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Middle East Paper Co.

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Namestring
Middle East Paper Co.
Legal namestring
Middle East Paper Company
Websiteurl
mepco.biz
Company typeenum
Public
Founded yearint
2000
Descriptiontext

Middle East Paper Company (MEPCO) is a Saudi Arabia-based, publicly listed industrial paper manufacturer headquartered in Jeddah and positioned as one of the largest paper mills in the Middle East and North Africa (MENA) region. The company manufactures and sells containerboard and paperboard products used by industrial and packaging customers across the MENA region, with a stated circular-economy and sustainability orientation evidenced by its decarbonization strategy, completed electrification project, and Saudi Made certification. MEPCO operates through three wholly-owned subsidiaries — Estidama, Wasco, and Juthor Paper Manufacturing — which extend the group's footprint across the paper and packaging value chain.

MEPCO's core technology centers on paper and containerboard manufacturing, anchored by its current paper-making assets and the in-progress PM5 paper machine project described as a new industrial milestone for the Middle East. The group's go-to-market is a B2B enterprise field-sales motion targeting industrial and manufacturing buyers, with consultative engagement signaled by hosted client delegations and site visits to manufacturing facilities. Distribution is direct-to-customer across the MENA region from Saudi-based production facilities, with no public pricing disclosure beyond quote-based industrial pricing.

Revenue mechanics are anchored in hardware sales of containerboard and paperboard to industrial packaging customers, supplemented by subsidiary-level paper and packaging solutions revenue. Marketing and investor communications are conducted through a corporate website and media center, a dedicated Investor Relations portal (including share and dividend information consistent with public-listing status), and participation in regional industry events such as the PIF Private Sector Forum. Recent recognition includes ranking #1 in the Paper & Packaging Sector of TIME & Statista's Arabia's Growth Leaders 2026 and placement among the top 11 companies in Saudi Arabia's Industrial Lighthouse Program.

Short descriptiontext

MEPCO is a publicly listed Saudi Arabian industrial paper manufacturer and one of the largest paper mills in the MENA region, producing containerboard and paperboard for industrial packaging customers through wholly-owned subsidiaries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersJeddah, Saudi Arabia
HQ citystring
Jeddah
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
containerboard manufacturing, paperboard products, industrial paper mill, packaging materials, recycled paper products
Industry2 codes
1Recycled Containerboard (Testliner) Manufacturing
CodeIMAMAFABPrimaryYes
2Recycled Paperboard & Containerboard
CodeIMAMAKAGPrimaryNo
NAICS code2 codes
  • Paperboard Mills322130
  • Pulp, Paper, and Paperboard Mills3221
SIC code2 codes
  • Paperboard Mills2631
  • Paper Mills2621
Product category
Industrial Paper Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Paper and Containerboard Products
TypeHardware Sales
Description

Manufacturing and sale of containerboard and paperboard products to industrial customers

mep.co
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Middle East Paper Company (MEPCO) manufactures and sells containerboard and paperboard products to industrial customers across the Middle East and North Africa (MENA) region. As one of the largest paper mills in MENA, headquartered in Jeddah, Saudi Arabia, the company produces paper-based packaging materials used for corrugated boxes, shipping containers, and various industrial packaging applications.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Middle East Paper Company (MEPCO) is one of the largest paper mills in the Middle East and North Africa (MENA) region, operating as a circular economy leader in Saudi Arabia. The company's core product portfolio consists of Containerboard and Paperboard products for industrial packaging applications. MEPCO operates through three subsidiary companies: Estidama, Wasco, and Juthor Paper Manufacturing, which extend the group's capabilities across the paper and packaging value chain. The company is focused on sustainability, evidenced by its decarbonization strategy, electrification projects, and environmental initiatives.

Product and service2 records
1Containerboard
CategoryContainerboard
Description

Paper-based packaging material used for manufacturing corrugated boxes and shipping containers, part of MEPCO's core containerboard product line for industrial customers.

