SOURCE: Industrial Info Resources

July 18, 2007 04:28 ET

Algeria Putting $12 Billion Into Petrochem Added Value Drive, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - July 18, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas). Algeria is planning to make major investments in petrochemicals projects, which will be fed by a rapidly expanding output of oil and natural gas. The strategy aims to diversify and add downstream value to the range of products the country produces based on the feed of its extensive reserves of hydrocarbon resources.

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