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The Russian packaging sector is facing with the deepest crisis in its modern history, as the ongoing military conflict between Ukraine and Russia and unprecedented sanctions, imposed on the country have resulted in the massive exodus of global packaging producers from the local market and posed a threat of the shortage of packaging in the country.
February 3, 2021 The Plastics division of rigid packaging converter Nampak is to continue consolidating sites this year as it attempts to improve the competitiveness of its business. The South African company posted an impairment of R424 million ($28.4m) for the division in 2020 on the back of the global pandemic. After a strong start to last year,… TO CONTINUE READING PLEASE SUBSCRIBE OR LOGIN