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Businessman “feint” currency difficulties in Angola and bets on recycling to maintain production

AOpacks Angola – an Angolan plastic processing company – decided to invest in local recycled products, purchased from waste collectors, to maintain its production due to the constraints imposed by the exchange rate devaluation for the import of plastic materials.

: Facebook da Aopacks
Facebook da Aopacks  

AOpacks Angola, a plastic transformation industry, produces packaging, disposable materials, components and systems for the civil construction sector and is one of the more than a thousand exhibitors that present their products, from this Tuesday until Saturday, at the 38th edition of the Luanda International Fair (Filda).

Speaking to Lusa, Erick dos Santos Martins, the company's commercial and administrative director, said that the country's current macroeconomic scenario, marked by the devaluation of the kwanza and the shortage of foreign exchange, led the company to focus on recycling.

"We are very concerned about [the current economic situation] and we are mainly attentive to the exchange rate devaluation and that is why we are betting precisely on recycling, since plastic 'commodities', with this exchange rate fluctuation, have increased their prices", said the Brazilian manager.

In view of the currency devaluation, the company, with 100 percent national labor, decided to create alternatives using recycled products, collaborating with waste collectors.

"We had to create alternatives that are recycled products, which generate jobs, where we work in partnership with communities of waste collectors", he stressed.

"All of this has fostered and brought new jobs and helped us to see a new perspective within our investment and our work", said Erick dos Santos Martins, who brought the transformation of plastic as a motto for Filda.

According to the businessman, the transformation of plastic appears as the motto of his exhibition at the Luanda fair because the company opts for its reuse, rejecting the idea of seeing plastic as "the great villain".

"Plastic, without proper recycling and without proper reuse, is a villain, so we brought the news that they are products made from national recycled products", he justified.

The plastic business, he added, "is profitable from the moment there is work", noting, however, that despite the reduction in its consumption, due to the country's current situation, work does not stop, and it is already planning the business enlargement.

"We know that we are not going through an easy period, where consumption decreases, but that does not discourage us and we believe that things will improve, we are working hard so that we are positioned in the market", he concluded.

The 38th edition of Filda, inaugurated this Tuesday by the President, João Lourenço, takes place in the Special Economic Zone (ZEE) Luanda-Bengo until Saturday.


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