Fine Hygienic Holding

Fine Hygienic Holding (Arabic: مجموعة فاين القابضة‎, abbreviated FHH), is a wellness company with dual headquarters in Amman, Jordan and Dubai, UAE, founded in 1958 by Elia Nuqul.[1] Its current CEO is James Michael Lafferty. FHH mainly specializes in the production of personal care and hygienic products, including sterilized facial tissues, kitchen towels and toilet paper, baby and adult diapers, as well as natural, healthy beverages after obtaining a majority stake in the Arabian natural food and beverage brand, Nai Arabia Food Co, and a recent addition of personal protective equipment (PPE). FHH employs over 3,500 people of more than 30 different nationalities, operating in Jordan, Egypt, Saudi Arabia, the UAE, and Morocco, and serves over 80 markets across the Middle East, Africa, Europe, Asia, and the USA.

Fine Hygienic Holding
Native name
مجموعة فاين القابضة
FormerlyFine Hygienic Paper Company
TypeHolding Company
IndustryProductions: Hygienic Products
Founded1952 in Amman, Jordan
FounderElia Nuqul
HeadquartersAmman and Dubai
Area served
Middle East and North Africa primary; 75 countries globally
ProductsHygienic Products: sterilized facial tissues, kitchen towels and toilet paper, baby and adult diapers
BrandsFine®, Smile®, Lido®, etc.
ServicesMiddle East
OwnerElia Nuqul
Websitehttps://www.finehh.com

History

Origin

In 1952 Elia Nuqul, a Palestinian refugee, established Nuqul Brothers Company, a modest trade and import business for food and consumer goods. Nuqul went on to expand his original business into the production of hygienic paper products and founded Fine Hygienic Holding (formerly known as Fine Hygienic Paper Company) in 1958.[2]

Expansion

After its beginning in Jordan, the company opened a converting factory in Saudi Arabia, then Egypt, then the UAE, and in 1991 Fine Hygienic Holding opened its first paper mill in Egypt. Following this expansion, the company began to expand beyond the region to enter markets on an international scale in Europe, Asia and Africa.[3][4]

In 2015, Standard Chartered Private Equity acquired a minority stake in FHH, investing US$175 Million.[5][6][7][8] Then, in 2019, the long-standing senior leadership of Standard Chartered Private Equity formed a company called Affirma Capital which now owns that stake of FHH.

In 2019, FHH further expanded into the wellness industry, acquiring a major stake, in the Arabian natural food and beverage brand, Nai Arabia Food Co.[9]

Operations

FHH operates a total of 5 full-scale paper mills in Jordan, Egypt, and the UAE, with a total annual production of around 210,000 tons, as well as 5 converting factories in Jordan, Egypt, Morocco, SAUDI ARABIA and the UAE.[10]

FHH currently has 10 brands under which a range of hygienic goods and personal protective equipment are produced, including Fine®, Smile®, Lido® among others.

Awards

In 2019, FHH received three of the Global Gender Diversity and Leadership Excellence Awards at the annual Leonie Awards.

At the 2019 GCC Best Employer Brand Awards FHH was awarded Best Employer Brand and the award for promoting health in the Workplace. In that same year, FHH received the “Fitbit Award for Physical Activity” from Daman Corporate Health and Wellness, and FHH was the recipient of the Aon Hewitt Award in 2009 and 2014, classifying it among the top 15 employers in the Middle East.[11]

Environmental Record and Sustainability

Fine Hygienic Holding is an active participant and signatory to the United Nations Global Compact[12] and is committed to doing its part to implement socially and environmentally responsible business practices and offer open and transparent reporting on these efforts.

Products are made with eco-friendly, raw, 100% virgin tree pulp, which is provided by responsible suppliers that plant up to five trees for each tree used in the production process.

FHH reached its goal of zero landfill waste across all of its operations; as everything it disposes is sent to recycling facilities and reused for other manufacturing activities. FHH has reduced its hazardous waste to almost negligible amounts and is careful to ensure that even these small quantities are responsibly disposed of.

FHH achieved minimization of pulp, energy, and water consumption across all levels of operations. FHH treats and reuses wastewater by developing on-site treatment facilities through their water treatment project which was completed in 2018. 80% of wastewater from factory production is treated, with 35% being reused for production operations and the remainder donated to local agriculture.

In support of global efforts to reduce greenhouse gas (GHG) emissions, FHH has implemented a project that reduces CO2 and GHG emissions at facilities in Egypt. The project diversified sources of electricity generation, making the operation less reliant on grid-generated electricity, ultimately reducing CO2 emissions by an estimated 25,384 tons per year.

For FHH energy requirements, the company is committed to utilizing clean energy sources to reduce CO2 emissions wherever possible. Two factories in the Kingdom of Jordan are now supplied with natural gas from Egypt, reducing reliance on fossil fuels and decreasing CO2 emissions.

Corporate Social Responsibility

In 2007 FHH launched its flagship CSR program, Khair Al Koura,[13] which promotes sustainable socioeconomic development in Al-Kourah District of Jordan's Irbid Governorate. It is the first public – private partnership for a sustainable development program in Jordan and focuses on empowering women and providing them with a sustainable income. Beneficiaries are engaged in a variety of programs empowering them to pursue new income-generating opportunities such as the development of a chemical-free farming project, a food processing unit, a soap and candle manufacturing operation, and a country kitchen, which uses local produce to prepare fresh and healthy meals. Since its initial launch, the program has become completely self-sustaining and benefits the whole community there.

References
  1. East, Forbes Middle. "Boeing Plans To Invest $20 Million In Space Tourism Company Virgin Galactic". Forbes ME.
  2. "FHH Website > Who We Are". www.finehh.com.
  3. Jones, Geoffrey; Ghanem, Lana (August 4, 2012). "Elia Nuqul and the Making of a Middle Eastern Business Group (A)" – via www.hbs.edu. Cite journal requires |journal= (help)
  4. "Jordan's Fine eyes London IPO in 2021 as it looks to expand". The National.
  5. "StanChart-led group invests $175 mln to buy minority stake in Jordan's tissue maker FINE - Papnews". www.papnews.com.
  6. https://av.sc.com/ae/content/docs/Fine-PE-investment-English-Press-Release-Final.pdf
  7. Reuters Staff (May 12, 2015). "StanChart-led group invests $175 mln in Jordan tissue maker" – via www.reuters.com.
  8. Morris, Helen (May 20, 2015). "Private equity consortium takes minority stake in Nuqul's FINE Hygienic Holding".
  9. "Fine acquires 30% stake in Nai Arabia in wellness shift". The National.
  10. Reuters Staff (January 21, 2015). "UPDATE 1-Jordan's Nuqul to sell 25 pct stake in Fine Hygienic -sources" – via www.reuters.com.
  11. Breuleux, Christopher. "Awards and Recognitions".
  12. "Fine Hygienic Holding | UN Global Compact". www.unglobalcompact.org.
  13. "A Community with a Dream: A Look Inside Fine's Khair Al Koura Initiative". menafn.com.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.