U.S. Markets close in 6 hrs 17 mins
  • S&P 500

    +25.53 (+0.61%)
  • Dow 30

    +176.26 (+0.53%)
  • Nasdaq

    +91.91 (+0.72%)
  • Russell 2000

    +6.01 (+0.31%)
  • Crude Oil

    -1.87 (-1.98%)
  • Gold

    +4.50 (+0.25%)
  • Silver

    +0.05 (+0.23%)

    -0.0049 (-0.4727%)
  • 10-Yr Bond

    -0.0420 (-1.45%)
  • Vix

    +0.12 (+0.61%)

    -0.0084 (-0.6883%)

    +0.6540 (+0.4917%)

    -804.78 (-3.27%)
  • CMC Crypto 200

    -5.09 (-0.89%)
  • FTSE 100

    +21.08 (+0.28%)
  • Nikkei 225

    +727.65 (+2.62%)

Ardagh Glass Packaging - Africa commissions new capacity investment in Gauteng

·2 min read

JOHANNESBURG, July 6, 2022 /PRNewswire/ -- Ardagh Glass Packaging – Africa (AGP – Africa) today announced the commissioning of a R1.5 billion ($95m) extension of its Nigel production facility in Gauteng, South Africa.

Ardagh Group logo 2019 (PRNewsfoto/Ardagh Group S.A.)
Ardagh Group logo 2019 (PRNewsfoto/Ardagh Group S.A.)

The investment more than doubles the facility's capacity to provide sustainable glass packaging to support our customers' current and projected demand growth, and incorporates a new furnace and production lines. It also provides significant energy, water efficiency and environmental benefits, representing another important step in AGP – Africa's journey to de-carbonize the glass production process and reduce emissions in the communities in which it operates.

This significant capital investment will bolster the government's economic recovery plans and the project will offer much-needed job opportunities in Ekurhuleni, a city that has always had an unemployment rate that is above the Gauteng and national averages. The expansion has created more than 150 direct jobs and significant ancillary supply-chain expenditure.

Paul Curnow, AGP – Africa's CEO, said: "We are proud to commission this significant capacity investment, which supports strong demand from our customers for sustainable, premium glass packaging. Completion of this project, on time and budget despite the Covid-19 and supply chain challenges of the past two years, represents a tremendous achievement by our technical and operational teams. The outlook for premium, sustainable glass packaging remains positive and AGP – Africa expects to continue to invest in support of future market growth."

Paul Coulson, Chairman and CEO of Ardagh Group, said: "Demand for sustainable packaging in Africa is growing strongly, supported by multiple factors, including rising income levels, growing sustainability awareness, favourable demographics and a shift to one-way packaging. We are committed to investing in our people and our asset base to enable us to serve this strong demand growth over the near term."

For more information about AGP – Africa, click here.

Notes to the editor

About Ardagh Glass Packaging – Africa

Ardagh Glass Packaging – Africa is a leading supplier of sustainable and infinitely recyclable glass packaging in sub-Saharan Africa, with operations in South Africa, Kenya, Nigeria and Ethiopia. Ardagh Group is a global supplier of infinitely recyclable metal and glass packaging for brand owners around the world. Ardagh operates 65 metal and glass production facilities in 16 countries, employing more than 20,000 people with annualized sales of approximately $10 billion.



View original content to download multimedia:https://www.prnewswire.com/news-releases/ardagh-glass-packaging--africa-commissions-new-capacity-investment-in-gauteng-301581295.html

SOURCE Ardagh Group S.A.