VOL. XLII

No 46

15-November-1999

ALGERIA

Sonatrach And BASF Set Up Propylene Joint Venture In Spain

Algeria痴 Sonatrach and Germany痴 BASF signed in Algiers on6 November an agreement establishing a joint venture company, Propanchem SA,which will build and operate a propane dehydrogenation plant at BASF痴Tarragona site in Spain for the production of 350,000 tons/year of propylene.The two companies had signed a letter of intent for the project in 1997 (MEES,28 July 1997). The plant is expected to...