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Alujain Signs SAR 89M Joint Venture with Beaulieu Fibres
The petrochemical firm partners with the Belgian fiber maker to produce polypropylene yarns for carpets and industrial textiles in Saudi Arabia. Production is expected to start in 2026.
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Alujain Corp. signed a joint venture agreement with Beaulieu Fibres International N.V. on July 20, with a total investment of SAR 89 million (USD 23.7 million). The venture will produce polypropylene yarns for carpets and industrial textiles at a new plant in Yanbu Industrial City.
Alujain will hold 51% of the venture, Beaulieu the remaining 49%. The plant is designed with an annual capacity of 15,000 metric tons. Beaulieu will supply the technology and secure off-take arrangements, according to the filing.
“This partnership aligns with our strategy to expand downstream and add value,” Alujain CEO Mohammed Al-Mutlaq said in the statement. Commercial production is expected to start in 2026.
How this story was producedLast reviewed Jul 21, 2026
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.
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