COMPANY NEWS

Romatex benefits from government funding

Romatex is a leading manufacturer and supplier of stitch-bonded non-woven materials and homeware in South Africa. The company was founded in the 1960s and has steadily evolved into one of the country’s largest manufacturers of sustainable textiles. A major contributing factor to the company’s success is the support and funding provided by the Department of Trade, Industry and Competition.

The South African government has been highly supportive of the business, which is a subsidiary of Deneb Investments Limited – a listed company on the Johannesburg Stock Exchange (JSE). In its most recent assessment, Romatex was certified as a Level 2 broad-based black economic empowerment (B-BBEE) company.

As a result, Romatex will have invested over R100-million into its operations by the end of 2023. This includes the purchase of state-of-the-art manufacturing equipment, which will take our current capacity up to two-and-a-half million square metres of stitch-bonded-non-woven material per month.

Romatex factory floor with equipment to manufacturer stitch-bonded non-woven materials

South African government has been instrumental

The combination of the support provided by Deneb Investments Limited and the South African government has ensured the continuous growth of Romatex. One of the major end-markets for these sustainable materials is shopping bags. 

Most major retailers in South Africa now offer eco-friendly shopping bags that are made from stitch-bonded non-woven material, including Woolworths, Food Lovers Market and Pick and Pay. This sustainable textile is made from recycled plastic bottles, called rPET. 

In 2021, Romatex used around 54-million recycled bottles to manufacture this material. Not only does this keep plastic out of landfills and create a good end-use product for recycled PET bottles, but it also creates jobs across the entire supply chain, from waste pickers and recyclers to factory employees and senior management.

The upward trajectory that the company is on is a sign of continued growth, which would not have been possible without the funding provided by the government and Deneb Investments Limited. For more information on our various products and textiles, please contact us today.

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Romatex has been a leading manufacturer and supplier of stitch-bonded non-woven materials and homeware for over 50 years. Romatex is a Level 2 B-BBEE company that is owned by Deneb Investments Limited, a subsidiary of Hosken Consolidated Investments (HCI), which is listed on the Johannesburg Stock Exchange (JSE). 

Our head office is based in Cape Town but we have branches in Gauteng, KwaZulu-Natal, the Eastern Cape and the Free State. For more information about our products, please contact info@romatex.co.za. Follow us on Facebook, LinkedIn and Instagram for our latest news and industry insights.

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