VOL. XXXVII

NO. 41

11-JULY-1994

Algeria

Algerian Helium Plant Goes On Stream

Algeria's first helium plant went on stream in June, according to the stateoil company Sonatrach. Helios, the firm that owns and operates the plant, wasestablished in April 1990 (MEES, 23 April 1990) as a joint venture betweenSonatrach, which owns 51%, and Air Products and Chemicals Inc. (APC) of the USand Air Liquide SA of France. In March 1993, the International FinanceCorporation (IFC) extended a $10mn loan towards...