Shuaiba Industrial Company K.S.C. (SIC) is a leading paper packaging manufacturer in the Middle East. With a base in Kuwait, SIC operates three more paper sack plants through Joint Ventures with cement companies.
SIC is a subsidiary of Al – Safwa Group Holding Company which is a well reputed investment company in the state of the Kuwait. Shuaiba Industrial Company is listed in the Kuwait Stock Exchange, and has a paid-up capital of (KD) 5.06m (approx USD 17.9m) and a market capitalization of KD 16m (approx USD 56.7m). SIC has been going strong in the paper bags business, for the past 28 years and is rated as one of the largest paper bags/sacks producer in the Middle East and