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.
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