Sector News

Versalis and Sonatrach sign MoU for chemical complex in Algeria

January 26, 2017
Chemical Value Chain

Versalis (Eni) and Sonatrach signed a Memorandum of Understanding in Algiers today.

The agreement is to carry out joint feasibility studies for an integrated petrochemical complex to be built in Algeria.

The agreement follows the cooperation agreement signed by Eni and Sonatrach last November and provides for the terms of a study aiming at enhancing hydrocarbons with value-added petrochemical products through the development, in Algeria, of one or a few world-scale industrial petrochemical facilities.

This agreement represents an opportunity for Versalis to collaborate with an integrated oil corporation, to which the Italian chemical producer will offer its industrial experience in managing large petrochemical plants, and the access to its proprietary technologies, within the framework of strategic joint projects.

Source: Oil Review Africa

comments closed

Related News

January 22, 2023

Ineos to Acquire MBCC’s Admixtures Business

Chemical Value Chain

Ineos Enterprises has signed an agreement to buy MBCC Group’s admixture business from Sika. The deal is required by European antitrust regulators to approve Sika’s purchase of the MBCC Group, formerly BASF Construction Chemicals. The transaction is scheduled to complete in the first half of this year, subject to regulatory approvals.

January 22, 2023

Carbios and Novozymes strengthen partnership for PET bio-recycling

Chemical Value Chain

Carbios and Novozymes are entering an exclusive long-term global strategic partnership to ensure the production and supply of Carbios’ proprietary PET-degrading enzymes at an industrial scale. Together the companies will build the world’s first biological PET-recycling plant due to start production in 2025 in Longlaville, France, as well as Carbios’ future licensee customers.

January 22, 2023

Borealis adds crosslinked PE to circular portfolio

Chemical Value Chain

Pyrolysis process keeps difficult-to-recycle crosslinked polyethylene like XLPE and PE-X in the circular loop. Chemically recycled grades in the Borcycle™ C portfolio are ISCC PLUS certified according to the mass balance methodology. EverMinds™ approach provides innovative and viable solutions to recycling challenges in the Wire & Cable and Infrastructure industries.

How can we help you?

We're easy to reach