KAP has been bogged down with cyclically weaker-than-expected global polymer margins that have driven lower earnings in 2023, but it is confident of a turnaround with the completion of its capital projects and restructuring initiatives.

These steps will aid the R6.3bn JSE-listed group in its quest to significantly reduce group debt which was up R568m to R8bn by the end of June...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.