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Saudi Paper Manufacturing Company (2300) – Introduction and background |
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Saudi Paper Manufacturing Company (SPMC), also known as Saudi Paper Group, is a tissue paper manufacturing company based in Saudi Arabia.
Established in 1989, SPMC specializes in producing a wide range of paper products, including tissue rolls, paper towels, and napkins for both domestic and commercial use. SPMC operates an integrated business model that encompasses the entire paper production process, from wastepaper collection and recycling to manufacturing and distribution. The company operates production facilities in Dammam, which allow for pulping, tissue manufacture, and converting paper waste into recycled rolls. Key brands include Mouchoir and City. The company has a dominant market position in Saudi Arabia.
Saudi Paper Manufacturing Company is publicly traded on Tadawul under the ticker 2300. By far the largest single shareholder is Raed Abdulrahman Bin Abdulaziz Al Meshal, a Saudi businessman who owns over 30% of the company.
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8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
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ADS Securities LLC (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates as a trading broker for Over the Counter (“OTC”) Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
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