MEA | Middle East CEO of the Year Awards 2024 6 Jul23190 Nov24070 Most Innovative Climate Tech CEO 2024: Nivine Hachem Based in Beirut, Lebanon, Paltic is a leading company designing innovative solutions that address two critical global challenges: plastic waste management and sustainable material production. At the very forefront of climate technology and sustainable design, Paltic is helmed by CEO and Co-Founder Nivine Hachem, a distinguished social entrepreneur making waves in the industry. Following Nivine’s recent recognition in the Middle East CEO of the Year Awards 2024, we catch up with her to learn more about her fight for change. Paltic, founded in 2021 by Nivine Hachem and Hala Al-Naamani, is currently leading the change in sustainability throughout Lebanon. The company focuses on creating bespoke, high quality materials from recycled plastics, tailored for interior and exterior design applications. With the aim of empowering communities to adopt sustainable solutions, Paltic’s panels serve as sustainable alternatives to wood, marble, and terrazzo, representing durability, versatility, and aesthetic appeal. The story of Paltic began in July 2018, with the serendipitous meeting of Co-Founders Nivine and Hala whilst on a volunteering trip in Ghana. When the pair realised their shared passion for creating a global change, they took a risk and joined forces to begin their journey in social entrepreneurship. Before founding Paltic, Nivine spent several years at Ernst & Young as Senior External Auditor and at Philip Morris International, in various senior roles. Nivine tells us that her journey to becoming the CEO of Paltic has been shaped by a combination of extensive corporate experience, entrepreneurial drive, and a deep commitment to sustainability. Her previous roles at both Ernst & Young and Philip Morris International equipped her with a solid foundation in business strategy, operational efficiency, and financial acumen that has enabled her to succeed in the establishment of Paltic. “In 2019, I took a leap of faith by leaving the corporate world to co-found Paltic, driven by a desire to merge my professional expertise with my passion for social impact,” Nivine reflects. “I envisioned Paltic as more than just a business; it is a movement to promote circular economy principles, empower marginalised communities, and reduce environmental deterioration. “Coming from a corporate background, I had no experience in plastics, operations, or sustainability, but I embraced the challenge and learned everything we needed. On a technical level, it is a constant learning process. On the business side, my corporate background enables me to strategize, set clear goals, ensure financial sustainability, and position Paltic as a global leader in sustainable materials and technology. Every step, from corporate roles to grassroots initiatives, has prepared me to lead Paltic with purpose and resilience.” As the CEO of Paltic, Nivine’s leadership style is described as collaborative, transparent, and mission-driven, with a strong emphasis placed on empowerment, knowledge sharing, and continuous learning. Nivine strives to lead by example and works to foster a culture in which everyone feels empowered to contribute towards the team’s shared vision. To ensure alignment, Nivine consistently communicates Paltic’s vision and links it to the team’s day-today operations. “I prioritise knowledge sharing, encouraging the team to learn from each other and grow together,” she says. “I focus on clear goals, open communication, and regular feedback, ensuring everyone understands their role in achieving Paltic’s mission. By celebrating progress and maintaining transparency, I keep the team motivated and connected to the bigger picture, creating a sense of purpose and shared responsibility.” In regard to the bigger picture, Nivine tells us that she is focused on positioning Paltic as a leading brand in sustainable materials within the MENA region, with plans for global expansion on the horizon. For now, the company’s immediate priority is to solidify its presence within the UAE, which is quickly becoming a key hub for sustainability and green technologies. In the new year, the company will be launching new sustainable product lines, enhancing its manufacturing capabilities, and strengthening supplier relationships to ensure consistent supply and quality. As for Nivine’s personal development, she tells us that she plans to build upon her current success and continue expanding her leadership capabilities and industry knowledge. In addition to deepening her expertise in sustainability and green technologies, Nivine will be focusing on mentoring students on sustainable practices and real-world challenges through the company’s partnership with Columbia University’s Social Entrepreneurship class. This partnership allows Nivine to spread her knowledge and opens possibilities for future partnerships that will further strengthen Paltic’s impact across the globe. “My goal is to continue driving Paltic’s mission forward through innovation, collaboration, and sustainable growth,” she concludes, “ensuring our products and initiatives leave a lasting positive impact on both the environment and society.” Contact: Nivine Hachem Web Address: https://palticstudio.com/
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