Algeria’s Sonatrach to sign deal for new propylene unit in Turkey
The joint project is expected to reduce Turkey’s propylene imports from China and strengthen Sonatrach’s international activities, as the company will be a 30%shareholder in the project and provide 450,000 tons/year of propane for the unit.
In August 2017, the Algerian company signed a memorandum of understanding with two Turkish companies, Ronesans Endustri, and Bayegan, to conduct a feasibility study on a proposed PDH project in Turkey.
Meanwhile, Sonatrach and Total signed a shareholder agreement to create a joint venture known as Sonatrach Total Entreprise Polymères (STEP) on October 7. The joint venture is expected to carry out a joint petrochemical project in Arzew, Algeria, which includes a PDH and a PP unit with a capacity of 550,000 tons/year.
The companies also announced that the front-end engineering and design (FEED) process of the new project is expected to start in November.
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