http://www.engineeringnews.co.za
R/€ = 16.04 Change: 0.00
R/$ = 14.11 Change: -0.01
Au 1220.74 $/oz Change: -4.03
Pt 840.50 $/oz Change: -11.36
 

Paper, Plastics, Packaging, Printing News

Order for 97 MW steam generation system received

22nd June 2018 Thermal power generation systems manufacturer Mitsubishi Hitachi Power Systems (MHPS) has received an order to provide a steam turbine power generation system for a pulp and paper mill in Sumatra, Indonesia. With an output of 97 MW, the system will be used as an in-house power source, while steam... 

Mondi says completes acquisition of Egypt's NPP in Egypt

By: African News Agency      21st June 2018 Paper and packing company Mondi said late on Wednesday it had completed the acquisition of Egypt's National Company for Paper Products (NPP) for the equivalent of €24-million on a debt and cash free basis. NPP, which operates an industrial bags plant in Giza near Cairo, will be integrated into... 

Twinsaver opens Kliprivier plant, now largest tissue manufacturer in sub-Saharan Africa 

14th June 2018 Tissue manufacturer the Twinsaver Group last month opened a new manufacturing plant in Klipriver, on the border of the Midvaal and Ekurhuleni municipalities. Marleny Arnoldi tells us more. 

Twinsaver opens Kliprivier plant, now largest tissue manufacturer in sub-Saharan Africa
Twinsaver opens Kliprivier plant, now largest tissue manufacturer in sub-Saharan Africa

Local manufacturing crucial for economic growth

By: Jessica Oosthuizen     8th June 2018 Providing locally manufactured goods and supporting local manufacturing are massively important for the growth of the South African economy, says plastic conveyor components manufacturer IRP Engineering Plastics MD Kris Kibble. “Supporting international supply over local manufacture and supply... 

Local manufacturing  crucial for economic growth
KRIS KIBBLE IRP Engineering Plastics places a large focus on local manufacture and it is an issue that we as a company constantly reiterate to our market

Petco confident in South Africa’s PET recycling resilience

By: Marleny Arnoldi     7th June 2018 Polyethylene terephthalate (PET) recycling company Petco describes 2017 as one of the most challenging years for the company, with a 13% year-on-year consumption decline in the local PET market.  

Petco confident in South Africa’s PET recycling resilience
Photo by Marleny Arnoldi
Petco chairperson Dr Casper Durandt speaks at the Petco AGM

Nampak H1 profit up 10% y/y

By: Anine Kilian     30th May 2018 JSE-listed Nampak’s headline earnings and headline earnings a share for continuing operations increased by 11% and 10% to R849-million and 132c, respectively, for the six months ended March 31. Presenting the company’s results, on Thursday, CEO André de Ruyter said the performance from continuing... 

Insimbi achieves higher revenue, gross profit in FY18

By: Simone Liedtke     29th May 2018 JSE-listed Insimbi Refractory and Alloys Supplies will be adding a significant value uplift to its chrome and aluminium businesses when it starts supplying powder-makers with a lower-grade aluminium content powder. It will start taking orders for this product in July, Insimbi CEO Fred Botha told... 

Mondi Q1 performance strong despite maintenance shutdowns, challenging trading conditions

By: Marleny Arnoldi     16th May 2018 Paper and packaging multinational Mondi achieved an underlying profit of €295-million for the first quarter ended March 31 – a 15% improvement on the underlying profit of €256-million reported for the first quarter of 2017 and a 6% improvement on the €279-million reported for the fourth quarter... 

Mondi Q1 performance strong despite maintenance shutdowns, challenging trading conditions

Some inroads made after ten years of the Industrial Policy Action Plan - Davies

By: Kim Cloete     15th May 2018 Ramping up production in the automotive sector, resuscitating the ailing tooling industry and boosting the clothing, textiles, leather and footwear industries are among successes the government has listed in its review of ten years of the Industrial Policy Action Plan (Ipap). Despite a... 

Some inroads made after ten years of the Industrial Policy Action Plan - Davies

Sappi continues to invest in growth as Q2 performance beats expectations

By: Simone Liedtke     14th May 2018 Global diversified woodfibre company Sappi will continue to invest in its growth and has submitted an environmental approval application to expand its Saiccor mill, in KwaZulu-Natal by another 110 000 m2. Production is expected to start early in 2020, with the environmental approval expected... 

Sappi continues to invest in growth as Q2 performance beats expectations
Sappi CEO Steve Binnie

Tetra Pak seeks to launch paper straws for portion-sized packages before year-end

By: Marleny Arnoldi     2nd May 2018 Processing and packaging solutions company Tetra Pak hopes to launch a paper straw that is suitable for its portion-sized carton packages, before the end of this year.  

