National Petrochemical Industrial Company (Natpet), a subsidiary of Alujain Corp has entered into a 50:50 joint venture agreement with A Schulman of the US to produce polypropylene compounds. Likely tto be named Natpet-Schulman Engineering Plastic Compounds, the plant is likely to locate in Yanbu and expected to begin production by the end of calendar-year 2014.
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Monday, June 18, 2012
Natpet in JV with Schulman to produce PP compounds
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