Proplastics Banks on Tank Expansion to Drive Regio...

Proplastics Banks on Tank Expansion to Drive Regional Market Ambitions

Zim Now Writer

Zimbabwean plastics manufacturer Proplastics is charting a cautious yet strategic path toward regional growth, placing its bet on expanding tank production and boosting exports without overstretching its finances.

The firm is currently doubling its tank manufacturing capacity, with new equipment set to arrive by the end of June.

This move comes as the company eyes surging demand in neighbouring markets where infrastructure projects are gaining traction.

Market analysts note that Proplastics is positioning itself smartly — opting for incremental investment and resource optimization rather than large-scale capital outlays. Its US$1 million capital expenditure plan for the year is strictly limited to critical areas such as generator enhancements and machinery upgrades.

“They’re clearly aware of the competitiveness challenge across the region,” one analyst noted. “Their choice to focus on operational readiness rather than risky expansion shows maturity in strategy.”

Company insiders say no fresh borrowing is planned in 2025. Instead, Proplastics is relying on last year’s financing, which was used to acquire machinery, strengthen working capital, and install a solar system — all moves aimed at reinforcing its production backbone.

The broader economic environment may be playing in the company’s favour. Electricity supply has improved, thanks to better water levels at Lake Kariba, which powers Zimbabwe’s main hydroelectric station. Additionally, raw material prices have remained relatively stable, offering Proplastics some breathing room on the cost side.

If the company’s projections hold true, the second quarter could be one of its strongest yet, buoyed by export inquiries and a surge in regional construction and infrastructure activity.

Observers say Proplastics' regional ambitions, if realized, could stimulate cross-border economic activity, particularly in countries looking for durable, locally sourced infrastructure materials.

With calculated steps and a long-view approach, Proplastics appears to be quietly laying the groundwork for a broader footprint in southern Africa’s manufacturing supply chain.