FINE to sustain strong exports in 2009 through enhanced
Gulf and East African sales Gulf trade expected to grow by around 25
per cent
Although FINE posted a solid 20 per cent growth in 2008 behind
strong sales of its facial tissues and toilet rolls, The launch of the new
disposable baby diaper brand FINEE last year has further enhanced sales levels.
The introduction of exports to new markets in 2008 and the increase in sales
volume in Oman have further driven the international profitability of FINE, a
trend that is expected to help the company overcome any obstacles posed by the
economic downturn.
While we face challenges in regions such as the Indian
subcontinent which are slowly adjusting to current economic realities, we can
easily adapt due to our strong presence in other areas. We plan to boost demand
from major markets such as the Gulf and East Africa through new launches and
fresh marketing campaigns. Overall we expect our production levels to increase
from last year's figures, said Peter Janho, Chief Area Officer for the Arabian
Peninsula and Iran, FINE.
FINE expects to increase exports to the Gulf by
25 per cent in 2009 to maintain the region?s status as its top trade
destination. The company has a 32 per cent share in the KSA?s hygienic paper
sector and a 22 per cent hold on the total UAE market. Oman remains its biggest
export market in the region, accounting for around 40 per cent of total export
sales. The company's portfolio includes facial tissues, toilet paper, baby
diapers, wet wipes, refreshing towels, adult briefs, jumbo rolls, kitchen towels
and sanitary pads. FINE operates a manufacturing unit at the Jebel Ali Free Zone
in Dubai equipped with state-of-the-art equipment and facilities handled by 300
highly-skilled staff.
Editor's Note About FINE
FINE is the brand name of a wide
variety of products produced by FINE Hygienic Paper FZE. The company is a part
of the Nuqul Group, and has its headquarters in Jordan. A market leader in the
hygienic paper industry in the Middle East, FINE today is synonymous with 'paper
tissue'. Committed to maintaining the highest standards of quality in all
aspects of production, FINE introduced the ?Steri Pro? process of sterilizing
tissues which guarantees that the tissues are 100 per cent germ-free before they
are packed.
The commitment to excellence is manifested in its factories,
which are equipped with state-of-the-art machinery, highly qualified and
experienced staff, and the determination to continually improve on and upgrade
production facilities.
The Fine brand name encompasses kitchen towels,
toilet rolls, jumbo rolls, adult briefs and wet wipes, in addition to different
variants of facial tissue.
Other brands that the company markets, include
Lido and Baby Fine diapers, Lady Fine and Cinderella sanitary napkins and Smile
(economy facial tissue).
About Nuqul Group
The Jordan-based Nuqul Group
is one of the region's leading industrial conglomerates. It brings together 27
regional and global companies, 5,000 employees, and exports its products to over
45 exports markets worldwide. |