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The Middle East Paper Company (MEPCO), the largest paper manufacturer in MENA, faced a 27% revenue drop in 2023 due to lower prices and rising costs but is rebounding in 2024 with improving margins and increased demand.
The Middle East Paper Company (MEPCO), the largest paper manufacturer in MENA, faced a 27% revenue drop in 2023 due to lower prices and rising costs but is rebounding in 2024 with improving margins and increased demand. Expanding its core business with the PM5 production line and Juthor tissue plant, MEPCO plans to boost production with a SAR 345 million investment in a new tissue machine. Its recycling subsidiary, WASCO, remains a leader in sustainable waste management. With strategic investments and market expansion, MEPCO aims for growth, profitability, and environmental sustainability.
Source Link:- https://thepulpandpapertimes.com/news/international/mepcos--2196