Fine evaluates 4 locations for a new paper mill

Mubasher: The world’s leading manufacturer of hygienic paper products Fine Hygienic Holding (FHH) plans to build a sixth paper mill, according to a statement on Monday. 

The company will start evaluating locations in Jordan, Egypt, Saudi Arabia, and the UAE for the construction of a new paper mill, the statement showed. 

The CEO of Fine Hygienic Holding, James Michael Lafferty, commented, “We are completely sold out of papermaking capacity; and, our branded business is growing in strong double-digits. We must keep an eye towards the future, and given lead-times for paper mills to be fully commissioned, to be prudent we must begin now.”

Fine’s five paper mills spread across the MENA region are operating at full capacity with a total production of more than 170,000 tonnes per year.  

Mubasher Contribution Time: 10-Feb-2020 13:30 (GMT)
Mubasher Last Update Time: 10-Feb-2020 13:32 (GMT)