HOTPACK GLOBAL SIGNS TERMINAL AGREEMENT WITH DP WORLD
Dubai, United Arab Emirates, Aug 22, 2021: Hotpack Global, the world’s leading manufacturer of disposable food packaging products, has signed a terminal agreement with DP World, UAE Region, expanding the export capacity for its products through the Jebel Ali Port.
The agreement was signed at Hotpack’s head office in Dubai Investment Park by Mr. PB Abdul Jebbar, Group Managing Director, Hotpack Global and Mr. Shahab Al Jassmi, Commercial Director, Ports and Terminals, DP World - UAE Region.
Hotpack Global has a group turnover of AED 950 million and a presence in 27 locations in 12 countries across the Middle East, UK and a chain of networks in the Gulf and African regions. The company’s sales centres are present across the seven emirates in the UAE, as well as in other G.C.C. countries.
In the last two years, the company exported products worth AED700 million at an estimated volume of 4,625 containers. Recently, the company was certified as a `Verified Exporter’ by Dubai Industries & Exports, the trade promotion entity of the Department of Economic Development (DED), which will enhance future international trade opportunities for the company.
PB Abdul Jebbar, Group Managing Director, Hotpack Global, said: “This agreement with DP World, UAE Region’s Jebel Ali Port comes in the context of Hotpack’s export push and expansion of its global market footprints. We are close to reaching a milestone in our export market reach. Our products will soon be available in 100 countries across the world from the current 95. The terminal agreement will help us consolidate our exports logistics to a single-point strategic gateway to the world. DP World’s extensive global network and vast experience in operating terminals worldwide add immense value and ease trade facilitation.”
Mr. Shahab Al Jassmi, Commercial Director, Ports and Terminals, DP World - UAE Region explained: “The Jebel Ali Port has underpinned the success of numerous packaging solutions companies including Hotpack Global. As the 12th largest port worldwide, the port has a capacity of 22.4 million TEU. Additionally, DP World’s global connectivity in over 40 countries, seamless services, and rapid turnaround time will boost the company’s growth and amplify their reach. We are confident that we will be able to help them realise their export growth strategy, thus, empowering them to contribute to the UAE’s Operation 300bn initiative and stimulate the national economy.”
Hotpack’s export growth was a result of the sustainable development of its manufacturing strengths owing to their fully automated, state-of-the-art factories, benchmarked at 4.0 industry standards. International quality accreditations and certifications have also ensured their success. Additionally, their investment in technology and innovation has helped the company stay ahead of its competitors, while its continued product expansion has supported reach to newer markets.