2Paperboard
CategoryPaperboard
Description

Industrial paper product used for various packaging and manufacturing applications within MEPCO's paperboard product line, serving industrial and manufacturing sector customers.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierModerateTypeGTM or Marketing PartnerAnnounced on2026-02-15
Description

MEPCO Group participated in the PIF Private Sector Forum 2026, strengthening partnerships and engaging with the broader private sector ecosystem in Saudi Arabia

2Alf Meel Delegation
Strategic tierModerateTypeStrategic or Co-development Partner
Description

Industrial delegation visited MEPCO subsidiary Juthor Paper Manufacturing to explore future of Saudi industry and strengthen industrial partnerships

mep.co
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

World's largest paper-based packaging company following the Westrock–Smurfit Kappa merger, with extensive containerboard mill network. Comparable to MEPCO as a global incumbent in the same containerboard/corrugated category that increasingly targets growth in MENA.

TypeBroad incumbent
Description

Diversified European paper and biomaterials company with significant specialty paper and label-grade operations. Comparable to MEPCO as a publicly listed, sustainability-led paper producer benchmarking capital allocation and ESG positioning.

TypeBroad incumbent
Description

Global paper and packaging major with containerboard, corrugated, and consumer packaging operations worldwide. Comparable to MEPCO as a large-scale containerboard producer and benchmark for unit economics in industrial paperboard.

TypeBroad incumbent
Description

European integrated paperboard and biomaterials producer with significant containerboard and packaging board capacity. Comparable to MEPCO as a renewable-fiber, sustainability-positioned paperboard peer benchmarking MEPCO's circular-economy strategy.

TypeBroad incumbent
Description

Global producer of coated and specialty paperboard with operations in Europe, North America, and Africa. Comparable to MEPCO as a publicly listed paperboard manufacturer pursuing higher-margin grades and sustainability positioning.

TypeDirect peer
Description

Saudi Arabia-based competitor producing containerboard, tissue, and converted paper products for the local and regional market. Directly comparable to MEPCO as another major Saudi/MENA integrated paper and packaging producer targeting the same industrial and FMCG customers.

TypeBroad incumbent
Description

Global integrated paper and packaging group with significant containerboard and kraft paper operations across Europe and emerging markets. Comparable to MEPCO as a large-scale containerboard producer with growing MENA exposure through corrugated and industrial packaging customers.

TypeBroad incumbent
Description

World's largest containerboard producer, headquartered in China with global export reach. Comparable to MEPCO as a high-volume containerboard producer whose global capacity additions and export pricing directly set the marginal price MEPCO can realize in MENA.

TypeDirect peer
Description

Saudi converter of folding cartons and paperboard packaging serving FMCG and industrial customers in MENA. Comparable to MEPCO's Wasco and Juthor subsidiaries in the converting layer of the regional paper-based packaging value chain.

TypeDirect peer
Description

UAE-based integrated tissue and paper manufacturer serving MENA industrial and consumer customers. Comparable to MEPCO as a regionally focused paper mill competing for the same MENA packaging and tissue-adjacent accounts.

Market position
Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Middle East Paper Co.

Industrial Paper Manufacturingmepco.biz

MEPCO is a publicly listed Saudi Arabian industrial paper manufacturer and one of the largest paper mills in the MENA region, producing containerboard and paperboard for industrial packaging customers through wholly-owned subsidiaries.

What Middle East Paper Co. does

Middle East Paper Company (MEPCO) is a Saudi Arabia-based, publicly listed industrial paper manufacturer headquartered in Jeddah and positioned as one of the largest paper mills in the Middle East and North Africa (MENA) region. The company manufactures and sells containerboard and paperboard products used by industrial and packaging customers across the MENA region, with a stated circular-economy and sustainability orientation evidenced by its decarbonization strategy, completed electrification project, and Saudi Made certification. MEPCO operates through three wholly-owned subsidiaries — Estidama, Wasco, and Juthor Paper Manufacturing — which extend the group's footprint across the paper and packaging value chain.

