Lafarge WAPCO is poised to establish a bag manufacturing firm in Nigeria to facilitate the packaging of its products.
Chairman of Lafarge Cement WAPCO, Chief Olusegun Osunkeye, explained the company was being established in partnership with bag manufacturing experts who have been packaging Lafarge Plc's products worldwide.
According to Mr Osunkeye arrangements are in the final stage for the company to commence operations, noting that it would take care of the company's packaging needs. He said the new company would replace Nigerian Kraft Bags Limited, which was 56.2 per cent held by Lafarge Cement WAPCO and 41.7 per cent by Odua Investment Limited.