Market News
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Kenya’s cabinet approves joint venture in currency printing
Posted on :Saturday , 17th January 2015
Nairobi: The controversial money printing contract awarded to British currency printer De La Rue can now get underway.The approval from the cabinet brings to an end a decade-old stand-off over the lucrative deal.A communication from the cabinet meeting on Thursday indicated that the contract, which was first approved in 2011 by former President Mwai Kibaki&rsqu. . .Soft drink company Coca Cola launches plastic recycling project
Posted on :Wednesday , 29th October 2014
Soft drink giant Coca-Cola East and Central Africa is leading a new initiative to help tackle plastic bottle wastes with a recycling project already running in Kenya.
Through an industry coalition with plastic bottle manufacturer Safepak Ltd and Highlands Mineral Water Company, the soft drink manufacturer recently launched the recycling project in Kenya with a view . . .Coca-Cola launches PET recycling scheme in Kenya
Posted on :Wednesday , 15th October 2014
According to the East African, the company launched its drive to have more of the country's used polyethylene terephthalate (PET) recycled, in collaboration with bottle maker Safepak and the Highlands Mineral Water Company. The three organisations aim to be recycling 70 per cent of the plastic containers they release to consumers by 2015. Bob Okello, public affairs manager for Coca-Cola East an. . .
Sidel international eyes Kenya\'s packaging industry
Posted on :Wednesday , 20th August 2014
Kenya’s beverage packaging industry has a new player: Sidel international, which is seeking local partnerships as it plans to launch its products in the country.
The firm’s zone vice president for the Greater Middle East and Africa, Mr Clive Smith, says the planned move is in line with Sidel’s activities in the past few years where it has installed. . .
PET Recycling Plant worth US $33.06m in Gauteng, South Africa.
Posted on :Monday , 18th August 2014
Plastic Packaging manufacturer and recycler Mpact has signed an agreement with Industrial Development Corporation (IDC) to construct a polyethylene terephthalate (PET) recycling plant worth US $33.06m in Gauteng, South Africa.
This announcement was made by the company recently when it was releasing its financial results for the past six months ended June 30.. . .Please Select an Option
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