MEPCO's core technology centers on paper and containerboard manufacturing, anchored by its current paper-making assets and the in-progress PM5 paper machine project described as a new industrial milestone for the Middle East. The group's go-to-market is a B2B enterprise field-sales motion targeting industrial and manufacturing buyers, with consultative engagement signaled by hosted client delegations and site visits to manufacturing facilities. Distribution is direct-to-customer across the MENA region from Saudi-based production facilities, with no public pricing disclosure beyond quote-based industrial pricing.

Revenue mechanics are anchored in hardware sales of containerboard and paperboard to industrial packaging customers, supplemented by subsidiary-level paper and packaging solutions revenue. Marketing and investor communications are conducted through a corporate website and media center, a dedicated Investor Relations portal (including share and dividend information consistent with public-listing status), and participation in regional industry events such as the PIF Private Sector Forum. Recent recognition includes ranking #1 in the Paper & Packaging Sector of TIME & Statista's Arabia's Growth Leaders 2026 and placement among the top 11 companies in Saudi Arabia's Industrial Lighthouse Program.

Middle East Paper Co. firmographics

Firmographics
Name
Middle East Paper Co.
Legal name
Middle East Paper Company
Website
https://mepco.biz
Company type
Public
Founded year
2000
Operating status
Operating
Headcount range
501–1,000 employees
Short description
MEPCO is a publicly listed Saudi Arabian industrial paper manufacturer and one of the largest paper mills in the MENA region, producing containerboard and paperboard for industrial packaging customers through wholly-owned subsidiaries.
Ownership category
akta.pro rank

Middle East Paper Co. industry classification

Industry
Product category
Industrial Paper Manufacturing
NAICS
Paperboard Mills (322130), Pulp, Paper, and Paperboard Mills (3221)
SIC
Paperboard Mills (2631), Paper Mills (2621)
akta.pro primary industry
Recycled Containerboard (Testliner) Manufacturing (IMAMAFAB)
akta.pro secondary industry
Recycled Paperboard & Containerboard (IMAMAKAG)

Keywords

  • Containerboard manufacturing
  • Paperboard products
  • Industrial paper mill
  • Packaging materials
  • Recycled paper products

Where Middle East Paper Co. is headquartered

Location

Headquarters

HQ city
Jeddah
HQ country
Saudi Arabia
HQ region
Middle East

Offices1 record

Markets served

Middle East Paper Co. business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

  1. Paper and Containerboard Products: Manufacturing and sale of containerboard and paperboard products to industrial customers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Middle East Paper Co. product offering

Product offering

Core offering

Middle East Paper Company (MEPCO) manufactures and sells containerboard and paperboard products to industrial customers across the Middle East and North Africa (MENA) region. As one of the largest paper mills in MENA, headquartered in Jeddah, Saudi Arabia, the company produces paper-based packaging materials used for corrugated boxes, shipping containers, and various industrial packaging applications.

Product overview

Middle East Paper Company (MEPCO) is one of the largest paper mills in the Middle East and North Africa (MENA) region, operating as a circular economy leader in Saudi Arabia. The company's core product portfolio consists of Containerboard and Paperboard products for industrial packaging applications. MEPCO operates through three subsidiary companies: Estidama, Wasco, and Juthor Paper Manufacturing, which extend the group's capabilities across the paper and packaging value chain. The company is focused on sustainability, evidenced by its decarbonization strategy, electrification projects, and environmental initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

  • Containerboard Paper-based packaging material used for manufacturing corrugated boxes and shipping containers, part of MEPCO's core containerboard product line for industrial customers.
  • Paperboard Industrial paper product used for various packaging and manufacturing applications within MEPCO's paperboard product line, serving industrial and manufacturing sector customers.

Companies that use Middle East Paper Co.

Customer profile

Segments1 record

Ideal customer profiles1 record

Middle East Paper Co. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Middle East Paper Co. partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered moderate.

