More than bouncing back from Covid-19, Mpact gears up for growth
Group intends to tap into a growing desire for in-country sourcing and more eco-friendly products
Mpact, SA’s biggest paper and plastics packaging business and recycler, intends to complete four new operating sites across SA over the next 18 months as part of its multimillion-rand investment in new capacity to meet growing demand, says CEO Bruce Strong.
The paper and plastics packaging group in June announced plans to spend R500m on new capacity after the company had benefited from strong demand from the domestic fruit sector and disruptions to global supply chains. The investment is also in line with Mpact’s intention to tap into a growing desire for in-country sourcing and with shifting consumer trends towards more eco-friendly products...
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