Consol halts R1.5bn investment

  • 📰 eNCA
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Consol says there’s been reduced demand for glass products due to the COVID-19 pandemic and the lockdown.

Consol Glass says it's indefinitely suspended construction of a R1.5-billion manufacturing plant in Ekurhuleni. It says there’s been reduced demand for glass products due to the COVID-19 pandemic and lockdown.

Consol Glass CEO Mike Arnold spoke to Devan Murugan.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alcohol ban shatters Consol Glass R1.5bn new plant investmentThe alcoholic beverages industry accounts for about 85% of sales in the glass packaging industry, which expects to fall by about 15% over the next year
Source: BDliveSA - 🏆 12. / 63 Read more »

Cashbuild to buy Pepkor’s Building Company for R1.1bnBuilding materials group aims improve its retail presence in coastal regions
Source: BDliveSA - 🏆 12. / 63 Read more »

Alcohol ban shatters Consol Glass R1.5bn new plant investmentThe alcoholic beverages industry accounts for about 85% of sales in the glass packaging industry, which expects to fall by about 15% over the next year
Source: BDliveSA - 🏆 12. / 63 Read more »

SAB stops R5bn investment because of alcohol ban 'which affects a million livelihoods'SAB announced on Monday that it had 'halted' R5bn in investments in the country over the next two years due to the ban on alcohol sales.
Source: TimesLIVE - 🏆 28. / 59 Read more »