Investor Relations

GCS STRENGTHENS PRESENCE IN MIDDLE EAST

GLOBAL CLOSURE SYSTEMS JOINS FORCES WITH DUPLAS AL SHARQ TO STRENGTHEN PRESENCE IN MIDDLE EAST

  

April 30, 2015

 

UAE-based manufacturer becomes latest licensee partner of a world’s leading closures provider as it seeks to target developing markets in Gulf region

 

Global Closure Systems (GCS) has announced the signing of a new licensing agreement with Duplas Al Sharq LLC, a leading FMCG plastic packaging manufacturing company located in Jebel Ali, Dubai, United Arab Emirates.

 

Duplas, which specializes in high quality HDPE, PET, PP and PC bottles and closures, has a long track record of supplying multinational companies such as Elf, ENOC, Henkel, Reckitt Benckiser, Shell and Total in the Middle East region.

 

Under the agreement, Duplas will be able to sell a wide range of GCS standard closures as well as locally manufacture closures based on GCS technology to the Beverage, Food, Personal Care and Household markets within the fast-growing Gulf Co-operation Council economic area.

 

Mohammad Nofal, General Manager, Duplas Al Sharq stated: “We are delighted that a new licensee agreement with a prestigious and globally reputed company as GCS will enhance our local expertise with latest international technology.”

 

This is the 11th such agreement that GCS has secured with production partners across the world as it seeks to increase penetration of global markets in line with its sustainable growth strategy.

 

Jean-François Autret, Licensing Manager of GCS, said: “We are confident in the ability of Duplas Al Sharq to respond to the increasing demand for plastic closure solutions in the UAE and the wider Gulf region.

 

“This partnership will also be of significant value to GCS in serving major multinational customers who are increasingly searching for suppliers able to manufacture closures to consistently high quality levels across the globe.”

 

 

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