Nowaeco
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Making a Sustainable
Future a Reality

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ROOTED IN TURKMENISTAN

A REMINDER OF WHO WE ARE

Nowaeco is Turkmenistan’s only fully vertically integrated producer and supplier of sustainable pulp, paper, corrugated board, and packaging solutions. It plays a vital role in the national economy by serving a wide range of local and international industries.

Each year, Nowaeco recovers and repurposes over 30,000 tons of agricultural residue and waste paper—materials that would otherwise be burned or buried in landfills. Instead, these resources are transformed into innovative, recyclable packaging solutions that support a more sustainable supply chain.

By combining environmental responsibility with advanced processing, the company actively reduces ecological impact. Nowaeco continues to lead the transition toward a circular, low-waste economy, guided by principles of efficiency, innovation, and long-term sustainability.

Circular model: collection, recycling, paper, products, use and waste

OUR ACHIEVEMENTS

Responsible production.
Continuous progress.

ISO 9001 certification

Certification

Our history includes an SGS audit and ISO 9001 certification in 2020.

Research and development

Research & development

Investment in machinery, technologies and people supports continuous improvement.

Quality control

Quality control

A testing laboratory helps measure and monitor product quality and strength.

Social responsibility

Social responsibility

Our commitment extends to education, our community and the quality of the products we deliver.

GEOGRAPHICAL PRESENCE

Turkmenistan map showing production plants and paper collection points

GLOBAL SALES CHANNEL

World map showing customers, manufacturing sites and representative offices

HISTORY AND MILESTONES

1999

Company founded as a sole proprietorship, marking the beginning of its operations.

1999

Simple packaging operations launched in Ashgabat, marking the company’s initial entry into the packaging sector.

2005

Production relocated to larger premises in Buzmeyin, enabling increased output of cartons using imported paper.

2008

Acquired by the current sponsors and established as Toprak Economic Society, the company introduced the NowaPack brand and invested in its first corrugator. Sales expanded beyond the textile sector into packaging and labeling for manufacturers of juices, confectionery, and other consumer goods.

2010

Investment in advanced automated folding and gluing machines, financed by the European Bank for Reconstruction and Development (EBRD), to expand the product range and significantly improve the quality and efficiency of carton production.

2012

Cardboard box preparation and finishing facility opened in Mary, expanding the company’s regional production capabilities.

2014/2015

Planning and construction of the Owadandepe paper mill, the second major investment financed by the European Bank for Reconstruction and Development (EBRD). The project included recycled paper production facilities, wastepaper collection and storage infrastructure, and administrative buildings.

2016

Production began at Owadandepe, enabling the first in-house paper supply to the Buzmeyin corrugator. A newly established workshop for printed products contributed to a significant increase in revenue.

2019

First exports of in-house paper from Owadandepe, marking the company’s entry into international markets.

2020

NowaPack rebranded as Nowaeco, highlighting the company’s commitment to sustainability and the environmental value of its products made from recycled wastepaper.

2020

Successfully audited by SGS and awarded the ISO 9001 certification, confirming the company’s commitment to quality management standards.

2021

Opened its first international branch in the United Kingdom, establishing a direct presence to serve the UK and wider European markets.

2022

Acquisition of Yashlyk Paper Mill, the largest in Central Asia, marked a major expansion. Production of high-quality pulp and paper from cotton waste began, reinforcing the company’s commitment to sustainable and resource-efficient manufacturing.

2022

Expanded into global markets with the export of cotton-based pulp and paper, highlighting Nowaeco’s growing international reach.

2023

Acquired advanced pulp-making equipment from the United Kingdom’s foremost security paper producer — a key advancement in Nowaeco’s ongoing capacity and technology upgrade strategy.

2025

Investment in the Yashlyk Paper Mill, financed by the Islamic Development Bank, focused on enhancing production quality and operational efficiency through targeted technological upgrades.