Continental Engineering Compounds has added two compounding lines at its facilities in KwaZulu-Natal, South Africa, increasing capacity to approximately 15,000 tons per annum.
Capitalworks Investment Partners has acquired a significant minority stake in Continental Compounders and Continental Engineering Compounds, the largest polymer compounder in Sub-Saharan Africa. The investment will support growth.
Private equity firm Capitalworks has taken a significant minority stake in South Africa's largest plastics compounder, Continental Compounders and Continental Engineering Compounds, which operates two manufacturing facilities in KwaZulu-Natal.
Continental Engineering Compounds invested R25 million in a new specialized production line at its Westmead factory in KwaZulu-Natal, South Africa, adding 3,800 t/y of engineered compounds capacity. The line is expected to be commissioned by late 2021 with commercial volumes in early 2022.
| Site | Largest | Latest |
|---|---|---|
| KwaZulu-Natal, South Africa | 2023-11-29 | |
| Westmead, South Africa | $1.70M | 2021-03-12 |