 1739.07 $/oz Change: -66.14
Pt 860.50 $/oz Change: -16.40


Funders give Nampak until April 2023 to reduce debt by R1bn

By: Schalk Burger     5th July 2022 JSE-listed packaging company Nampak says funders have agreed to extend the date by which the company is required to reduce its net interest-bearing debt by R1-billion to April 1, 2023. Nampak is expected to repay the R1-billion in debt following either strategic asset disposals or a combination... 

Battery material lithium isn't a health threat - industry groups

By: Reuters     4th July 2022 Electric vehicle battery material lithium should not be classified as a hazardous substance by the European Union because the scientific evidence on which the proposal is based is weak, seven industry groups said. Lithium was added to the EU's list of critical raw materials in 2020 because it is... 

Competition Tribunal allows Mpact to intervene in Corruseal, Neopak merger

By: Donna Slater     1st July 2022 The Competition Tribunal has granted paper and plastics packaging manufacturer Mpact leave to intervene in the intermediate merger proceedings between paper packaging company Corruseal and recycled containerboard company Neopak. In March, the Competition Commission prohibited the proposed... 

Mondi completes sales of personal care components business to Nitto Denko

By: Donna Slater     1st July 2022 Paper and packaging solutions company Mondi has completed the sale of its personal care components business (PCC), part of the engineered materials business unit, to Nitto Denko Corporation for an enterprise value of R1.05-billion (€615-million). Mondi group CEO Andrew King says the sale of PCC,... 

Supply chain community’s first in-person gathering since Covid-19 was a huge success

30th June 2022 More than 600 supply chain professionals from Africa and around the world met in Cape Town for the 44th annual SAPICS Conference, hosted by The Professional Body for Supply Chain Management. It was the first in-person gathering of the SAPICS supply chain community since the start of the COVID-19... 

eWASA appoints Packaging Executive for section18 EPR

29th June 2022 The e-Waste Association of South Africa (eWASA) is proud to announce the appointment of Adri Spangenberg as Packaging Executive, with effect from 1 July 2022.   “In order for us to be compliant with the National Environmental Management: Waste Act and the Industry Waste Management Plan (IWMP)... 

This Environment Month, Coca-Cola celebrates increased PET recycling rates in South Africa

27th June 2022 As National Environment Month in June encourages everyone to Reimagine, Recover and Restore our global ecosystems, Coca-Cola continues to recognise its important role in empowering and investing in the South African recycling sector.  Through its commitment to designing, collecting, and... 

Engen pumps convenience as DSV Locker footprint grows

27th June 2022 Engen’ enduring promise ‘With us you are Number One” has always placed the customer at the very heart of its business. It is what inspires South Africa’s favourite* petrol station brand to invest great effort into remaining an attractive and convenient destination for motorists and shoppers.... 

Compact grinding and polishing system launched

24th June 2022 Having realised that consumers want smaller packaging units and functional sets containing components that are designed to work in harmony with one another, cutting and grinding solutions manufacturer PFERD has scaled down the packaging unit for its popular COMBICLICK system. “It’s like all the... 

LG Electronics champions sustainability this World Environment month

21st June 2022 Celebrated on 5 June every year, World Environment Day aims to encourage awareness around sustainable living in an effort to celebrate, protect, and restore our planet. First observed in 1973, the day is a chance to support available, affordable, and attractive ways for people to live more... 

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