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Mondi Paper Bags acquired two paper bag production lines from Helwan Cement Company and InterCement Sacs in Egypt, increasing capacity by 60-80 million bags annually, and signed exclusive long-term supply agreements with both cement producers.
“We are excited to have signed long-term supply agreements with two of our biggest customers in Egypt further securing our position in the Middle Eastern market.”industryhq.com
Summarized from public sources; check the original articles before acting on it.