Emerging cabinets: CHUMPOWER is deeply involved in the African packaged water market, and AIA Eswatini awards affirmation

Central News Agency / 2018.11.23 08:00

The largest PET bottle (PET) blow molding machine manufacturer in Taiwan - CHUMPOWER (4575), yesterday (22nd) was accompanied by the Ambassador of the Kingdom of Eswatini Lamini (Thamie Dlamini), Mo Representatives of Sambeque, Nigeria, South Africa in Taiwan, and heavyweight industry leaders from African friendly countries visited CHUMPOWER. The two sides exchanged opinions and investment intentions on the African beverage, packaging, and toilet products market. It is expected that more investment projects in Africa, such as packaging and packaging materials, will be launched in 2019. General Manager Xie Shulin of CHUMPOWER received the commendation award from Ambassador Ramini, affirming CHUMPOWER's achievements in assisting many African countries to improve the packaged water market in the past 20 years.

Xie Shulin, general manager of CHUMPOWER, said that CHUMPOWER has entered the African market 20 years ago, and up to now, 30% of the revenue of the machinery and mold business department from exporting machines comes from African countries. CHUMPOWER's PET blow molding equipment has penetrated into Africa, covering more than 25 countries from south to north. Taiwan has given a lot of help to African countries in the packaging industry. Taking jam as an example, processed fruits rely on packaging to extend the shelf life, which in turn allows more products to be exported to earn foreign exchange. CHUMPOWER products have already directly and indirectly improved the industries of these countries chain breaks and create more job opportunities.

According to the survey report of Allied Development Corp., a world-renowned market research organization, it is estimated that the market demand for water and beverage PET bottles will exceed 700 billion in 2019. The water and beverage industry is not affected by the economic boom, and the market size is growing at an average annual rate of more than 5% growth rate. Among the five continents, Africa has the most stable economic growth, and its demand for packaging is astonishing. It is estimated that African countries will become the source of power for CHUMPOWER's performance explosion in the next few years.

Ambassador Shi Guo Lamini said that CHUMPOWER has long provided stable and high-efficiency equipment for the development of beverage companies in neighboring countries such as Tanzania, Mozambique, Zambia, and South Africa. This time, I visited CHUMPOWER with a number of important African industry leaders and exchanged views on industrial development, hoping to drive more local investment.

CHUMPOWER Industry was established in 1981 with a capital of 335 million yuan. Its business divisions include PET blow molding equipment and molds, precision components of mechanical equipment, and green packaging materials. It is currently the largest manufacturer of PET blow molding machines and precision drill chucks in China. .

Source: Sweet Potato Vine

The picture above is: Ambassador Thamie Dlamini of the Kingdom of Eswatini presents the commendation trophy to CHUMPOWER Industry