7 NEWS PETplanet Insider Vol. 25 No. 06/24 www.petpla.net Alpla and Re-Purpose form strategic partnership to strengthen the plastics cycle in South Africa The Alpla Group and Re-Purpose have announced a strategic partnership that will advance sustainable packaging solutions and strengthen the feedstock value chain of Alpla’s very first PET recycling facility in Africa. Alpla is investing 60 million euros in the construction of a state-of-the-art recycling plant in Ballito in the South African province of KwaZulu-Natal. Construction of the plant on the 90,000m2 site is well advanced. From the beginning of 2025, the plant is expected to produce over 35,000t/a of rPET. Durban-based Re-Purpose is one of the market leaders in the reverse logistics of post-consumer plastic waste through sourceoriented collection programmes. With four material recovery facilities around KwaZulu-Natal, Re-Purpose is developing and empowering local communities and buy-back centres to collect and divert a significant volume of plastic waste. The model is also creating hundreds of jobs and income for previously disadvantaged people.The partnership combines the recycling expertise of Alpla and the reverse logistics of Re-Purpose. By joining forces, the two companies aim to develop solutions and promote the circular economy. At the same time, a large number of jobs will be created in KwaZulu-Natal, neighbouring provinces and potentially throughout the country. As part of the collaboration, Re-Purpose will maximise the utilisation of its current baling centres and set up new centres to make it easier for people to collect PET bottles. Re-Purpose will also assist Alpla in building a strategic supplier base for PET bottle bales and work with key stakeholders to expand community reach and separation at source programmes. The aim is to contribute to the collection of 5,000t of PET per month. This volume is expected to be required for the full capacity operation of Alpla’s recycling plant from 2026. www.alpla.com CCL Industries completes acquisition of 100% of Middle East Venture C C L I n d u s t r i e s I n c . announced it has completed the acquisition of the remaining 50% equity interest in its Middle East joint venture, PacmanCCL (“PCCL”), from its partner, Albwardy Investment LLC, headquartered in Dubai. PCCL, headquartered at its Dubai manufacturing facility in the UAE, operates label production facilities in Oman, Egypt, Saudi Arabia and Pakistan. Sales for the first four months of 2024 were approximately $34 million with $14 million of adjusted EBITDA. The debtfree, all cash purchase consideration is approximately $143 million, net of cash acquired, subject to customary closing conditions. The business will immediately commence trading as CCL Label with results fully consolidated. www.cclind.com
RkJQdWJsaXNoZXIy NTY0MjI=