  • PIF Private Sector ForummoderateGTM or Marketing Partner · 15 February 2026MEPCO Group participated in the PIF Private Sector Forum 2026, strengthening partnerships and engaging with the broader private sector ecosystem in Saudi Arabia
  • Alf Meel DelegationmoderateStrategic or Co-development PartnerIndustrial delegation visited MEPCO subsidiary Juthor Paper Manufacturing to explore future of Saudi industry and strengthen industrial partnerships

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Middle East Paper Co. competitors and assessment

Company assessment

Broad incumbents

  • Smurfit Westrock: World's largest paper-based packaging company following the Westrock–Smurfit Kappa merger, with extensive containerboard mill network. Comparable to MEPCO as a global incumbent in the same containerboard/corrugated category that increasingly targets growth in MENA.
  • UPM-Kymmene: Diversified European paper and biomaterials company with significant specialty paper and label-grade operations. Comparable to MEPCO as a publicly listed, sustainability-led paper producer benchmarking capital allocation and ESG positioning.
  • International Paper: Global paper and packaging major with containerboard, corrugated, and consumer packaging operations worldwide. Comparable to MEPCO as a large-scale containerboard producer and benchmark for unit economics in industrial paperboard.
  • Stora Enso: European integrated paperboard and biomaterials producer with significant containerboard and packaging board capacity. Comparable to MEPCO as a renewable-fiber, sustainability-positioned paperboard peer benchmarking MEPCO's circular-economy strategy.
  • Sappi Limited: Global producer of coated and specialty paperboard with operations in Europe, North America, and Africa. Comparable to MEPCO as a publicly listed paperboard manufacturer pursuing higher-margin grades and sustainability positioning.
  • Mondi Group: Global integrated paper and packaging group with significant containerboard and kraft paper operations across Europe and emerging markets. Comparable to MEPCO as a large-scale containerboard producer with growing MENA exposure through corrugated and industrial packaging customers.
  • Nine Dragons Paper: World's largest containerboard producer, headquartered in China with global export reach. Comparable to MEPCO as a high-volume containerboard producer whose global capacity additions and export pricing directly set the marginal price MEPCO can realize in MENA.

Direct peers

  • Saudi Paper Manufacturing Company (SPMC): Saudi Arabia-based competitor producing containerboard, tissue, and converted paper products for the local and regional market. Directly comparable to MEPCO as another major Saudi/MENA integrated paper and packaging producer targeting the same industrial and FMCG customers.
  • Obeikan Paper Industries: Saudi converter of folding cartons and paperboard packaging serving FMCG and industrial customers in MENA. Comparable to MEPCO's Wasco and Juthor subsidiaries in the converting layer of the regional paper-based packaging value chain.
  • Gulf Paper Manufacturing (GPMC): UAE-based integrated tissue and paper manufacturer serving MENA industrial and consumer customers. Comparable to MEPCO as a regionally focused paper mill competing for the same MENA packaging and tissue-adjacent accounts.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Middle East Paper Co. social profiles

Digital presence

Middle East Paper Co. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Middle East Paper Co. leadership team

Management profile

Number of profiles

Middle East Paper Co. subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Middle East Paper Co. funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Middle East Paper Co. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Middle East Paper Co.

What does Middle East Paper Co. do?

Middle East Paper Company (MEPCO) manufactures and sells containerboard and paperboard products to industrial customers across the Middle East and North Africa (MENA) region. As one of the largest paper mills in MENA, headquartered in Jeddah, Saudi Arabia, the company produces paper-based packaging materials used for corrugated boxes, shipping containers, and various industrial packaging applications.

Is Middle East Paper Co. a public or private company?

Middle East Paper Co. is a public company. It is classified as public and is currently operating.

When was Middle East Paper Co. founded?

Middle East Paper Co. was founded in 2000. It employs 501 to 1,000 people.

Where is Middle East Paper Co. based?

Middle East Paper Co. is headquartered in Jeddah, Saudi Arabia, in the Middle East region.

How does Middle East Paper Co. make money?

One revenue line is on record: paper and Containerboard Products.

Who are Middle East Paper Co.'s main competitors?

