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Constitution of Bahia Fertilizer Plant

Source: www.gulfoilandgas.com 10/21/2008, Location: Africa

The incorporation of the Bahia Fertilizer, a company created jointly by Fertiberia and Sonatrach and the participation of the first amounts to 51%, was held at the headquarters of Sonatrach in Oran, on October 15. The event was chaired by M. Abdehafi Feghouli, vice president of Sonatrach, and D. Juan Miguel Villar Mir and D. Francisco de la Riva representing Fertiberia.

The purpose of the new company is building what will be the largest ammonia plant in the world with a production capacity of 3,300 tons / day, whose fate will be exported to and sold directly to end customers. The construction of the new plant, whose investment amounts to 1,000 million dollars, and will feature the most sophisticated and innovative technologies, will be located in the industrial zone of Arzew, near Oran.

The constitution of the Bahia Fertilizer falls within the Partnership Agreement signed on 2 June between Fertiberia and Sonatrach, in a ceremony presided by the Algerian Minister of Energy and Mines and current OPEC president, Chakib Khelil. That agreement provided for the creation of two joint ventures, a Joint Venture Fertilizer Production-The-Bay, (JVP) and a Joint Venture Commercial (JVC), which also will be owned 51%, 49% for Sonatrach, Fertiberia respectively.

This new project is part of the Fertiberia policy for international expansion. Fertiberia, which in 2005 acquired 66% of the Algerian company Fertial, makes itself the second largest producer in Europe and first in the Mediterranean area.

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Related Categories: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Soda Ash  Sodium Hypochloride  Water Treating 

Related Articles: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Sodium Hypochloride  Water Treating 


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