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BusinessDay The group is making headway in its simplification and optimisation strategy, saying the sales will allow it to stabilise the balance sheet and reduce interest-bearing debt
Moneyweb There is still quite a lot that could be done to reduce packaging and increase its utility and protective ability at lower weights – CEO Bruce Strong.
IOL Mpact, which yesterday reported a strong financial performance in the year to December 31, will focus on organic projects to extend its products and services, and generate sustainable energy, CEO Bruce Strong said yesterday.
News24 Africa's largest paper and packaging group Mpact has more than doubled its dividend payout for 2022, boosted by robust demand for paper and plastics in SA, as well as its ongoing energy rollout.
News24 Africa's largest paper and plastics packaging group Mpact says it's upbeat about its prospects even as tough economic conditions weigh on consumer spending. After more than doubling its dividend in 2022, it is eyeing continued tailwinds including SA's strong fruit exports, as well the ongoing shift to home deliveries by increasingly environmentally conscious consumers.
News24 The Competition Tribunal has rejected a merger between paper and packaging groups Neopak and Corruseal, in a case that had led to interventions by industry peers Mpact and APL Cartons.