he project involves the construction of a complex in the industrial zone of Ceyhan, Adana Province, Turkey. Sonatrach will hold a 34% stake in the project, while Ronesans will hold 66%.
The total investment in the project is estimated at $1.7 billion, with the plant's production capacity reaching 450,000 tons of polypropylene annually. The feedstock, approximately 550,000 tons of propane per year, will be supplied by the Algerian company.
Algeria is building another polypropylene complex on its own territory, located in the city of Arzew.
The cost of this project is estimated at $1.5 billion, with Petrofac, an international oilfield services company, as its partner. Once completed, the plant will produce 550,000 tons of polypropylene annually.
Algeria's annual polypropylene demand is estimated at 120,000 tons, of which 80,000 tons are imported. Through these petrochemical projects, Algeria aims to meet its domestic polypropylene needs and export the surplus production.
Source: Official Channel of the Russian Trade Mission in Algeria
The total investment in the project is estimated at $1.7 billion, with the plant's production capacity reaching 450,000 tons of polypropylene annually. The feedstock, approximately 550,000 tons of propane per year, will be supplied by the Algerian company.
Algeria is building another polypropylene complex on its own territory, located in the city of Arzew.
The cost of this project is estimated at $1.5 billion, with Petrofac, an international oilfield services company, as its partner. Once completed, the plant will produce 550,000 tons of polypropylene annually.
Algeria's annual polypropylene demand is estimated at 120,000 tons, of which 80,000 tons are imported. Through these petrochemical projects, Algeria aims to meet its domestic polypropylene needs and export the surplus production.
Source: Official Channel of the Russian Trade Mission in Algeria
