BUA Foods Plc has signed a capacity expansion agreement with Italian company FAVA to boost its pasta production from 400,000 tonnes to 900,000 tonnes annually.
This partnership aims to enhance BUA Foods’ market presence and meet growing consumer demand for pasta products in Nigeria and beyond.
This was disclosed in a statement signed by the company’s Director of Marketing and Corporate Communications, Adewunmi Desalu filed with NGX.
The company also announced a new agreement with an Italian company to supply packaging equipment.
This partnership aims to enhance the company’s production processes and improve the quality of its packaging for pasta products.
The statement reads, “In line with its strategic roadmap, and unwavering commitment towards contributing to food security in Nigeria, BUA Foods Plc (BUA Foods or the Company) has announced a planned significant expansion of its pasta production facility after signing an agreement with FAVA (Italy), one of the world’s leading pasta equipment manufacturing companies.
“The new project, which serves as one of several efforts aimed at mitigating food supply challenges in the country, will result in the addition of nine (9) lines of long-cut pasta (6,000 kgs/hr) thereby increasing the company’s annual production capacity by 400,000Tonnes to 900,000MTpa, making it one of the leading pasta producers in Africa. To support the expansion project, a complimentary agreement was also signed with Martini (Italy) to supply packaging equipment.”
Furthermore, the company noted that it also signed a deal with a Turkish firm to increase BUA Food’s grain storage capacity to 100,000 tonnes.
BUA Foods’ Chairman, Abdul Samad Rabiu, CFR, stated that the company’s manufacturing capacity expansion will enhance their production capabilities, playing a crucial role in addressing ongoing food shortages in the country.
He added that, in addition to boosting pasta production, the company plans to introduce innovations aimed at supporting mixed volume growth.
In recent months, BUA Foods Plc has embarked on a series of strategic expansion initiatives focused on wheat processing and pasta production.
