Hempel Paints to Transfer All of Saudi Arabia’s Manufacturing Operations to New Factory in Jeddah

Posted on November 23, 2016 · 2 min read

Hempel Paints to Transfer All of Saudi Arabia’s Manufacturing Operations to New Factory in Jeddah - Featured Image | MEA Markets
Share this article
Image

Hempel Paints to Transfer All of Saudi Arabia’s Manufacturing Operations to New Factory in Jeddah

Hempel Paints, a global supplier of marine, protective and decorative coatings, announced plans to move its entire production in Saudi Arabia to its new plant in Jeddah’s Second Industrial City as part of a strategy aimed at meeting the needs of its Saudi customers. Inaugurated two years ago, the factory in Jeddah is Hempel’s first 100% water-based production factory in the Middle East, the largest in region, and the second largest in the world.  The strategic move coincides with the centennial anniversary of the inception of Hempel Group.

Commenting on the announcement, Engineer Ahmed Abdul Aziz, Sales and Marketing Director at Hempel Paints Middle East said: ‘We, at Hempel Paints, keep up with market developments and strive to meet customer needs and requirements. We completely understand that Saudi Arabia, in line with its Vision for 2030, will witness dynamic developments across all aspects, particularly the construction sector, which is the largest in the region. Plans are underway to build 40,000 hotel rooms by 2018 in Riyadh and Jeddah and 120 hotels by 2020 in the Kingdom. According to Raden bin Sa’afaq Al Dweish, Chairman of the Housing and Urban Development Committee of the Eastern Province Chamber of Commerce Industry, around 1.5 million residential units are in demand in the market.’

Commenting on Hempel Paints’ current annual production and 2017 expansion plans, Abdul Aziz stated: ‘Built on 15,000 square metres, the factory has production lines with manufacturing capacity of 32 million litres a year. The plan is to increase the maximum capacity to around 40 million litres annually.’

As for Hempel’s market share, Abdul Aziz said: ‘The paints and coatings market has a great growth potential, with an estimated value of SAR 3 billion a year, and Hempel Paints is aiming to double its market share in the Kingdom.’

Hempel Paints’ market share is expected to grow in the next five years due to the company’s commitment to providing its customers with best quality products and services. 

Hempel decorative paints are widely used by homeowners, architects, and construction companies. Armed with over 100 years of paint expertise, the company produces a wide range of interior, exterior and floor coatings solutions.

Hempel Paints has been present in the Kingdom for more than 45 years, controlling a considerable market share and maintaining strong market positioning thanks to its technologically-advanced paints available at its showrooms located strategically in the Kingdom.

You might also like

Looking for more? Gain deeper insights with these recommended articles, selected to provide further value.

June 9, 2021 Mastercard Foundation to Deploy $1.3 Billion in Partnership with Africa CDC to Save Lives and Livelihoods

The Mastercard Foundation has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Af...

August 26, 2016 Entersekt Appoints IST Networks as Reseller in the Middle East and Turkey

Entersekt, an innovator in mobile-enabled digital banking security, today announced a partnership with IST Networks. A leading systems integrator in the Middle East, IST now offers Entersekt's Transakt technology to banks and other enterprise...

September 22, 2020 African and Eastern European Translations Increase as UK Businesses Expand Outside EU

New data suggests a surge in UK business growth in territories such as Africa and Eastern Europe, with business materials being translated into languages such as Zulu, Afrikaans, Serbian and Macedonian at least 2,000 per cent more than three years...

Join our newsletter.

Gain Access To Exclusive Content

Stay Updated With The Latest News

It's Free To Subscribe

By signing up, you agree to receive marketing emails.

Join our newsletter box - side image
Trusted by the best teams around the world