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[CONSUMER] COCA-COLA SHUTS DOWN ENUGU PLANT PLANS ECO-FRIENDLY PET BOTTLES.

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Monday, 11 February 2019
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The Nigerian Bottling Company Limited (NBC), bottlers of Coca-Cola brand has announced plans to complete its production of eco-friendly bottles which started in 2008 and also boost its production capacity across various operations this year.

The Managing Director, NBC Ltd, Mr George Polymenakos, said, “We firmly believe that our business can only be as strong as the communities in which we operate and our people. For example, this year, we will complete our conversion to the eco-friendlier ultra-glass bottle across our operations in Nigeria.

“We started this capital-intensive project 10 years ago as part of our commitment to environmental stewardship. The implications of this project are far reaching on the environment, energy use and even impact on our roads.”

Polymenakos was quoted in a statement by NBC as saying that the company would reap the returns on its huge investments of over 500 million Euros, directed at beefing up operations over the last four years.
He noted that though the Nigerian economy was experiencing slow growth, the company was optimistic that it would record good business performance this year, having laid a solid foundation with the enhancement of its portfolio, the bolstering of necessary infrastructure as well as the renewed commitment of its employees to deliver on projection.

He explained that the company was now equipped with the right infrastructure to meet the needs of its consumers while also creating value for the shareholders.

He said, “The NBC’s business transformation and optimisation plan which commenced in 2015, led to NBC bringing into Nigeria, investment of over five hundred million Euros for the expansion and extensive upgrade of our manufacturing plants in Asejire, Ikeja, Abuja, Owerri, Challawa, Maiduguri, Port Harcourt and Benin, with the resultant increase in our total production capacity.

Earlier this year, Nigerian Bottling Company Limited (NBC) had closed down their Enugu plant for repurposing saying that demand-side pressure on its products was the reason for the closure of its Enugu production plant.

The beverage giant
announced in January that it was closing production at the Enugu plant and would re-purpose the facility as a material handling and logistic hub for the South East region.

“The NBC Enugu facility is being transformed into a top material handling and logistics hub for the region, to better satisfy our customers and grow our market in Nigeria,” Mr Polymenakos stated.

Responding to concerns in some quarters over the closure, Mr Polymenakos, said the repurposing of some NBC facilities across Nigeria, Enugu inclusive, was in line with the company’s sustainable business strategy with the overarching goal of improving efficiencies and boosting production capacity to meet the need of discerning consumers.

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