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GCC/LEVANT/AFRICA NEWS
Canon & DBWC to empower BOBST VISION CI
installation
women in print & imaging Riyadh-based Ali M. Al
Shamrani Industry Company
(Al-Shamrani), a leading pro-
Aligning with the compa- ship opportunities, and net- ducer of polyethylene-based
ny’s core values of a human- working events. (PE) flexible packaging for
centred approach, Canon “Women Who Empower the Saudi market, has
presented the first module of initiative embodies Canon’s invested in a new BOBST
its workshop series ‘Women unwavering dedication to VISION CI flexo press to
Who Empower’, led by diversity, inclusivity, and modernize and increase its
Ayman Aly, Marketing women empowerment. We production capacity.
Director, Canon EMEA. believe that by providing Established in 1994, the
Participants delved into the women with the necessary business has grown through
intricate world of photo resources, training, and sup-
printing workflows, explor- port, we can drive positive investments of more than
ing emerging trends and 120 million Saudi riyals. Its
market insights, with an Printing module of workshop series by Ayman Aly, Canon EMEA change and unlock their full 25,000 square metre facility
potential in these dynamic
exclusive demonstration fea- ment practice in the chosen are part of Canon’s ‘Women features 28 integrated pro-
turing different print solu- field. Besides Aly who leads Who Empower’ campaign in industries,” comments duction lines of film, print-
tions and print media. the printing module, collaboration with the Dubai Venkatasubramanian ing, cutting, and processing
The programme includes renowned action photogra- Business Women Council Hariharan, Managing equipment. In addition to
three modules: printing, pher and Canon Ambassador (DBWC), a leading platform Director at Canon Middle supplying polyethylene (PE)
photography, and content Jorge Ferrari will lead the in the UAE for the personal East and Turkey. The work- packaging for the food mar-
creation, with each having photography curriculum, and professional develop- shop was hosted by Dubai- ket, Al-Shamrani prints on all
two theory and two practical while Emirati director and ment of business women. based Art Plus I Community, PE, polypropylene (PP), lam-
sessions. The classes include executive producer Nahla Al The initiative aims to uplift Gallery & Printing, a modern inate, biaxially oriented poly-
foundational theory, techni- Fahad will provide extensive and support women in the art gallery and community propylene (BOPP), and cast
cal instructions, and a month training in content creation. print and imaging industries for both new and veteran art- polypropylene (CPP) prod-
of supervised Canon equip- The interactive workshops through webinars, mentor- ists. ucts.
MEPCO okays budget for new Al-Shams Printing
containerboard plant gets new machine
Riyadh-based Al-Shams
Jeddah-based Middle East Printing Packaging &
Paper Company (MEPCO) Trading Co., a leading force
has announced the start of a in Saudi Arabia’s printing
new phase of the container- sector, has upgraded their
board paper plant project in fleet with the state-of-the -art
a statement published on the Heidelberg Speedmaster XL
Saudi Exchange (Tadawul) 106-6+LX3 Combi. The fully
website. The feasibility automated machine with Saudi’s Al-Shams Printing team
study for the fifth paper line high productivity features is high standards in offset and
(PM5), with an annual pro- capable of printing both con- digital printing by taking
duction capacity of 4,50,000 Saudi’s MEPCO approves budget for new containerboard plant ventional and UV inks, as advantage of the latest tech-
tonnes, has been completed. and is expected to be com- Fund (PIF). In January well as handling coating jobs. nology. This cutting-edge
The final budget for the pro- pleted by the fourth-quarter 2024, PIF had completed its Its consistently high quality upgrade is expected to fur-
ject has been approved for a of 2027, with commercial investment deal in MEPCO, with steady production ther enhance their capabili-
speeds in straight printing or
total amount of approxi- production starting in the acquiring a 23.08% stake by perfecting mode is also ties, enabling them to deliver
mately 1.78 billion Saudi same quarter. The project way of a capital increase and impressive in longer runs. unparalleled print quality
and customer satisfaction.
riyals ($475 million), which will be funded by MEPCO’s subscription to new shares. Additionally, the intelligent Al-Shams’ dedication to
includes the land value and internal resources, by long- The contract value exceeds interaction of the automation innovation and customer-
an internal rate of return term loans from local banks, 62% of the company’s total components enables cost- centric approach has set the
estimated at 14.5%. and use of funds resulting revenue, according to the lat- effective production of all benchmark in Saudi Arabia’s
Construction will start in from the issuance of shares est audited annual financial printing products. printing and packaging land-
the third-quarter this year to the Public Investment statements. Al-Shams has been setting scape.
www.printweekmena.com May 2024 PrintWeek MENA 09