Mepco unit breaks ground on tissue manufacturing facility at Saudi's KAEC
TM6, which is being set up at a total investment of SAR345 million ($92 million), will significantly expand Juthor's manufacturing output, increasing annual capacity to 120,000 tonnes and operating at a speed of 2,100 m per minute.
Andritz, an Austria-based international technology group, will be assisting Juthor in the project by providing advanced plants, equipment, services, and digital solutions, to the group.
It will also be responsible for the manufacture, supply, and installation of the facility within a two-year period.
TM6 supports Saudi Arabia's Vision 2030 by advancing local manufacturing, reducing reliance on imports, creating skilled jobs, and adhering to world-class environmental standards.
The groundbreaking ceremony was attended by senior representatives from different government and private entities like Modon and Economic Cities and Special Zones Authority along with the Juthor and Mepco senior leadership teams.
Commenting on the launch, Musab Al-Muhaidib, the Chairman of the Board at Mepco Group, said: "The launch of TM6 is a testament to our unwavering belief in Saudi Arabia's industrial future. As we align with Vision 2030, this expansion strengthens our role in enabling local manufacturing and advancing the Kingdom's self-sufficiency in the tissue sector."
The facility will utilise cutting-edge technology and sustainable manufacturing methods to align with Mepco's environmental goals, including efficient resource use and minimizing carbon emissions," he stated.
Mepco Group President Eng. Faisal Haddawi said: "We do not simply build capacity - we build value, resilience, and trust. TM6 will accelerate our strategy for sustainable growth while deepening our contribution to the Saudi economy and regional markets."
Juthor remains committed to continuous investment in manufacturing innovation to meet the growing demand for high-quality tissue paper products in the Kingdom and the wider Mena region, he added.
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
4 minutes ago
- Zawya
Dammam joins MSC's India-Middle East shipping route
The Saudi Ports Authority (Mawani) has announced the addition of MSC's new 'North India to Middle East' shipping service to King Abdulaziz Port in Dammam, aiming to enhance the kingdom's role and boost its competitiveness regionally and internationally. The new service connects King Abdulaziz Port in Dammam with the ports of Mundra, Nhava Sheva and Hazira in India, Sohar in Oman, Abu Dhabi in the UAE, with a handling capacity of up to 4,000 TEUs. This step comes within Mawani's efforts to improve the kingdom's ranking in global performance indicators and enhance operational efficiency at King Abdulaziz Port in Dammam. By doing so, Mawani supports the movement of national exports in line with the objectives of the National Transport and Logistics Strategy to establish the kingdom as a global logistics hub and a vital link between three continents. King Abdulaziz Port in Dammam plays a key role in connecting the kingdom to the global economy and features fully equipped integrated infrastructure and logistics facilities attractive to major international companies, with 43 berths and a total capacity of up to 105 million tons of cargo and containers.- TradeArabia News Service Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (


Zawya
11 hours ago
- Zawya
STC Bank launches 'Smart Finance' product
Riyadh, Saudi Arabia: STC Bank has launched its first financing product, "Smart Finance" a fully electronic, Sharia compliant product, available within minutes and with a maximum limit of SAR 50,000. The new financing product aims to meet the financial needs of the bank's customers and support individuals by offering quick financing solutions, flexible terms, and simple steps. These products are designed to enable beneficiaries to support their living conditions or invest in projects that enhance their income and economic stability. The maximum financing limit is SAR 50,000, with a minimum financing limit of SAR 3,001. The maximum repayment period is 24 months, adjustable to 36 months, with immediate approval and the option to postpone one installment during the financing period. It is worth noting that STC Bank aims to provide banking services and financial solutions that comply with Sharia principles while ensuring the highest levels of security and customer protection using advanced financial technologies.


Zawya
11 hours ago
- Zawya
Egypt: Madinet Mas to launch $6.2mln real estate investment fund in Saudi Arabia
Secure Assets for Fixed Earnings (SAFE), owned by Madinet Masr Housing and Development, plans to establish a real estate investment fund in Saudi Arabia, with a target capital of EGP 300 million. This move aligns with the company's objectives to enhance future growth opportunities, according to a bourse filing. Madinat Misr is considering three plots of land for a residential project in Riyadh. They range in size from 300,000 to 500,000 square meters. SAFE handled transactions amounting to EGP 300 million in inventory value after facilitating the sale of more than 5,600 property shares within its first six months of operation. In the first half (H1) of 2025, the EGX-listed company's consolidated net profits after tax and non-controlling interest dropped by 11% to EGP 1.28 billion from EGP 1.45 billion in H1-24. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (