Jeddah, Saudi Arabia: The Middle East Paper Company (MEPCO), the region’s leading vertically integrated paper manufacturer, has been named ‘Paper Recycling Company of the Year’ at the inaugural Middle East Waste & Recycling Awards, hosted in Dubai. The award recognizes producers of pulp, paper and packaging material for sustainable operations and creative solutions and products. It also recognizes paper recycling companies operating in the Middle East that have provided a service to their customers consistently and in a sustainable manner.

Nominees were required to provide proof of the recycling levels they have achieved, the sustainability of their operations and business, their positive contribution to waste diversion and minimization, customer satisfaction in terms of service delivery and prompt action in addressing issues.

Commenting on the award, Eng. Sami Al-Safran, CEO of MEPCO, said:

"We are extremely proud to have received recognition for our paper recycling activity at the first Middle East Waste & Recycling Awards. Not only is this a testament to the hard work and dedication of our team – to both customers and our growth as a business – but also to our business model, which is unique in the region. Our captive supply of self-generated energy and recovered water is essential to the sustainability of our manufacturing operations, while our subsidiary WASCO puts us in an unrivalled position to collect raw materials from around the Kingdom. Our business model continues to deliver profitability, as we provide paper and containerboard products to local and regional markets, and we are looking forward to ongoing and sustainable growth.”

The Middle East Waste & Recycling Awards were launched this year by Waste & Recycling Middle East magazine, in celebration of success in adopting best practice in the environmental management business. The event aims to recognise outstanding individuals and organisations in the Middle East that have demonstrated leadership and innovation in their respective fields and have significantly contributed to environmental sustainability, along with economic viability, contributing to the vision of the region’s governments for a greener future and a circular economy.

The Awards acknowledge excellence in business best practice, promote knowledge sharing and innovation, and provide a benchmark for performance, industry recognition and professional credibility, all of which act as drivers for sustainable growth in the region. The Awards are judged by a panel of prominent and respected experts, advocates and spokespeople in the focus area of environmental sustainability.

-Ends-

About MEPCO

MEPCO is the leading vertically-integrated paper manufacturer in the Middle East, offering a diverse range of containerboard and specialty paper products serving the packaging, construction, furniture, and paper core industries around the world. MEPCO supplies its products to the local Saudi market, as well as the GCC, Middle East and Africa. Furthermore, the Company has developed a growing presence in South Asia, the Americas, and Europe. The Company’s innovative approach to doing business enables it to deliver a significant environmental and economic benefit to its home market. The use of energy- and water-efficient production processes enables MEPCO to offer environmentally-friendly and recyclable products to the market. Through its wholly-owned subsidiary, WASCO, MEPCO’s raw materials are sourced from locations across the Kingdom, securing business sustainability while providing measurable benefits to the Saudi economy. MEPCO is listed on the Saudi Stock Exchange, under Tadawul symbol ‘MEPCO’. For more information about MEPCO, click here.

Investor Relations contact:

Bassem Elshawy

Email: investors@mepco.biz

Phone: +966 12 6380111

IR website

Media contact:

George Allen

Instinctif Partners

George.Allen@instinctif.com

+971 55 104 3586

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.