CAMEROON – Cameroonian beverage giant, Société Anonyme des Brasseries du Cameroun (SABC), is seeking to invest an estimated of XAF5 billion (US$8.8m) to renovate its furnace n°1 and acquire a third PET preform line for its glass factory Socaver (Société camerounaise de verrerie). According to the subsidiary of French company Castel and Netherlands based brewer Heineken, the investment aims to boost Socaver’s production capacity. As per SABC’s estimates, the furnace n° 1 should become operational by late 2023 while the third PET preform line will start operations by April 2022.…
Read MoreSABC group announces US$8.8m investment to boost glass production capacity
