Ethiopia: Br30 Million Ethio-Swiss JV Set to Pilot Plastic Flakes for Export

Coba Impact Manufacturing PLC has launched the pilot production of plastic flakes for export, using a new 30 million Br manufacturing plant at Kality, with machines imported from Italy.

The company was established in 2012, with a capital of 104 million Br, by Swiss and Ethiopian owners to recycle plastic products. Over the past two years, it has been producing plastic bottle preforms and closures using Polyethylene terephthalate (PET) - waste plastic bottles - which it recycled at its own plant. The new plant rests on a 5000sqm plot in Kality, Addis Abeba, whereas the existing factory is located in the Hana Mariam area.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.