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Algeria (9)


ALGERIA

Saipem Awarded Fertilizer Export Terminal Contract in Algeria
Saipem (Milan) has been awarded a contract worth about €200 million ($265 million) to build a marine export terminal for Sonatrach (Algiers). The terminal, which will be built near Arzew, Algeria, will handle export of urea and ammonia...

Total Begins to Prequalify Contractors for Algeria Complex
A 51-49 joint venture between Total Petrochemicals and Sonatrach (Algiers) plans to award technology and design contracts in the second half of this year for a previously announced $3-billion petrochemical...

Total-Sonatrach Petchem JV Delayed by Two Years
Completion of a previously announced $3-billion petrochemical joint venture between Total Petrochemicals and Sonatrach (Algiers) has been delayed by two years until 2014, CW has learned (CW, July 25, 2007, p. 17). Total has a 51% stake in the jv at Arzew...

Uhde Awarded Huge Fertilizer Contract in Algeria
Uhde says it has been awarded a contract worth €1 billion ($1.47 billion) by Sorfert Algérie (Algiers) to build a previously announced fertilizer complex at Arzew, Algeria (CW, April 28, p. 21). Sorfert, a 51-49 joint venture between Orascom...

Israel Chemicals Second-Quarter Profits Soar
Israel Chemicals Ltd. (ICL; Tel Aviv) has reported a 445% increase in net profits to $703.2 million for the second quarter ended June 30. And sales for the period increased by 116% to $2.07 billion. The rise in sales was driven by ICL Fertilizers business...

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