Reuters logo
a month ago
BRIEF-Pegas Nonwovens buys land for new plant in South Africa
July 11, 2017 / 10:43 AM / a month ago

BRIEF-Pegas Nonwovens buys land for new plant in South Africa

July 11 (Reuters) - Pegas Nonwovens Sa

* says concluded a purchase contract for land for the construction of a production plant in South Africa

* says selected a land parcel owned by the City of Cape Town located in the Atlantis industrial zone in the Western Cape province

* "The land purchase represents a very important step for our South African project. I am therefore very happy that we managed to sign the purchase contract in line with our schedule," CEO Frantisek Rezac says in release

* said in March it expected operation to start at end of 2018 Further company coverage: (Reporting By Jason Hovet)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below