Nylex, Berhad, Malaysia has signed a five-year contract of US $25 million with Nylex Corp Pty Ltd (NCPL) to provide synthetic leather.
NCPL is a sub-division of the Australian company, Nylex Ltd. that is a chief supplier of industrial products.
The deal is expected to earn profits for Nylex within next five years. Nylex Ltd is a major producer and dealer of films, fabrics, materials handling and automotives in Australia.
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