Zultec Group Signs JV with Linpac
LINPAC and ZULTE Group announce cooperation to establish state-of-the-art PET thermoforming facility to supply the Middle East food packaging industry
Jeddah – August 30, 2015 – Zultec Group, the leading industrial and food processing and packaging company, has today announced a new cooperation with Linpac, leading global fresh food packaging supplier to continue providing innovative materials to the fresh produce packaging industry.
The companies will establish thermoforming operations in Jeddah to supply LINPAC branded rigid and flexible packaging materials, dedicated to serving food processors and retailers in fresh meat and poultry in the Saudi Arabia, GCC and neighbouring countries.
ZULTEC Group is a multi-faceted conglomerate with 21 locations worldwide and has over 30 years experience in the integrated supply of Engineering & I.T Solutions, along with a strong footprint in manufacturing and distributing End-of-the-line Packaging Solutions & Packaging Materials.
Daniel Dayan, LINPAC Chairman and CEO said: ”We are delighted to formalise our relationship with the ZULTEC Group. ZULTEC has a long history of serving the Middle East food industry and has a deep local knowledge, which when complemented by the LINPAC packaging portfolio and intellectual property, creates a powerful opportunity for both companies. We aim to continue to invest and develop the relationship by establishing further extrusion and thermoforming capabilities in the region as the business grows.”
Haider A. Khan, ZULTEC Group COO stated: “Through this union we aim to be closer to our customers and adapt to their needs, allowing us to be the strategic long term leader in the region.”
Zulqiurnain Ali Khan, ZULTEC Group President and CEO also commented: “We hope to add value to the Saudi economy through this cooperation by bringing world-class standard packaging solutions to the food industry, while creating employment & providing training to Saudis.”