P&G Hygienic Papers Capture 42% of Egyptian Paper Exports

Procter and Gamble (P&G), Cincinnati, Ohio, USA, has captured 42% of Egypt’s paper products exports between January-November 2015. to register 999.5 million Egyptian pounds ($127.7 million) worth of hygienic papers, according to an article by Customs Today newspaper, Pakistan, this past week. Based on a report released by Chemical Export Council (CEC), Egypt, P&G has topped the list of paper products exporters since its exports have reached108.7 million pounds during November 2015.

The report showed that Egypt’s exports of paper products declined by 8% in 2015 to record 2.8 billion Egyptian pounds, from 3 billion in 2014.

Coming in the second position, Interstate Paper Industries Co. captured 456.4 million pounds worth of paper exports in 2015, followed by Al Sendian for Paper Industry that got exports of 218 .2 million pounds.

Mintra-Misr for Industry and Trade ranked fourth with exports worth 173.6 million pounds by the end of November 2015, while El Bardi Paper Mill Co. (Fine) was in the fifth place with 119 million pounds worth of exports.

Hayat Egypt Hygienic Products S.A.E came sixth with exports estimated at 95.3 million pounds, then the Mediterranean Tissue Mill whose exports recorded 85.3 million pounds.

According to the report, Turkey was the largest importer of Egypt’s paper products in 2015 with 1.7 billion pounds, seizing 30%. Following Turkey, Saudi Arabia imports of Egyptian paper products hit 695 million pounds, followed by Belgium (606.9 million) and Iraq (520.7 million pounds).