Mpact looks to profit from boom in fruit exports
Paper and plastics packaging group sees headline earnings increasing about one-fifth for the year to December
20 February 2023 - 13:17
Mpact is banking on its R1.2bn investment expansion project (https://www.engineeringnews.co.za/topic/project) at its Mkhondo Paper (https://www.engineeringnews.co.za/topic/paper) Mill in Mpumalanga to yield results and take advantage of SA’s growing fruit export market.
The company said in a trading statement on Monday that the project will “meet growing virgin containerboard demand for quality, sustainable, fresh produce packaging driven by robust growth in the SA export fruit sector”...
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