October 7: The fastest canmaking line for steel beverage cans in the southern hemisphere is being planned for the west-African state of Angola by South Africa’s Nampak.
Chief executive John Bortolan said that the US$88m project was one of the most significant greenfield investments in the company’s history and part of a series of growth initiatives, in which Nampak has invested over R1.5 billion ($221m) in the past 12 months.
The project replaces plans to transfer one of Nampak’s manufacturing lines from South Africa, as revealed in February 2005 in The Canmaker .
