Algeria, China Sign $7 Billion Tebessa Fertiliser Production Deal
Two Algerian companies along with two Chinese companies signed a Shareholders’ Pact for the creation of a joint-stock company under Algerian law to begin preliminary activities relating to the development of an integrated phosphates project (PPI). Algerian companies include Asmidal, a subsidiary of Sonatrach (Hydra, Algeria), and Manal. The Chinese companies include Wuhuan Engineering Co. … Read more