Mondi Group signs an agreement to acquire NPP in Egypt

By: African News Agency      1st May 2018 International packaging and paper group Mondi said on Monday it had signed an agreement to acquire 100% of the outstanding shares in Egypt's National Company for Paper Products and Import & Export for EGP510-million on a debt and cash free-basis. NPP is a privately owned industrial bags... 

Mondi Group signs an agreement to acquire NPP in Egypt

Mondi to acquire Egyptian industrial bags producer for €23.7m

By: Simone Liedtke     30th April 2018 International packaging and paper group Mondi will acquire Egyptian privately owned industrial bags producer National Company for Paper Products and Import & Export (NPP) for €23.7-million. The transaction is subject to customary closing conditions and is expected to complete during the first... 

Consol reconsiders decision to relist on the JSE

By: Marleny Arnoldi     25th April 2018 Glass packaging manufacturer Consol Holdings no longer plans to relist on the main board of the JSE, citing challenging market conditions.  

Consol reconsiders decision to relist on the JSE

CSIR developing water treatment, biodegradable plastic solutions

By: Anine Kilian     17th April 2018 Most of the plastics used in South Africa are nonbiodegradable, especially in the packaging industry, and end up in landfills, posing environmental threats and health concerns, Council for Scientific and Industrial Research (CSIR) polymer modification group leader Dr Avashnee Chetty says.... 

Consol IPO may raise up to $415m

By: Reuters     16th April 2018 South African glass bottle maker Consol aims to raise up to $415-million via an initial public offering (IPO), it said on Monday, returning the firm to public markets after more than a decade in the hands of private equity groups The flotation, pencilled in for April 30, comes amid growing... 

Mpact opens expanded corrugated plant in PE

By: Marleny Arnoldi     11th April 2018 Packaging company Mpact on Wednesday opened its expanded corrugated plant in Port Elizabeth.  

Mpact opens expanded corrugated plant in PE
Mpact Corrugated MD Johan Stumpf

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning

By: Simone Liedtke     5th April 2018 South African glass packaging manufacturer Consol plans to relist on the main board of the JSE. It was listed on the JSE until 2007, when it was taken private by a consortium of private equity investors, led by Brait Private Equity and which included Old Mutual Private Equity, Sanlam Private... 

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning
South African glass packaging manufacturer Consol plans to relist on the main board of the JSE

Polymer offering diversified into US beet sugar industry

By: Tasneem Bulbulia     30th March 2018 Thermoplastic producer Vesconite Bearings is expanding its polymer offering to the US beet sugar market, building on its experiences and success in the local and US sugar cane industries. Vesconite Bearings began supplying its locally-produced polymers to the South African sugar industry in 2009... 

Polymer offering diversified into US  beet sugar industry
PROCESS SWEETENER The HiTemp 150 hanger bearing is an abrasive-resistant material, ideal for applications that are wearing on traditional materials such as bronze

Renewability driving forest and paper industry

By: Victor Moolman     30th March 2018 Renewable commercial forests that supply the pulp, paper and board industry with wood fibre provide key environmental services and conserve our indigenous forests, says Paper Manufacturers Association of South Africa (Pamsa) executive director Jane Molony. “Commercially grown trees have helped to... 

Lack of carton collection reduces recycling processes

By: Victor Moolman     30th March 2018 Although paper and plastics packaging company Mpact has been processing liquid packaging successfully, not enough cartons are being collected to use for recycling. “Consumers don’t realise that liquid packaging, such as juice and milk cartons, are actually recyclable. We need to put in an effort... 

Paper producer to upgrade Mpumalanga mill 

By: Victor Moolman     30th March 2018 Pulp and paper producer Sappi will shut down its Ngodwana mill, in Mpumalanga, for four weeks in May, to install new equipment that will decrease bottlenecking. The company will install new machines, and upgrade the wood chipper, fibre line and pulp dryer, says Sappi Southern Africa CEO Alex... 

Paper producer  to upgrade Mpumalanga mill
SAPPI southern Africa CEO Alex Thiel explains what the company is doing and how the paper industry has changed. Camerawork: Nicholas Boyd. Editing: Christo Greyling.

Nampak mulls sale of glass business

By: Simone Liedtke     29th March 2018 JSE-listed packaging company Nampak plans to dispose of its glass business, as market demand exceeds the operation’s capacity to supply products, given ongoing production limitations. Progress within the business has not been as fast as desired and it is expected to make a loss for the half year... 

New research facility to unlock economic potential of South Africa’s biomass waste

By: Shirley le Guern     20th March 2018 The Department of Science and Technology and the Council for Scientific and Industrial Research (CSIR) on Tuesday launched a R37.5-million Biorefinery Development Facility (BIDF) in Durban that will bridge the gap between research and development and industrialisation, while helping to rejuvenate... 

