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Consol Glass mulls reinstating R1.5 billion investment | Fin24

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For South Africa's biggest beverage glass manufacturer Consol, the bans on alcohol sales in the past year meant that it had to shelve its R1.5 billion expansion project of its glass production facility in Nigel. | Fin24

Packaging manufacturer Consol Glass may reinstate the R1.5 billion capital investment it had taken off the table due to the impact of liquor sales bans.

This comes as the bottling industry gradually picks up the pieces following the crippling impact of alcohol sales restrictions in 2020, including The bottling industry employs more than 26 000 people and contributes R11.8 billion to South Africa’s GDP.

 

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