NPK
NPK
NPK - Nampak Limited - Nampak Wiegand Glass Invests R500m in Glass Bottle
Manufacturing
NAMPAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/008070/06)
("Nampak")
ISIN: ZAE000071676
Share code: NPK
NAMPAK WIEGAND GLASS INVESTS R500m IN GLASS BOTTLE MANUFACTURING
Nampak Wiegand Glass is to invest almost R500 million in rebuilding and
expanding one of its furnaces at its glass bottle manufacturing facility at
Roodekop, Alberton.
Furnace 2 which is nearing the end of its useful life will be rebuilt at a
larger capacity and at the same time improved bottle-forming equipment will be
installed. This will enable Nampak Wiegand Glass to meet customer demand and
enter new markets from which it was previously excluded.
Commissioning is planned for the first quarter of 2012.
Andrew Marshall, Nampak CEO said "Nampak Wiegand Glass is part of Nampak`s core
metals and glass segment and this investment strengthens our position as a
reliable supplier to the growing glass packaging market."
Sandton
7 April 2011
Sponsor: UBS South Africa (Pty) Limited
Date: 07/04/2011 09:25:01 Produced by the JSE SENS Department.
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