Hotpack
 | |
| Industry | Food packaging |
|---|---|
| Founded | 1995 |
| Founder | Abdul Jebbar PB (Founder) Zainudeen PB (Co-founder) |
| Headquarters | |
Area served | 106 countries |
Key people |
|
Number of employees | 4,000 |
| Website | Official website |
Hotpack Global is a food packaging and distribution company based in the UAE,[1] founded by Abdul Jebbar and Zainudeen PB in 1995. The company has operations in 29 locations across the Middle East, UK, North America, Malaysia, India, and various African countries. It exports to over 106 countries[2][3] and is the largest manufacturer of packaging products in the GCC region.[1][4]
History
[edit]Abdul began his career in trading at a young age, procuring foreign goods from individuals arriving from the Gulf. In 1990, he moved to Dubai and worked in various jobs.[5] In 1995, Abdul and his brother Zainudeen PB founded Majid Plastics, which started as a packaging trading company and later became a packaging manufacturer known as Hotpack.[6]
In 2013, the company established its first manufacturing unit at Dubai Investment Park (DIP).[7] The company expanded its operations to the United Kingdom in 2018 with the formation of its subsidiary H-Pack, a global manufacturing facility in Wales. In 2021, Hotpack entered into an agreement with DP World, UAE Region, to export its products through the Jebel Ali Port. In 2022, Hotpack Global announced a AED 350 million investment in Malaysia in collaboration with Free The Seed to build biodegradable packaging plants using rice straw, facilitated by the Malaysian Bioeconomy Development Corporation.[8][9] The same year, the company opened a $68 million manufacturing and logistics unit in National Industries Park, Dubai.[10] In 2022, the company acquired Al Huraiz Packaging Industry (AHP), a UAE-based carton manufacturer.[11] In 2023, the company announced plans to establish a specialized food packaging project in Saudi Arabia worth an estimated SR1 billion ($266 million). The project aimed to produce environment-friendly products.[12][13]
References
[edit]- ^ a b John, Issac. "Dh250m new plant is pivotal to Hotpack's 7-fold growth plan". Khaleej Times. Retrieved 2024-06-27.
- ^ Kumar, Anjana (2023-06-20). "He came to Dubai as a teen from a small village in Kerala, India, now he's a multi-millionaire". gulfnews.com. Retrieved 2024-06-27.
- ^ Anouar, Souad. "UAE-Based Hotpack Global To Capture 80% of Moroccan Packaging Sector". Morocco World News. Retrieved 2024-06-27.
- ^ Prakash, Aryan (20 June 2023). "From rags to riches: Kerala man lost dad at six, is now multi-millionaire in UAE". Hindustan Times.
- ^ Kumar, Anjana (2023-06-20). "He came to Dubai as a teen from a small village in Kerala, India, now he's a multi-millionaire". gulfnews.com. Retrieved 2024-06-27.
- ^ Prakash, Aryan (20 June 2023). "From rags to riches: Kerala man lost dad at six, is now multi-millionaire in UAE". Hindustan Times.
- ^ Kumar, Anjana (2023-06-20). "He came to Dubai as a teen from a small village in Kerala, India, now he's a multi-millionaire". gulfnews.com. Retrieved 2024-06-27.
- ^ Zulkifli, Adie (2022-04-21). "UAE-based Hotpack's investment pledge a boost for Malaysia | New Straits Times". NST Online. Retrieved 2024-06-27.
- ^ "Hotpack Global to build 10 packaging plants worth $98mn in Malaysia". ConstructionWeek.
- ^ Fouad, Chantal (2022-11-14). "Hotpack unveils Dh250 million manufacturing facility in Dubai's National Industries Park". gulfnews.com. Retrieved 2024-06-27.
- ^ "Hotpack acquires Al Huraiz Packaging, adds 14th production plant to its global portfolio". Arabian Business. 18 October 2022.
- ^ "UAE's Hotpack Global to establish $266m packaging project in Saudi Arabia". Arab News. 2023-04-03. Retrieved 2024-06-27.
- ^ "UAE's Hotpack to build SAR1bn production plant in Saudi Arabia - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. 2023-04-06. Retrieved 2024-06-27.