News
Plastic sector launched new
products “Stretch
Film”
The Plastic Sector is investing
thru its subsidiary "Al-Sharq Plastic" in entering a new segment by
producing Stretch Films. The new products are used widely in Logistic &
Warehousing industries for wrapping.
 
The sector is planning to build up a capacity of 50,000 tons per annum
in 4 years’ time, where almost 90% of the capacity will be export
oriented specially to Europe.
Mr. Azhar Kangi "Plastic Sector CEO" said
this investment is matching with the sector strategic plan to be amongst
the top 20 global plastic packaging manufacturer, and this investment is
one of the many other Initiatives to make the sector a major global
manufacturer. |