Baladna partners with Inter Plastic to procure packaging material

The MoC was signed by Piet Hilarides, Chief Executive Officer, and Sheikh Hamad Thamer Mohammed Jassim Al Thani, Chairman of Inter Plastic.

* Partnership underscores Baladna’s commitment to promoting and strengthening local supply chains and in country value * In country value is a key objective for Baladna as it increases value to the company's shareholders Baladna Q.P.S.C signed a memorandum of cooperation (MoC) with Inter Plastic, one of the leading plastic packaging factories in Qatar, to supply plastic packaging material. The agreement aims to enable Baladna to procure high-quality plastic packaging solutions that meet international standards and are locally manufactured. The MoC was signed by Piet Hilarides, Chief Executive Officer, and Sheikh Hamad Thamer Mohammed Jassim Al Thani, Chairman of Inter Plastic. The signing ceremony held at Baladna premises in Al Khour on Thursday, 3 March 2022, in the presence of executives from both companies. The partnership is in line with Baladna's ongoing commitment to contributing to greater economic and industrial integration and interdependence between Qatari companies. The company places importance on economic multipliers such as the collaboration with the local manufacturer to increase in-country value. Commenting on the memorandum, Piet Hilarides, Chief Executive Officer, said: “As a company that contributes to achieving food self-sufficiency in Qatar, Baladna has a keen focus on promoting the development of local content and strengthening local supply chains. Our strategic supply chain programme relies on procurement of raw materials and services from local suppliers that meet quality and safety standards. We hope that our partnership with Inter Plastic will help us further these objectives.” For his part, Sheikh Hamad Thamer Mohammed Jassim Al Thani, Chairman of Inter Plastic, said: “We are pleased to collaborate with Baladna and support its efforts contributing to a self-reliant food sector in Qatar. Through our products that are designed at the highest quality and production efficiency, we will contribute to our partner’s successes.” In country value is a key objective for Baladna as it increases value to the company's shareholders.