ICD provides $20M financing to API for non-woven fabrics line in Jordan

The Islamic Corporation for the Development of the Private Sector extended a $20 million medium-term Islamic finance facility to Applied Plastic Industries Company to finance capital expenditure for advanced Spunlace equipment, enabling a new production line and expansion of manufacturing capacity in Jordan.

“The facility will finance capital expenditure for advanced Spunlace equipment, enabling API to establish a new production line and expand its manufacturing capacity.”tradearabia.com

• 1 source
• tradearabia.comICD extends $20m financing to non-woven fabrics firm in JordanAMMANMar 9, 2018

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