On December 8, 2024, Starlinger & Co. Limited announced a significant investment in Nigeria through a partnership with BUA Group, aimed at establishing a manufacturing facility for premium packaging materials. This facility is set to produce an impressive 600 million block-bottom polypropylene bags annually, marking Starlinger's largest contract in Africa and the second-largest globally [e9300f24].
Abdul Rabiu, the founder of BUA Group, emphasized the necessity of creating an in-house packaging unit to support the diverse operations of various factories under the BUA umbrella. This strategic move is part of BUA Group's broader initiative to set new benchmarks in cost-effectiveness, quality, and sustainability within the packaging industry [e9300f24].
Harald Neumuller, CEO of Starlinger, expressed his honor in collaborating with BUA Group, highlighting the partnership's potential to enhance the manufacturing landscape in Nigeria [e9300f24]. In addition to this packaging venture, BUA Foods is also expanding its operations by establishing new milling facilities, which aim to address pressing food production challenges in Nigeria [e9300f24].
This investment reflects a growing trend of international companies recognizing Nigeria's potential as a manufacturing hub, contributing to the country's economic development and creating job opportunities in the process [e9300f24].