Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

R100m recycling plant for Joburg

Mar 27 2009 07:38

Related Articles

Beer makers lose out on scrap

Dentures make a comeback

SA to decide on scrap metal tax

 

Top Stories

Xstrata shuts furnaces to aid Eskom

Feb 13 2012 12:15

Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

 
Share Share line Print

Johannesburg - Packaging group Nampak said on Thursday that Nampak Wiegand Glass is investing over R100m in a glass recycling facility. Nampak Wiegand Glass is an equal partnership comprising Nampak and one of Germany's leading glass manufacturers, Wiegand Glas.

The decision forms part of the Nampak group's broad commitment to the environment and increasing recycling rates across all forms of packaging, including glass, it said.

According to the latest figures, glass recycling amounts to approximately 20% of the industry's total outputs. Through its recycling investment, Nampak Wiegand Glass has set its sights on making a significant contribution by growing this figure to the 50% mark by 2011/12.

The facility is expected to meet all of the company's cullet supply needs in the future, it said.

The building of the glass recycling facility commenced earlier this month and is scheduled for completion in March 2010. It is based on a greenfield site at the Nampak Wiegand Glass factory in Roodekop, Johannesburg.

In the past, Nampak Wiegand Glass was hampered in its recycling efforts as the company didn't have the means to sort cullet mechanically.

The new glass recycling facility will accommodate state-of-the-art Binder equipment from Austria. The equipment will break, clean and sort glass according to colour. The glass will be sourced from post-industrial and post-consumer glass packaging from a network of agents and informal collectors.

The company will use all of the cullet in its glass-making operations.

The design of the new facility is aligned with global best practices in the area of glass recycling; and in many respects corresponds with what's in place at the Wiegand Glas plants in Europe. For the purposes of consistency, the same technical supplier is being used as well.

Nampak Wiegand Glass MD Stoney Steenkamp says that some 25 direct jobs will be created when the recycling facility is fully operational. A further minimum 1 000 informal jobs will be made available via agents and informal collectors. Various initiatives are planned to ensure ongoing supply, including community-based programmes.

- I-Net Bridge

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

NicolaaSmith

What would happen if Greece leaves the European Monetary Union What would happen if Greece leaves the European Monetary Union The Euro would become a foreign currency like the US Dollar in Greece. Very little would actually change. It would be illegal for the Greek monetary authority to overprint a... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...