New research facility to unlock economic potential of South Africa’s biomass waste
Science and Technology Minister Mmamoloko Kubayi-Ngubane and Biorefinery Development Facility group leader Bruce Sithole

Trojan Foods expands into packaging 

15th March 2018 With over 15 years in the food and beverage industry, food manufacturing company Trojan Foods has expanded into packaging services in response to the increased demand for specialised packaging solutions in the industry. Melissa Zisengwe tells us more. 

Trojan Foods expands into packaging
Trojan Foods expands into packaging

Mpact’s earnings fall in ‘challenging’ year

By: Anine Kilian     7th March 2018 In what CEO Bruce Strong described as the “most challenging year” for the group since listing, JSE-listed Mpact’s headline earnings a share for the year ended December 31, decreased to 166.3c, from 252.7c in 2016. Underlying operating profit fell to R457-million from R784-million in 2016, while... 

Mondi FY17 profit rises 4% to €1bn

By: Megan van Wyngaardt     2nd March 2018 Packaging giant Mondi on Friday reported a 4% year-on-year increase in underlying operating profit to €1.01-billion for the year ended December 31, benefitting from good demand and higher average selling prices across most of its businesses. "Our continuous drive for operational performance... 

Sappi concludes Cham Paper acquisition

By: Anine Kilian     28th February 2018 JSE-listed Sappi has completed the acquisition of Cham Paper Group (CPG). The transaction includes the acquisition of CPG’s Carmignano and Condino mills, in Italy, as well as its digital imaging business in Cham, Switzerland. 

KAP gears up for growth, announces solid interim results

By: Schalk Burger     23rd February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. Its revenue from continuing operations increased by 29%... 

KAP gears up for growth, announces solid interim results

By: Schalk Burger     12th February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. The group on Monday reported that its revenue from... 

Sappi's Q1 results in line with expectations

By: Simone Liedtke     7th February 2018 Pulp and paper producer Sappi's performance for the first quarter of the 2018 financial year was in line with group expectations, with earnings before interest, taxes, depreciation and amortisation (Ebitda), excluding special items, reaching $172-million. This was, however, lower than the... 

Sappi's Q1 results in line with expectations
Sappi CEO Steve Binnie

Albeit modest, metals sector poised for second consecutive year of growth 

By: Terence Creamer     2nd February 2018 South Africa’s metals and engineering sector is poised for a second consecutive year of modest growth, with the Steel and Engineering Federation of Southern Africa (Seifsa) forecasting a 1.1% expansion for 2018. The sector grew by 2.7% in 2017, breaking a streak of three consecutive years of... 

Albeit modest, metals sector poised for second consecutive year of growth
Seifsa chief economist Dr Michael Ade on the outlook for the metals and engineering sector in 2018. Camera Work: Nicholas Boyd. Editing: Christo Greyling. Recorded: 2.2.2018

Coca-Cola Peninsula Beverages seeks ways to help provide water to Cape Town

By: Simone Liedtke     1st February 2018 Local bottler Coca-Cola Peninsula Beverages (CCPB), in partnership with the Coca-Cola Foundation and participating suppliers, are finalising details for the provision of millions of litres of relief water to the drought-affected Western Cape and the City of Cape Town. CCPB on Thursday said this... 

Coca-Cola increases recycling efforts to contribute to waste-free world

By: Megan van Wyngaardt     19th January 2018 To battle the increasing number of plastic items on landfills and in the world’s oceans, beverage giant Coco-Cola plans to take one can or bottle “back”, for every bottle or can sold globally, by 2030. “We are fundamentally reshaping our approach to packaging, with a global goal to help collect... 

Coca-Cola increases recycling efforts to contribute to waste-free world

Mitigating plastic’s negative public image

By: Marleny Arnoldi     19th January 2018 Continued local and international pressure to ban plastic bags and other single-use plastics, as cited in the media and social media, is at an all-time high, says plastic industry representative body Plastics South Africa (Plastics SA).  

Mitigating plastic’s negative public image
BERNHARD MAHL The characteristics of plastics, including being lightweight, versatile and durable, allow for a strong contribution to a more environmentally sustainable South Africa

Recycling rate increases, boding well for environment

By: Marleny Arnoldi     19th January 2018 The latest plastics recycling figures released by industry body Plastics South Africa (Plastics SA) indicate that South Africans are recycling more plastics than before, which bodes well for local environmental sustainability.  

Recycling rate increases, boding well for environment
Photo by Bloomberg
RESIN FOR REUSE The largest market (comprising 20%) for recyclate is flexible packaging with low-density polyethylene sold to refuse and carrier bag manufacturers

Mondi Group signs agreement to acquire Powerflute

By: African News Agency      22nd December 2017 Packaging and paper company Mondi Group said on Friday it had signed an agreement to acquire 100% of the outstanding shares in Powerflute Group, a division of Nordic Packaging and Container Holdings for €365-million. Powerflute operates an integrated pulp and paper mill in Finland with an annual... 

Mondi Group signs agreement to acquire Powerflute

Latest News

more

Latest Videos

more

Projects

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close