BUA Group partners Austria’s Starlinger to expand into packaging materials manufacturing
December 6, 2024414 views0 comments
Onome Amuge
R – L: Abdul Samad Rabiu, founder/executive chairman, BUA Group, and Harald Neumuller, CEO of Starlinger & Co. Limited
BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with Starlinger & Co. Limited of Austria, a leading global supplier of machinery for the production of packaging materials, in a strategic move to
expand into the production of high-quality packaging materials.
As part of its diversification strategy and ongoing expansion efforts, BUA Group has invested in a cutting-edge packaging production facility that is anticipated to generate 600 million polypropylene (PP) block-bottom bags annually.
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The establishment of this new business segment will enable the company to offer a wider range of sustainable, innovative packaging solutions that cater to the ever-growing demand for environmentally-friendly packaging across its various business lines.
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 at the event, Abdul Samad Rabiu, founder/executive chairman of BUA Group, highlighted the importance of the project, stating: “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.”
The executive chairman added that by leveraging our extensive manufacturing expertise, the company aims to set new industry standards for sustainability, quality, and cost-effectiveness.
Harald Neumuller, CEO of Starlinger & Co. Limited, expressed enthusiasm for the business
partnership.
He noted: “We are honoured 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.”
BUA Group also reiterated that it remains steadfast in its mission to invest in cutting-edge technology and infrastructure, driving operational efficiency and delivering exceptional products to its customers.