Nampak looks at canned wine, water
Nampak's cans business accounts for 73% of its revenue
01 December 2019 - 00:07
Wine and water in cans is set to be a new trend as Nampak looks for growth in the can market - of which it already has an 80% share in SA - and takes advantage of the demand for more environmentally friendly packaging.
"It's an exciting opportunity - we are looking at wine, water and other opportunities and a lot of work has been done with certain of the winemakers," said Nampak CFO Glenn Fullerton. "The recyclability of aluminium is almost indefinite, and recycling rates north of SA are even higher than they are here."..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.