Broad incumbents on record are Smurfit Westrock, UPM-Kymmene, International Paper, Stora Enso, Sappi Limited, Mondi Group and Nine Dragons Paper. Direct peers are Saudi Paper Manufacturing Company (SPMC), Obeikan Paper Industries and Gulf Paper Manufacturing (GPMC).

Does Middle East Paper Co. have an API?

No public API is recorded for Middle East Paper Co..

What industry is Middle East Paper Co. in?

Middle East Paper Co.'s product category is Industrial Paper Manufacturing. Its primary akta.pro industry code is IMAMAFAB, Recycled Containerboard (Testliner) Manufacturing, with a secondary code of IMAMAKAG, Recycled Paperboard & Containerboard. Its NAICS code is 322130 and its SIC code is 2631.

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Live signals
ArgaamMEPCO expects containerboard mill to start operations by end-2027Middle East Paper Co. (MEPCO) expects its new PM5 containerboard mill to commence commercial operations by the end of 2027, supported by a total allocation of approximately SAR 465 million. Concurrently, the company plans to double its tissue mill capacity to 120,000 tons by the end of 2026, aiming to strengthen its competitive position and generate new market demand. This strategic expansion follows an 8% revenue increase in Q2 2026, driven by improved operational efficiency and effective cost management.SahmcapitalMiddle East Paper Reports SAR 13.29M Net Profit in the Six Months 2026Middle East Paper Co. announced its financial results for the first half of 2026, reporting a net profit attributable to shareholders of SAR 13.29 million, a 25.93% increase compared to the previous year. The company's revenue grew slightly, driven by higher sales volumes and improved prices, with significant quarter-on-quarter profit recovery. The external auditor issued an unmodified opinion on the results, and shareholders' equity increased marginally.AInvestMEPCO - QTR saw higher operating profitMiddle East Paper Company (MEPCO) reported a 42.5% quarter-over-quarter increase in operating profit to SAR 17.03 million for the third quarter of 2025, driven by improved cost management and government support. The company also saw its net profit surge by 173.86% to SAR 14.31 million, marking a significant turnaround from previous losses.AInvestMEPCO - QTR saw higher revenue and improved gross profit marginMiddle East Paper Company (MEPCO) reported a turnaround in its third quarter of 2025 financial results, moving from a net loss to a profit of SAR 14.31 million. This improvement was driven by higher revenue, significant cost reductions, and improved operational efficiency that turned an operating loss into a SAR 17.03 million profit.ArgaamMEPCO recommends share issuance proceeds reallocationMiddle East Paper Co. (MEPCO) proposed a reallocation of share issuance proceeds, prioritizing near-term capital projects over acquisitions, subject to shareholder approval. The reallocation aims to optimize project funding without affecting total proceeds, with a focus on the green circular containerboard mill and maintaining strategic flexibility.ArgaamMEPCO to see stable performance in Q4, strong demand continues: CEOMiddle East Paper Co. (MEPCO) CEO Sami Al-Safran stated that Q4 2023 performance is expected to stabilize while maintaining current paper packaging sales volumes, with the associate Juthor Paper Manufacturing Co. contributing to revenue growth. The company reported a 9% year-on-year sales growth in Q3 2023, though it swung to a net loss of SAR 44.6 million in the first nine months of 2023, compared to a net profit of SAR 244.9 million in the same period a year earlier. Cost of sales increased 23% quarter-on-quarter due to higher maintenance costs at the factory, while global selling prices for paper packaging declined amid current economic conditions.FastmarketsMiddle Eastern packaging producer gains visibility on new markets and competitorsThe Middle East Paper Company (MEPCO), a Middle Eastern packaging producer with 500,000 tons of containerboard capacity, has utilized Fastmarkets' market intelligence services for competitor analysis, cost benchmarking, and export market evaluation over the past decade. The company has grown from 60,000 tons to 500,000 tons in capacity since its founding in 2000 and expanded into tissue production in 2023 after identifying a market gap. MEPCO continues to use Fastmarkets' forecasts and industry events to navigate market volatility and inform its 10-year strategic plans amid geopolitical uncertainties.