Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
UAE's Hotpack to foray in the UK with an investment of GBP 50 million
 
UAE's Hotpack to foray in the UK with an investment of GBP 50 million

DUBAI - March 8, 2017:  Hotpack Packaging Industries, a leading producer and wholesaler of quality disposable food packaging materials in the UAE, has recently announced an investment of GBP 50 million to develop a facility in Wrexham – Wales, England. The facility will be equipped with the latest in packaging and manufacturing technologies.

The announcement was made when Ms. Lesley Griffiths, Welsh Government Cabinet Secretary for Environment and Rural Affairs, and Mr. Philip Parham, UK Ambassador to the UAE, visited the USD 27 million, Hotpack head office and factory spanning over 360,000 sq. ft. in Dubai Investment Park.

The Wrexham facility will be established as the UK & European head office and manufacturing facility and will potentially create 250 jobs in the region. 

Announcing the expansion and investment, Mr Abdul Jebbar P.B., Group Managing Director at Hotpack Packaging Industries said, “As part our global expansion plans, we are delighted to announce the investment and expansion into the UK.  We are currently focusing on increasing our global footprint and are looking to establish the regions head office and manufacturing facility in Wales, UK.”

“Our efforts have been recognized by the Welsh Government and they have been extremely supportive. We are extremely delighted to join hands with them in building great relations with the Government of Wales. Through our facility, we hope to create 250 job opportunities.  Wrexham and the immediate area are rapidly emerging as a ‘Centre of excellence’ in advanced food technology and we look forward to bringing our 22 years of experience to enhance and support this sector with investment, job creation, training along with the very latest in production lines”, he added.

Mr. Ken Skates, Economy Secretary for the City of Wales said, “We are delighted to welcome Hotpack to the UK. It gives us great pleasure that the company is actively considering Wales as its manufacturing base in the Europe. Our aim is to have sustainable growth in Wrexham and we are extremely supportive of new industries and companies to open their facilities in the city. Hotpack is not only adding to our economy and creating jobs but also bringing innovative technology in the food manufacturing sector to the city.”

The Dubai-headquartered Hotpack Packaging Industries, which is part of Hotpack Holding & Investment Group, is one of the leading manufacturers and wholesale distributors of disposable food packaging, serving and related products in the region and beyond. The Group has an annual turnover of AED 700 million and is eyeing further opportunities across various global markets. Currently the group is having operations in 7 countries across ASIA.
The group’s manufacturing facilities are equipped with the cutting-edge technology for competent production, storage and logistics operations.

Posted by : Dubai PR Network Editorial Team
Viewed 3825 times
PR Category : Banking & Investments
Posted on : Wednesday, March 08, 2017  10:37:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Eros Group awarded Great Place to Work in the UAE, 2nd year ...
Next Story : Xpress Money is providing full cash payments in India after ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Bourjois Healthy Mix [10791-Views]
Prada Luna Rossa Carbon [10285-Views]
Kids Get Groovy in COÉGA Sunwear Spring/Summer 2017 collection [10272-Views]
Furless Electrolysis Permanent Hair Removal Centre Grand Launch [9370-Views]
Bourjois: Blow a Kiss for Mother's Day [8705-Views]
Eco-Drive FD2033-52W: Elegant timepiece from Citizen [8570-Views]
Paul Marciano and Al-Futtaim Celebrate GUESS' 35 Year Anniversary with Spectacular Evening... [8467-Views]
BIODERMA Introduces Photoderm NUDE Touch SPF50+ [8156-Views]
Bridging refinement and watchmaking know-how Golden Bridge Rectangle [7424-Views]
Longines Global launch of Conquest V.H.P.: a new milestone for quartz technology [7180-Views]
BIODERMA launches Photoderm Brume solaire MAX SPF50+ [7161-Views]
Invigorate your eye care routine with FOREO's next generation eye massager, IRIS [7155-Views]
Introducing NEW Olay Regenerist Microsculpting Cream SPF30 [7155-Views]
Filorga launches the NCTF-REVERSE Cellular Anti-Aging Range [7033-Views]
Around the world with Celio's new Spring-Summer '17 collection [6984-Views]
RAYMOND WEIL Freelancer Chronograph Inspired By the “Gibson Les Paul” Guitar [6893-Views]
Cocktail and Bridal Couture by International Brand Label based in Dubai, Kara by award-win... [6832-Views]
Are You Ready for World Class Pinoy at Max's? [6728-Views]
Kara by KK: Wedding Season - Fashion Product Placement [6442-Views]
Nautical & Floral Designs take center stage in the Max' Spring Collection 2017 [6271-Views]
A Homage to Cuba for Spring/Summer'17 by F&F [6179-Views]
BOVET's VIRTUOSO VIII Flying Tourbillon Big Date arrives in the Middle East [6173-Views]
Iconic Fashion Show Experience Season 2 [6100-Views]
Ulysse Nardin Jade “Grand Feu” [5941-Views]
Majid Al Futtaim launches ‘Create Great Moments Together' campaign to encourage UAE reside... [5899-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories