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Reaching for the stars

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Message <strong>for</strong><br />

<strong>the</strong> Festive<br />

Season<br />

It’s been a tough year<br />

on many fronts, and<br />

as we wind our way to<br />

<strong>the</strong> holiday season, it’s<br />

worth reflecting on what<br />

we’ve achieved in <strong>the</strong><br />

face of challenging<br />

circumstances.<br />

The reorganisation of our physical<br />

business footprint continued<br />

this year as we consolidated<br />

operations into a more logical<br />

structure. This will lead to greater efficiencies as we’re able to strip out<br />

unnecessary duplication in expenses. The story about Knilam and Saflite<br />

on page 4 is a perfect case in point. The businesses represent some<br />

fairly advanced packaging ideas, serve similar customers and will now<br />

be able to benefit from a more knowledgeable and coordinated sales<br />

approach. This consolidation should reflect a quick positive impact on<br />

<strong>the</strong> bottom line.<br />

We’ve also reorganised <strong>the</strong> senior management structure, with an<br />

additional person to look after <strong>the</strong> east coast region, so that each<br />

operational general manager has <strong>the</strong> very best support and guidance<br />

to achieve <strong>the</strong>ir demanding budgets and goals.<br />

We experienced a major disruption during <strong>the</strong> year with <strong>the</strong> labour<br />

strikes that occurred around <strong>the</strong> country. As I wrote previously, I support<br />

<strong>the</strong> right to strike but I still ask if it was <strong>the</strong> right thing to do at <strong>the</strong> time.<br />

Our economy, and global economies, are in a precarious state at<br />

<strong>the</strong> moment, and I feel we need to be pulling toge<strong>the</strong>r to build our<br />

common prospects ra<strong>the</strong>r than pulling apart and threatening our<br />

individual futures. Hopefully, we as a country have learned from <strong>the</strong><br />

experience and we’ll see more measured action in <strong>the</strong> year ahead.<br />

Whatever be <strong>the</strong> colour of your eye,<br />

Whatever be <strong>the</strong> colour of your hair,<br />

Whatever position you occupy,<br />

Whatever religion you might declare,<br />

Whatever be <strong>the</strong> colour of your skin,<br />

Whatever be your political thought,<br />

Virtue be in your heart, or deadly sin,<br />

Whe<strong>the</strong>r you have treasures, or possess nought,<br />

In this Festive Season please turn your face<br />

Towards a stranger and hold out your hand,<br />

Offer him, or her a friendly embrace<br />

And try to make him, or her understand,<br />

That we are all of <strong>the</strong> same family.<br />

by Peter J. Oszmann<br />

Our shareholders continue to believe in our future. By <strong>the</strong> end of this<br />

financial year we’ll have spent about R180 million on new equipment<br />

and improvements to better position <strong>the</strong> company in a fast-changing<br />

world. Much of <strong>the</strong> new kit will have been installed and be operational<br />

by <strong>the</strong> time you get this newsletter, and I’m confident that it’s going to<br />

make a fundamental difference to how our business is able to compete<br />

in an extremely aggressive marketplace. The product innovations<br />

introduced at once-beleaguered East Rand Plastics (see page 11) are<br />

a good example of how we’ll be able to differentiate ourselves from<br />

<strong>the</strong> merchants of commodity products where <strong>the</strong>ir only differentiating<br />

factor is price. We want to add value <strong>for</strong> our clients.<br />

I’m really encouraged to read about Patrick Lushaba and his personal<br />

quest to become a qualified fitter and turner. That is what this<br />

company and this country needs if we’re going to compete headon<br />

with international players like China. Dedication, commitment,<br />

hard work and a desire to improve our academic capabilities are <strong>the</strong><br />

cornerstones of what will make us successful as individuals and as a<br />

country.<br />

So, going into <strong>the</strong> holidays, I believe we should be quietly confident<br />

about <strong>the</strong> year ahead. Yes, consumers are still going to be under<br />

financial pressure and, in turn, that means we’re going to experience<br />

similar challenges. But we’ve made improvements and are better<br />

positioned to deal with <strong>the</strong>m in a positive way.<br />

I wish you and your family all <strong>the</strong> very best over <strong>the</strong> holiday season.<br />

Take time to spend some quality time and enjoy each o<strong>the</strong>r and <strong>the</strong><br />

festivities. But drive safely. You’re all important to us. Good health <strong>for</strong><br />

2012.<br />

Regards<br />

ASTRAPAK NEWS 3

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