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BUA Group Partners Starlinger To Expand Into Packaging Materials Manufacturing

Olushola Bello by Olushola Bello
1 year ago
in Business
Chairman of BUA Group

Chairman of BUA Group

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BUA Group has signed an agreement with Starlinger & Co. Limited of Austria to expand into the production of high-quality packaging materials.

The state-of-the-art packaging facility will have the capacity to produce an impressive 600 million polypropylene (PP) block-bottom bags per annum.

This new business segment will enable BUA Group to diversify its product offerings to meet the growing demand for sustainable innovative packaging solutions across its entire business amidst its rapid expansion efforts.

The agreement marks Starlinger’s largest contract in Africa and its second-largest worldwide, showcasing the scale and significance of the partnership.The signing ceremony was attended by senior executives from both companies.

Speaking, founder/executive chairman of BUA Group, Abdul Rabiu said, “as we focus on securing the future of our business through innovative investments, having our own packaging unit becomes imperative. This facility will meet the packaging needs of our various factories, including cement, sugar, and flour, and support future expansion plans.”

Rabiu noted that “by leveraging our extensive manufacturing expertise, we aim to set new industry standards for sustainability, quality, and cost-effectiveness.”

CEO of Starlinger & Co., Harald Neumuller said, “we are honored to collaborate with BUA Group, a distinguished conglomerate with remarkable achievements.

This project reflects our commitment to delivering industrial packaging solutions tailored to BUA Group’s diverse operations. We look forward to a successful partnership.”

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BUA Group remains steadfast in its mission to invest in cutting-edge technology and infrastructure, driving operational efficiency and delivering exceptional products to its customers.

Established in 1988, BUA Group is one of Africa’s largest diversified groups operating out of Nigeria with its key interests in foods, mining, manufacturing, and infrastructure.

 

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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