Queenex Hygiene Paper Manufacturing LLC
In 2005, International Investment Bank acquired an indirect equity stake in Queenex Hygiene Paper Manufacturing LLC, a paper mill company established in the UAE to produce paper rolls that will be used as raw material by tissue paper-converting factories in the Middle East. The company has started its commercial operations in April 2012. The plant has state-of-art machinery that can produce, solely or combination, virgin pulp and de-inking (recycled) rolls with designable production capacity of 32,000 MT/Annum and exports products to Kuwait, Oman, Saudi Arabia, South Africa and small amount to the UK.