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Alujain Corporation and Beaulieu International Group signed a Memorandum of Understanding for a strategic joint venture in Saudi Arabia to produce synthetic fibres and non-wovens, expanding Alujain's existing GEONATPET activities in Yanbu. The partnership is subject to regulatory approval.
“This strategic investment reflects Beaulieu’s long-term commitment to expanding and strengthening our core capabilities while developing a truly global manufacturing platform.”pressreleasefinder.com
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