South African packaging manufacturers Consol, Mpact expand production capacities to meet demand

SOUTH AFRICA – South African glass packaging manufacturer, Consol Glass is set to re-embark on its R1.5 billion (US$106.69m) investment in a new factory which was indefinitely put on hold last year, due to the reduction in demand for glass products driven by the Covid-19 pandemic and government’s ban on the sale of alcohol. The glass maker has revealed that it is reviewing the decision after production and the sale of glass bottles returned to pre-Covid levels. To this end, CEO Mike Arnold told Business Live, that the company is…

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SA glass packaging industry hangs by a thread risking loss of millions of dollars with prolonged alcohol ban

SOUTH AFRICA – South African glass packaging manufacturer, Consol Glass has indicated that the glass industry could lose a further R1.5 billion (US$98 million) in sales and thousands of direct jobs and hundreds of thousands of indirect jobs in the industry’s supply chain, if the recent ban on alcohol sales continues for long. The alcoholic beverages industry in South Africa accounts for about 85% of sales in the glass packaging industry. The escalating Covid-19 pandemic in South Africa pushed the government to renew its ban on alcohol sales for the…

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