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Pultron Composites, through its Dubai subsidiary Mateenbar, secured a memorandum of understanding with Saudi Aramco to supply glass fibre-reinforced polymer rebar. The deal is valued at 93.75 million riyals (NZ$38.9 million) and includes setting up a 103,000 sq ft manufacturing facility in Dammam, Saudi Arabia.
“This would be the biggest deal in the company's history.”nzherald.co.nz
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