Shuaiba Industrial Company K.P.S.C. Overview
Pro stress-test →Shuaiba Industrial Company (K.P.S.C), established in 1978 and listed on the Kuwait Stock Exchange, specializes in innovative packaging solutions, particularly in the production of multi-wall virgin Kraft paper bags. The company serves a diverse clientele, including major global food brands like KFC and McDonald's, as well as manufacturers of snacks, frozen foods, and cement.
Strategic Profile
Pro stress-test →SIC is a leading paper packaging manufacturer in the Middle East with a base in Kuwait, and operates three more paper sack plants through Joint Ventures with cement companies. The company is a subsidiary of Al Safwa Group Holding Company KSCC.
Competitive Landscape
Pro stress-test →The company manufactures and sells paper packaging in Kuwait, GCC, Asia, and Africa through Industrial Packaging, Consumer Packaging, and Flexible Packaging divisions. Regional competitors include Gulf Paper Manufacturing Company and international packaging players. Shuaiba differentiates through multi-segment approach and joint venture partnerships with cement producers.
Industry Context
Shuaiba Industrial Company K.P.S.C. operates in Paper Containers and Packaging.
Key facts
Founded: 1978 · Headquarters: Kuwait City, Kuwait · Employees: 195 · Revenue: $42.8M · Market cap: $59.7M