Filling and packing materials MFG. Co. (FIPCO) is a Saudi Joint Stock Co. considers the long operating track record of the company in the plastic packaging industry with an established market presence (Market Leader).
Export plans at FIPCO for its products improve product mix leading to diversification related benefits and aid in revenue growth. In addition, FIPCO, with an investment of SAR 122 million, has launched a new product (Technical Fabrics) through its recently positioned subsidiary – FPC Industrial Company (FPC) further boosting the revenue.
The location of the company’s plant in proximity to its suppliers enable logistics convenience is considered positive. The company’s established competence in the plastic packaging business is reflected in its ability to get repeat orders from its reputed clients, as well as FIPCO has comfortable capital structure and liquidity position.