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Alujain Corp. signed a joint venture partnership agreement with Beaulieu Fibres International N.V., a subsidiary of Beaulieu International Group, to increase production capacity of advanced polypropylene fibres. BFI will take a 50% stake in Alujain's subsidiary Infrastructure Reinforcement Industrial Company (IRIC).
“Alujain announces the signing of a joint venture partnership agreement between Alujain and Beaulieu Fibres International N.V. to structurally increase our production capacity of advanced polypropylene fibres.”saudiexchange.sa
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