Black firm in R500m govt-backed flexible plastic packaging film expansion

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Uploaded by on Jan 31, 2011

A 100% black-owned flexible plastic packaging film producer is embarking on a R500-million expansion programme to substitute imports and to capture a larger slice of the burgeoning African market.

Fima CEO Patrick Munyembate tells Engineering News Online in a video interview at the company's two-line plant in Krugersdorp's Chamdor industrial area that R350-million of the planned R500-million capital injection will be on a new third production line that will be larger than the combined capacity of the two existing lines.

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