Market News | PACKPLAST TANZANIA 2024

Market News

  • Platinum Packaging, Experts in Flexible Packaging in Kenya Invest in BOBST oneECG Technology

    Posted on :Friday , 5th July 2024

    Recently, two new Master M6 inline flexo presses with oneECG and DigiFlexo automation were added by the Nairobi-based converter.

     

    Platinum Packaging has incorporated two automated Bobst Master M6 inline flexo presses with oneECG technology, departing from its prior operational approach. This calculated investment was made by the Kenyan flexible packaging expert to streamline i. . .

  • A $60 Million Capital Injection Provided Significant Support To A Tanzanian Glass Bottle Company

    Posted on :Tuesday , 4th June 2024

    In Dar Es Salaam. The International Finance Corporation (IFC) and Standard Bank of South Africa have contributed $60 million (about Sh156 billion) to Kioo Limited, a Tanzanian glass bottle producer, giving it much-needed support.  

     

    In a statement released, Kioo Limited stated that the funding is intended to help it expand its manufacturing capabilities in order to satisf. . .

  • Gravita India Shares Gain as Company Opens A Plastic Recycling Plant In Tanzania

    Posted on :Thursday , 1st February 2024

    On Thursday, Gravita India Ltd.'s stock increased by 3% after the company's announcement that its subsidiary had started up at the Tanzanian plastic recycling factory. 

     

    According to a filing to the stock exchanges, the recycling company, which has manufacturing centers across the world, has begun the commercial production of Recycled Polypropylene Granules at its new pla. . .

  • In Africa, the recycling of plastic trash is picking up steam.

    Posted on :Tuesday , 28th June 2022

    Food and beverage packaging is an important element of modern living, since it helps to assure food safety and prevent waste. However, the globe faces a packaging problem that demands a global solution. Coca-Cola Beverages Africa (CCBA), in collaboration with The Coca-Cola Company, has set ambitious goals to collect one bottle or can for every one it produces by 2030, use 50 percent recycled co. . .

  • Tanzania: Recycling helping growth in Businesses and job creation in Africa

    Posted on :Tuesday , 3rd May 2022

    As the world celebrated Recycling Day, more and more plastic trash is being redirected from landfills and into a circular economy that helps African countries generate employment and entrepreneurship.

     

    Diana Sibanda, Group Head of Sustainability at Coca-Cola Beverages Africa (CCBA), said the firm was working on more environmentally friendly ways to manufacture, distribute. . .

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