VOL. XLI
No. 02
12-January-1998
ALGERIA
Sonatrach Subsidiaries Form Fertilizer Company With Spain'sFertiberia
Two subsidiaries of Algeria's state-owned hydrocarbon companySonatrach - Asmidal and Ferphos - have signed an agreement with the Spanish fertilizercompany Fertiberia covering the establishment of a new fertilizer company. Initialinvestment will amount to $500mn, of which Fertiberia will cover 60% and the remaining 40%will be provided by Asmidal and Ferphos. The company plans to produce...
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