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Ceramic Crucible Market Size 2021 with a CAGR of 2 4% , Research by Business Opportunities, Top Companies data report covers, Globally Market-specific challenges, new opportunities planning and Forecast to 2025

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Zhongyu Gas bucking the trend in 2020 with a low-carbon economy conducive to future growth

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Steel pole maker Mestron plans to venture into Covid-19 vaccine distribution

KUALA LUMPUR (Jan 29): Mestron Holdings Bhd is the latest company to propose venturing into the Covid-19 vaccine distribution business. The steel pole maker said it has inked a Heads of Agreement (HOA) with China-based Zhongyu Yexing (Chengdu) Industrial Co Ltd to distribute the Covid-19 vaccine in Malaysia. In a statement, Mestron said it expects to invest up to RM20 million for this business venture, which will be funded via internally-generated funds, bank loans and proceeds from a private placement. Zhongyu is part of the Sino Pharma Group of Companies, and is one of the authorised distributors for Sinopharm’s China National Biotech Group Covid-19 vaccine.

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