# Pultron Composites signs deal with Saudi Aramco for GFRP rebar supply

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.

- Type: Contract
- Announced: 2019-12-02
- Where: Dammam, Eastern Province, Saudi Arabia
- Value: $25.0M (38.9M NZD)
- Status: announced
- Capacity: 103,000 square foot facility
- Products: glass fibre-reinforced polymer rebar
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Saudi Aramco](https://endata.com/companies/304.md) (customer)
- [Pultron Composites](https://endata.com/companies/43668.md) (supplier)
- [Mateenbar](https://endata.com/companies/43669.md) (supplier)

## Sources

- [nzherald.co.nz](https://www.nzherald.co.nz/business/gisbornes-pultron-secures-deal-with-oil-giant-saudi-aramco/PCE2YV4T5DWWUI5LDI3TEUU2WI/?c_id=3&objectid=12290287), 2019-12-02: "This would be the biggest deal in the company's history."

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