Papercut’s acquisition of a 60% stake in Enavra strengthens Qatar’s push toward sustainable manufacturing by accelerating local bio-plastic innovation aligned with Qatar National Vision 2030.
Papercut, Qatar’s leading sustainable packaging manufacturer and a long-standing
partner of Qatar Development Bank (QDB), has officially acquired 60% of Enavra, a pioneering local company specialising in advanced bio-plastic materials.
This strategic acquisition represents a significant step forward in Papercut’s mission to accelerate sustainable packaging solutions in alignment with Qatar National Vision 2030, particularly its pillars of environmental development, resource efficiency, and building a circular, knowledge-driven economy.
The announcement was made during the ROWAD Entrepreneurship Conference at the Doha Exhibition and Convention Centre (DECC) on Monday, where both companies confirmed that the partnership aligns with Qatar’s ambition to become a regional leader in green innovation.
The Founder of Enbat Group and Papercut, Ghanim Al Sulaiti, said the deal followed “an acquisition that has been in the making for the past one year and a half. This acquisition is a very strategic acquisition because we are really collaborating with a manufacturer that’s going to complement everything we do at Papercut.”
He explained that working alongside a specialised bio-plastic manufacturer will accelerate Papercut’s mission to deliver advanced, eco-friendly packaging that matches both operational efficiency and market affordability.
He explained that the bio-plastic sector represents one of the most promising future markets and expressed confidence in its potential to reshape regional packaging standards.
“We believe that the future of packaging starts with bio-plastic materials that are sustainable, compostable, biodegradable, and durable,” he said, adding that demand for such materials continues to increase and is expected to grow rapidly over the coming decade. Al Sulaiti stressed his expectation that the partnership will lead to new product solutions that will benefit both restaurants and businesses across Qatar and beyond.
The CEO and Founder of Enavra, Saoud Al Emadi, said the announcement “marks an important milestone for Enavra. Our partnership with Papercut is more than an acquisition; it is a shared commitment to building the future of sustainable materials in Qatar. Since the beginning, Enavra was created to offer locally developed bio-plastic solutions that reduce reliance on traditional plastics and support a cleaner, more conscious way of producing and consuming.”
Al Emadi explained that joining Papercut will allow Enavra to scale its ambitions further, noting that this growth trajectory would not have been achievable alone. He praised Papercut’s industry experience, infrastructure and leadership in sustainable packaging, saying these strengths will “accelerate our growth, expand our research capabilities, and enable us to bring high-performance bio-plastic products to the market faster.”
He added that with the support of Qatar Development Bank and the country’s expanding innovation ecosystem, both companies are ready to enter a new chapter focused on advancing national manufacturing and establishing Qatar as a regional benchmark in sustainable material technology.
Through this partnership, Papercut and Enavra aim to deliver long-term solutions that support a circular economy, reduce waste, expand local production, and create a competitive bio-plastic ecosystem that places Qatar at the forefront of sustainable manufacturing in the region.
