The deal strengthens South Africa’s role as a regional beneficiation hub under AfCFTA, supplying semi-fabricated aluminium to neighbouring markets for automotive, construction, and packaging.
The plant processes post-consumer PET bottles, mainly from Pakistani municipal kerbside collection, with output used in its own preform production or sold locally and abroad.
The bonus issue is expected to be implemented within two months of the board meeting, pending shareholder approval.
Using up to 50% less material than traditional triangle packs, squares, blocks, or tubs, stick packs greatly reduce carbon footprint and environmental impact.
The investment is part of a wider push to deliver global expertise locally to customers in a region marked by fast growth and rising metal packaging competition.
Skanem operates four Bobst flexo presses, and adding Durst’s digital inkjet lets it meet changing brand-owner demands while enhancing its flexo strengths.
The press integrates into flexible packaging workflows and delivers a wider colour gamut, enabling conversion or co-production with analog flexo and rotogravure.
The new ranges give organisations more choice, based on volume, output, and workflow, with three colour and four monochrome models to suit different needs.
Sorting bins at Petra are expected to cut landfill waste from the site and create opportunities for local recyclers to process the collected materials.
Integrated capabilities, masterbatch, BOPP, coating, and metallisation across the group, ensure consistent quality and faster development for Asia’s expanding packaging market.