Filling & Packing Materials Manufacturing Co - Company Profile
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Filling & Packing Materials Manufacturing Co (FIPCO) is a manufacturer of polypropylene packaging (PP) products. It offers various bags and woven polypropylene packaging products including jumbo bag, container liner, fabric bag, small bag, valve bag, cable filler and strapping band, Agri twine, and baler twine. The company produces Leno bags for the packaging of fruits and vegetables and as protection bags for dried fruits. FIPCO also manufactures agricultural and baler twines for animal feeds and baling grasses. It offers these bags under different sizes and capacities to its customers. The company’s products find application in industrial, agricultural and other sectors. FIPCO owns and operates a manufacturing facility in Riyadh, Saudi Arabia. It markets its products globally, selling across five continents. FIPCO is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
New Industrial city, Phase 3, P.O.Box 8762, Riyadh, Ar Riyad, 11492
Website
www.fipco.com.sa
Telephone
966 1 12652299
No of Employees
1,200
Industry
Paper and Packaging
Ticker Symbol & Exchange
2180 (SAU)
Revenue (2024)
$67.1M
2.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-2153.5%
(2024 vs 2023)
Market Cap*
$97.4M
Net Profit Margin (2024)
XYZ
-2,097.4%
(2024 vs 2023)
* As of and is in US$
Filling & Packing Materials Manufacturing Co premium industry data and analytics
Products and Services
| Products |
|---|
| Jumbo Bag |
| Small Bag |
| Fabric |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company entered into an agreement with SAUDI EXIM BANK to benefit from all governmental support initiatives in line with national transformation programs. |
| 2023 | Contracts/Agreements | In July, the company signed a non-binding Memorandum of Understanding (MOU) with Saudi Top Plastic factory to enhance cooperation between the two companies in product development, quality assurance, and sustainable solutions, particularly focusing on recycling plastic products and creating new, easily recyclable products. |
| 2023 | Contracts/Agreements | In July, the company’s subsidiary, FPC Industries Co, entered into a non-binding Memorandum of Understanding (MoU) with Slovenia's DBS Engineering, Trade and Services LTD. The MoU aims to collaborate on local and global projects, leveraging the successful research and development efforts of both companies. |
Competitor Comparison
| Key Parameters | Filling & Packing Materials Manufacturing Co | Sealed Air Corp | Takween Advanced Industries Co. | Zahrat Al Waha for Trading Co | Arabian Plastics Industries Co SJSC |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | United States of America | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Riyadh | Charlotte | Al-Khobar | Riyadh | Jeddah |
| State/Province | Ar Riyad | North Carolina | - | - | Makkah |
| No. of Employees | 1,200 | 16,100 | 498 | - | - |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Abdullah Mohammed Al Harbi | Director; Chief Executive Officer | Executive Board | 2025 | - |
| Faisal Muhammed Alharbi | Deputy Chairman; Managing Director | Executive Board | - | - |
| Ahmed Abdul Latif Al Barrak | Chairman | Non Executive Board | - | - |
| Ansar Mahmoud Hussain | Chief Financial Officer | Senior Management | 2025 | - |
| Nemer Nasir Alharbi | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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