Saudi Paper Manufacturing Company: An Integrated Industrial Leader at the Heart of the Kingdom

Founded on November 13, 1989, with a capital of approximately SAR 300 million, the Saudi Paper Manufacturing Company (SPMC) is headquartered in Dammam. From its humble beginnings as a sole proprietorship in 1989, the company has grown into one of the leading joint-stock companies in the hygienic paper industry in Saudi Arabia and the region.

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An Integrated Industrial Ecosystem

The company is part of the Saudi Paper Group (SPG), which operates an integrated system covering recycling, manufacturing, and converting. This network includes:

- Saudi Paper Recycling Company: Processes used paper through a de-inking unit to supply recycled pulp to the mills.

- Saudi Paper Converting Company: Established in 2003, it converts jumbo rolls into final consumer products under popular brands like "Mishwar" and "City".

Continuous Production Development

Large-scale paper production began in 1991 and has seen several expansions:

- 1992: First machine installed with an annual capacity of 16,000 tons.

- 1994: De-inking unit added.

- 1995: Second machine launched with 24,000 tons capacity.

- 2001: Third machine added -- 30,000 tons annually.

- 2009: Fourth machine introduced -- 55,000 tons annually.

- 2014: First production line rebuilt to reach 28,000 tons annually, raising total capacity to about 137,000 tons.

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Regional and Mechanical Expansion

Saudi Paper Group's expansions include several regional subsidiaries such as:

- Roots Paper Company in Kuwait

- Madar Paper Company in the UAE, Algeria, Morocco, and Jordan

- Paper converting facilities across the Middle East and North Africa

Financial and Economic Performance

Saudi Paper is listed on the Saudi Exchange under the symbol 2300. It has a paid-up capital of SAR 370.7 million and about 37.07 million shares with a nominal value of SAR 10 each. By the end of 2024, the company reported:

- Total revenue of around SAR 837 million

- Net profit of SAR 83.2 million

- Total assets exceeding SAR 1.22 billion

In 2025, the company secured a SAR 47.5 million loan from the Saudi Industrial Development Fund, with test operations for its fifth production line scheduled for the third quarter of the year.

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Professional Management

The company is led by:

- Abdullah bin Abdulrahman Al-Kharashi, Chairman of the Board

- Abdulaziz bin Raed Al-Mishaal, CEO (appointed in August 2025)

The leadership team also includes executives overseeing finance, operations, marketing, and safety.

A Sustainable National Success Story

Saudi Paper Manufacturing Company represents a national model of sustainable industrial development:

- Its recycling system reduces reliance on imported pulp and supports environmental protection.

- Its internal converting network adds value and product diversity.

- Its regional expansion strengthens Saudi Arabia's role in the MENA paper industry.
Media Contact
Company Name: Saudi Paper
Email: Send Email [http://www.universalpressrelease.com/?pr=saudi-paper-manufacturing-company-an-integrated-industrial-leader-at-the-heart-of-the-kingdom]
Phone: 920003558
Address:2598 Industrial City 2 Unit No. 2
City: Dammam 34326-7169
Country: Saudi Arabia
Website: https://saudipaper.com/

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This release was published on openPR.