Angola: Portugal’s Logoplaste to open factory in Luanda

1 December 2008

Luanda, Angola, 1 Dec – Portuguese plastic packaging company Logoplaste plans to open a factory in Angola, at an investment of 5 million euros, said the company’s chairman, Filipe de Botton, cited by newspaper Jornal de Angola.

The news comes on the eve of the inauguration by Europe’s third largest plastic packaging company of its first factory, in the Netherlands, in partnership with multinational food sector company, Heinz.

“We are complying with all legal and administrative requirements to move ahead. We look at Angola with great fondness. We already have a plot of land that we bought near Luanda,” said Botton, who declined to give a deadline or investment value.

Logoplaste currently exports pre-moulds – plastic moulds – to Angola, but wants to focus on production in Angola.

IN fact, the idea is the same as the one behind the factory opened by the company, in Elst, the Netherlands, in partnership with Heinz.

According to Botton, producing packaging near the customer is advantageous in terms of logistics, costs and environmental implications.

The factory opened by Logoplaste in the Netherlands, some 150 kilometres from Amsterdam, represents and investment of 25 million euros to produce over 300 million technologicaly innovative packages per year for Heinz. (macauhub)