Jeddah, Kingdom of Saudi Arabia: The Middle East and Africa’s leading vertically-integrated paper manufacturer, ‘MEPCO’, has been awarded the Best Corporate Governance Leadership – Saudi Arabia 2017 accolade by Capital Finance International (CFI).

MEPCO has firmly established itself as one of the largest paperboard producers in the Middle East and has developed an enviable track record of maintaining the highest levels of corporate governance.

CFI formally recognised a diverse array of MEPCO’s accomplishments, including becoming a publicly listed company in 2015, facilitating ongoing methods of sustainable large-scale production, reducing the company’s impact on the environment and enhancing its Corporate Social Responsibility programme.

Eng. Sami Safran, CEO, MEPCO commented: “MEPCO is honoured to accept this prestigious industry award from such a highly regarded institution - Capital Finance International. As we continue to expand our business internationally, recognition in corporate governance by international organisations will play an important role demonstrating MEPCO’s success to the global marketplace. Our team has made great progress towards aligning our company with international standards and best practice in order to achieve the highest levels of corporate governance. To that end MEPCO has contributed greatly to the local economy and is currently witnessing unparalleled growth throughout the Kingdom of Saudi Arabia.”

CFI seeks out organisations that contribute significantly to the convergence of economies and add value for all stakeholders. CFI recognises best practice throughout the world, with the objective to inspire other entities to improve their own business performance.

MEPCO has also recently been awarded the King Khaled Award from the King Khaled Foundation in the field of Responsible Competitiveness.  The company has a long-term objective of sustained international expansion, which currently sees the company supplying more than 40 international markets.

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ABOUT MEPCO:

MEPCO is one of the largest vertically-integrated paper manufacturers in the Middle East and Africa region offering a diverse range of paper products to customers around the world. The Company’s innovative approach to doing business enables it to deliver significant environmental and economic benefit to its home market. MEPCO exports its products from Saudi Arabia to the GCC and wider Middle East & Africa region; furthermore, it has developed a growing presence in South Asia, the Americas and Europe. Through its wholly-owned subsidiary, WASCO, MEPCO’s raw materials are sourced from locations across the Kingdom and neighbouring countries. The use of energy- and water-efficient production processes enables MEPCO to offer recycled products to the market, while locally-sourced raw materials provide measurable benefit to the Saudi economy. The Company offers a wide range of containerboard and paperboard products for the large-scale manufacturing and secondary packaging markets. The Company is listed on the Saudi Stock Exchange, under Tadawul symbol ‘MEPCO’. For a full list of products, click here.  For more information about MEPCO, click here

For Media Enquiries:
Shali Grote
Instinctif Partners
+971 (0) 4 369 9353
Shali.grote@instinctif.com

Investor Relations:
Bassem ElShawy
Investor Relations Manager
b.elshawy@mepco.biz
+966538459520

© Press Release 2018