Founded on November 13, 1989, with a capital of approximately SAR 300 million, the Saudi Paper Manufacturing Company (SPMC) is headquartered in Dammam. From its humble beginnings as a sole proprietorship in 1989, the company has grown into one of the leading joint-stock companies in the hygienic paper industry in Saudi Arabia and the region.
An Integrated Industrial Ecosystem
The company is part of the Saudi Paper Group (SPG), which operates an integrated system covering recycling, manufacturing, and converting. This network includes:
• Saudi Paper Recycling Company: Processes used paper through a de-inking unit to supply recycled pulp to the mills.
• Saudi Paper Converting Company: Established in 2003, it converts jumbo rolls into final consumer products under popular brands like “Mishwar” and “City”.
Continuous Production Development
Large-scale paper production began in 1991 and has seen several expansions:
• 1992: First machine installed with an annual capacity of 16,000 tons.
• 1994: De-inking unit added.
• 1995: Second machine launched with 24,000 tons capacity.
• 2001: Third machine added -- 30,000 tons annually.
• 2009: Fourth machine introduced -- 55,000 tons annually.
• 2014: First production line rebuilt to reach 28,000 tons annually, raising total capacity to about 137,000 tons.
Regional and Mechanical Expansion
Saudi Paper Group’s expansions include several regional subsidiaries such as:
• Roots Paper Company in Kuwait
• Madar Paper Company in the UAE, Algeria, Morocco, and Jordan
• Paper converting facilities across the Middle East and North Africa
Financial and Economic Performance
Saudi Paper is listed on the Saudi Exchange under the symbol 2300. It has a paid-up capital of SAR 370.7 million and about 37.07 million shares with a nominal value of SAR 10 each. By the end of 2024, the company reported:
• Total revenue of around SAR 837 million
• Net profit of SAR 83.2 million
• Total assets exceeding SAR 1.22 billion
In 2025, the company secured a SAR 47.5 million loan from the Saudi Industrial Development Fund, with test operations for its fifth production line scheduled for the third quarter of the year.
Professional Management
The company is led by:
• Abdullah bin Abdulrahman Al-Kharashi, Chairman of the Board
• Abdulaziz bin Raed Al-Mishaal, CEO (appointed in August 2025)
The leadership team also includes executives overseeing finance, operations, marketing, and safety.
A Sustainable National Success Story
Saudi Paper Manufacturing Company represents a national model of sustainable industrial development:
• Its recycling system reduces reliance on imported pulp and supports environmental protection.
• Its internal converting network adds value and product diversity.
• Its regional expansion strengthens Saudi Arabia’s role in the MENA paper industry.
Media Contact
Company Name: Saudi Paper
Email: Send Email
Phone: 920003558
Address:2598 Industrial City 2 Unit No. 2
City: Dammam 34326-7169
Country: Saudi Arabia
Website: https://saudipaper.com/