a day ago
MEPCO TM6 line to double Juthor's output to 120,000 Tons: CEO
Middle East Paper Co. (MEPCO) CEO Faisal Haddawi said Saudi Arabia's tissue paper sector is expected to grow 5–6% annually over the coming years.
Growth will be driven by strong and rising domestic demand, supported by national efforts to boost local manufacturing and reduce reliance on imports.
Hadawi told Argaam the new TM6 production line will be a game changer, doubling the output of MEPCO's Juthor plant, from 60,000 to 120,000 tons annually, which specializes in tissue paper production.
He added that this expansion will help meet rising demand for tissue products in local and global markets. It will also broaden MEPCO's product range, enhance competitiveness, and open new export opportunities in line with Vision 2030.
The CEO said the TM6 project involves a total investment of SAR 345 million, financed through a mix of funding sources, including MEPCO's capital increase backed by the Public Investment Fund (PIF), bank facilities, commercial loans, and government programs supporting industrial development.
