Aversion to single-use plastics and a glass shortage helped volumes double in 2021
Aluminium supplier Hulamin has flagged a significant return to profit in 2021, with beverage can demand boosted by environmental awareness and a local glass shortage.
The group, valued at R1.4bn on the JSE, said on Monday it expects profit of as much as R606m for the year to end-December, from a loss of R239m previously, adding that it also has a healthy order book for 2022...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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