Mpact Ltd (MPPTF) Financial

Mpact Ltd. engages in the provision of paper and plastic packaging services. The company is headquartered in Johannesburg, Gauteng and currently employs 4,705 full-time employees. The company went IPO on 2011-07-11. The company is engaged in the paper and plastics packaging and recycling business, focusing on closing the loop in plastic and paper packaging through recycling and the beneficiation of recyclables. The firm serves packaging converters, fruit producers, and fast-moving consumer goods (FMCG) companies. The company operates through two segments: Paper and Plastics. The Paper segment consists of three divisions - recycling, paper manufacturing, and paper converting. The Plastics segment manufactures rigid plastic packaging, including polyethylene terephthalate (PET) preforms, trays, film, plastic jumbo bins, and crates, while also recycling used bins and crates. Its plastic products include jumbo bins, plastic pallets, wheeled bins, crates, and others. Its subsidiaries are Mpact Operations Proprietary Limited, Embalagens Mpact Limitada, and Mpact Corrugated Proprietary Limited.