# Alujain and Beaulieu Fibres International form JV to expand polypropylene fibre production in Saudi Arabia

Alujain Corporation signed a joint venture agreement with Beaulieu Fibres International (BFI) to expand polypropylene fibre and nonwoven production in Saudi Arabia. BFI will invest SAR89 million ($23.7 million) in Alujain's subsidiary IRIC for a 50% stake, and the partners plan to increase capacity to 88,000 tonnes per annum with additional capex of SAR330 million ($86.5 million).

- Type: Partnership
- Announced: 2018-03-09
- Where: Yanbu Industrial City, Saudi Arabia
- Value: $86.5M (330.0M SAR)
- Status: announced
- Capacity: 88,000 metric tonnes per annum
- Products: polypropylene fibres, nonwoven products, synthetic fibres
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Beaulieu Fibres International](https://endata.com/companies/23049.md) (partner)
- [Alujain Corporation](https://endata.com/companies/30599.md) (partner)
- [Infrastructure Reinforcement Industrial Company](https://endata.com/companies/30634.md) (target)

## Sources

- [tradearabia.com](https://tradearabia.com/News/465407/Saudi-petchem-Alujain-signs-polypropylene-fibre-JV-with-Belgian-group), 2018-03-09: "The joint venture forms part of Alujain's broader petrochemicals expansion in Yanbu Industrial City, where the company is developing a propane dehydrogenation and polypropylene project following feedstock allocation approval from Saudi Arabia's Ministry of Energy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.