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Hotpack Appoints new VP for Strategy and Investments and Head, KSA

Dubai, November 15, 2021: Hotpack Global, the world’s leading manufacturer of disposable food packaging products, announced Mr. Suhail Abdullah joining as the Group Vice President, Strategy and Investments in its corporate management team.

In a statement Hotpack said Mr. Suhail will lead the corporate strategy of the Group and his mandate includes alliances, Mergers & Acquisitions (M&As) as well as strategic investments. Additionally, he will also be the Country Head of Hotpack Saudi Arabia. He will be stationed in the Kingdom.

“Mr. Suhail is joining us at an exciting time of growth and expansion for the industry as a whole and Hotpack as well. We look forward to his expertise adding further value to our business propositions and new investments as we continue to enhance our global and regional geographical footprints,” said Group Managing Director PB Abdul Jebbar.

The new appointment follows a recent announcement by Hotpack to expand its production base by opening an AED 250 million rigid PET packaging facility and e-commerce hub in Dubai in the fourth quarter of the year. Hotpack’s export footprints have also grown substantially throughout the year with the company’s products present in nearly 100 global markets.

The Hotpack statement said Mr. Suhail brings with him a wealth of experience to the Group from working across multiple geographies. His previous stints in global corporate entities include key positions in SABIC and Eram Group.

“Over the years, Hotpack has established itself as a regional market leader in the disposable food packaging industry while also increasing exports to various international markets. With visionary leadership, state-of-the-art manufacturing plants, robust supply chain capabilities and a proven track record of over 20 years, Hotpack is all set to increase its global footprint,” Mr. Suhail said.

“I am excited to lead the strategy function at Hotpack group where my focus will be to enhance regional presence, lead global expansion and to make investments for enhancing sustainable packaging solutions portfolio,” he added.

The appointment also comes at a time when Hotpack is celebrating its 26th anniversary on the theme of 'Sustainable packaging for a better tomorrow.’ Hotpack which has a range of over 200 PET packaging products for various industry vertical has been on a robust growth trail for the whole year of 2021 despite the COVID pandemic. The company hired over 700 employees this year so far.

Hotpack is also looking into many new projects and investments in the sustainable space with long-term outlook. 

Hotpack’s complete range of disposable food packaging solutions include eco-friendly kraft boxes, trays, paper bags, paper cups, takeaway containers, Aluminum foils and flexible packaging products. Their ultra-modern PET extrusion plant in National Industries Park produces recyclable bakery containers, salad bowls, juice cups and more. Hotpack also specializes in the production of facial tissues, napkins, kitchen rolls & toilet rolls under the brand “Soft n Cool”. 

Posted by : Editorial Team
Viewed 5289 times
PR Category : Banking & Investments
Posted on : Monday, November 15, 2021  2:57:00 PM UAE local time (GMT+4)
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