INVESTMENT
Consol reviews its decision to put R1.5bn factory on pause
Glassmaker rethinks investment choices after demand for bottles returns to pre-Covid levels
16 June 2021 - 16:34
Glass maker Consol, which shelved a R1.5bn investment in a new factory in 2020 as a result of a ban on the sale of alcohol, is reviewing the decision after production and the sale of glass bottles returned to levels seen before the Covid-19 pandemic.
CEO Mike Arnold said the company was revisiting the investment to meet anticipated demand...
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