Middle East Company for Manufacturing and Producing Paper
1202.SR
Saudi Exchange17.79
SAR
-0.18
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Middle East Company for Manufacturing and Producing Paper
1202.SR
(Saudi Exchange)
Recent
price
17.79
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Middle East Company for Manufacturing and Producing Paper (MEPCO) engages in the production and sale of containerboard and industrial paper products primarily in Saudi Arabia, the Middle East, Africa, Asia, and Europe. The company offers a diverse portfolio of products including containerboards such as high performance fluting, test liner, dual use, kraft liner board, and white top test liner under brands like MEPFLUTE, MEPLINER, MEPDUAL, MEPKRAFT, and MEPWHITE. It also manufactures semi-chemical fluting products under the MEPCHEM brand and paperboards including core boards (MEPCORE), plasterboard liners (MEPGYPSUM), and absorbent kraft products (MEPLAMINATE) used in various industrial applications. Additionally, MEPCO produces tissue paper rolls and provides services related to the wholesale and retail sale of paper, carton, and plastic waste, as well as waste management, treatment, recycling, and collection of carton waste. The company also engages in the manufacture, import, and export of cartons. MEPCO operates through two main segments: Manufacturing and Trading. The Manufacturing segment focuses on containerboard and industrial paper production, while the Trading segment covers wholesale and retail sales of paper products and related waste materials. The company’s subsidiaries include Waste Collection and Recycling Company Limited and Special Achievements Company Limited. Founded in 2000, MEPCO is headquartered in Jeddah, Saudi Arabia, strategically located near Jeddah seaport, facilitating efficient distribution to a wide range of regional and international markets. Recent major developments include MEPCO's expansion with the launch of a new tissue production line designed to enhance output and operational efficiency. The company has also reinforced its commitment to sustainability by joining national sustainability programs and emphasizing eco-friendly practices such as recycling waste paper, using renewable chemical additives, and prioritizing water treatment in its production processes. MEPCO continues to invest in research and development to offer innovative and high-quality products aligned with market needs and environmental preservation goals. These strategic moves position MEPCO to leverage growth opportunities across the Middle East, North and East Africa, the Indian Subcontinent, and select European markets while maintaining operational excellence and sustainability focus. In summary, MEPCO is a leading producer of containerboard and industrial paper in the Middle East with comprehensive product lines serving a variety of industrial and commercial sectors. Its recent operational expansions, sustainability initiatives, and strategic positioning signify ongoing adaptation to market demands and environmental considerations, supporting its growth and competitive stance in the regional and global paper industry. The company represents a significant player in paper manufacturing with a strong regional footprint and diversified offerings covering manufacturing, trading, recycling, and waste management services.