1 Hr
Source:
المساء
Sonatrach to curb imports
Sonatrach is implementing four fully funded petrochemical projects. Three have entered the construction phase, while the fourth is in the final stage of studies. The projects aim to replace imports of materials such as methyl tert-butyl ether and alkylbenzene. Between 2010 and the end of 2025, Algeria imported 40 raw materials, with total imports reaching 38 million tonnes. Sonatrach is seeking to produce these materials locally and develop the plastics, rubber and tyre industries. The projects’ internal rates of return are estimated at more than 15%, and could reach 18%.
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