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An update from Range International Limited ( (AU:RAN) ) is now available.
Range International’s Indonesian subsidiary Re>Pal has secured new pallet supply contracts with Marubeni/Yakult, FKS Food and Mayora, underscoring rising demand for its recycled-plastic pallets from major FMCG and industrial customers. The agreement with Marubeni and Yakult will see Yakult’s own plastic packaging recycled into HDX 1210 CBL pallets worth about A$238,000 for use in its Indonesian operations, while contracts with FKS and Mayora are valued at approximately A$125,000 and A$170,000 respectively, all without material conditions attached. These wins demonstrate Re>Pal’s ability to convert client-specific plastic waste streams into heavy-duty pallets and separators that replace timber and plywood, strengthening its positioning as a circular-economy supplier and helping customers meet extended producer responsibility and sustainability targets.
More about Range International Limited
Range International Limited is a manufacturer of plastic pallets that uses its proprietary ThermoFusion technology to produce zero-waste, 100% upcycled plastic pallets. Operating production lines from its East Java factory in Indonesia under the Re>Pal brand, the company supplies durable, recycled-plastic pallet solutions to customers in Indonesia and across the Asia-Pacific region, targeting logistics and FMCG players seeking sustainable alternatives to timber pallets.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.36M
For an in-depth examination of RAN stock, go to TipRanks’ Overview page.