Tag: Beta Glass

  • Firm plans expansion across Africa market

    Firm plans expansion across Africa market

    Prominent glass making company in Nigeria, Beta Glass has revealed its intention and mission to spread its reach across Africa in 2025 as it celebrates its 50th anniversary.

    The move was made known by the Chief Executive Officer of the company, Alexander Gendis, during a media tour of the facility.

    Gendis noted that the vision of the company after expanding its reach in several West African and Central African countries is to expand to other African countries, especially the Francophone sides of the continent.

    “The commercial team has been very active in looking at developing our growth strategy and expanding ourselves within Francophone and West Africa. That’s critical and important to our strategy for growth. Our exports went from six per cent to eight percent of our turnover, year on year, which was a huge improvement.

    “We are looking first to our closest neighbours, then we’ll move a bit further away to cover the whole continent, and beyond to other parts of the world.”

    Gendis, also reiterated the importance of innovation and sustainability as well as how Beta Glass Plc integrates advanced technology, sustainability and efficiency in its operations.

    In his words, “This media tour provides a unique opportunity to showcase how innovation, efficiency, and sustainability intersect in our operations, enabling us to deliver exceptional packaging solutions while prioritising environmental stewardship. We believe that transparency and collaboration with the media are key to raising awareness about the role of glass packaging in building a greener and more sustainable environment for future generations.

    On his part, the Chief Operating Officer of Beta Glass, Jagdish Agarwal, stressed that the company had leveraged on technology for its growth over the years.

    He said, “Beta Glass’ commitment to operational excellence is evident in the advanced technologies and sustainable practices we employ at our manufacturing plants strategically located in Agbara, Ogun state and Ughelli, Delta state. With these innovative technologies, we are shaping the future of glass container manufacturing while ensuring minimal environmental impact. We are pleased for the media to experience this firsthand while amplifying our strides with key stakeholders.”

    “With these innovative technologies, we are shaping the future of glass container manufacturing while ensuring minimal environmental impact. We are pleased for the media to experience this firsthand while amplifying our strides with key stakeholders,” he stated.

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    Sharin Sweet, the company’s head of sales, said the focus on sustainability has been a key differentiator and an edge, as more of the company’s customers seek partners committed to reducing environmental impact.

    During the tour, media representatives were guided through the glass container manufacturing process, from raw material sourcing to the meticulous steps involved in producing glass containers for leading global brands in the beer, soft drink, wine and spirits, food, pharmaceutical, and cosmetic segments. The tour included the recently upgraded and cold-repaired GF1 furnace, completed within a record 32 days. The upgrade has enabled Beta Glass to increase production by 30 tons per day and extend the life cycle of the furnace by eight to 10 years, thus strengthening our competitive edge.

    Some of the company’s customers include Nigerian Breweries (Heineken), AB InBev, Guinness Nigeria Plc (Diageo), Nigerian Bottling Company, Nigerian Distilleries Limited, Intercontinental Distillers Limited, among others.

  • Beta Glass, brokers pay tributes to Ogunbanjo

    Beta Glass, brokers pay tributes to Ogunbanjo

    Capital market operators yesterday paid tributes to Chairman of Beta Glass and former Group Chairman of Nigerian Exchange Group (NGX Group) Plc, Chief Abimbola Ogunbanjo.

    Ogunbanjo died at the weekend in a helicopter crash in United States of America, alongside Access Holdings’ Group Chief Executive, Dr. Herbert Wigwe, his wife and son.

    The board of Beta Glass, a subsidiary of Frigoglass Group, which Ogunbanjo chaired until his death, said it was shocked by the passing of the chairman who had led the company with thoughtfulness and commitment.

    Chairman of Frigoglass Group Board of Director and Managing Director of Tetrad Capital Partners, Gagik Apkarian, said the group received the devastating news with great sadness.

    “Otunba Ogunbanjo served as Chairman of Beta Glass for eight years with unrelenting commitment. We are grateful for his numerous contributions, thoughtful leadership of the Beta Glass Board, and are extremely shocked that his time was cut short,” Apkarian stated.

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    According to the company, throughout his long and successful tenure on the board of Beta Glass, Ogunbanjo’s leadership has been instrumental in driving the company’s growth to become the largest manufacturer of glass containers and packaging solutions in West and Central Africa.

    Chief Executive Officer, Beta Glass Plc, Darren Bennett-Voci, said the late Ogunbanjo left enduring marks at the company.

    “I had the honor of working closely with him, and the news of his sudden and tragic passing has shocked us all deeply. Abi’s leadership and unwavering dedication leaves an enduring mark on Beta Glass, shaping our journey and inspiring us to continue to strive for excellence. We shall honor his legacy by continuing to uphold the values and vision he instilled in our organisation,” Bennett-Voci stated.

    The company stated that in due time, Beta Glass and the Frigoglass Group will communicate the board’s succession plan.

    “In the interim, the company will continue to receive support from its board of directors,” the company stated.

    President, Chartered Institute of Stockbrokers (CIS), Mr. Oluwole Adeosun, said Ogunbanjo’s sudden death was a great loss to the capital market ecosystem.

    “He was an accomplished corporate lawyer. He played pivotal role during the demutualisation of the former Nigerian Stock Exchange. He was a cerebral corporate lawyer with robust industry experience. His contributions to market development cannot be glossed over. He shall be sorely missed,” Adeosun said.