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Greif shuts down Saudi Arabia plant

June 28, 2014 12:17 pm

Global industrial packaging products and services provider, Greif has decided to shut down its operations at its Flexible Products & Services (FPS) plant in Saudi Arabia by August 31 and reallocate equipment to other Greif FPS facilities. Greif FPS was set up in 2010 as a joint venture between Greif and National Scientific Company Limited (NSC). “The decision to shift operations is part of a normal restructuring that will advance the joint venture’s long-term business goals and better serve our target markets and needs of strategic customers,” said Dano Lister, Division President, Greif FPS.