Port News & Information Mediterranean, Black & Caspian Seas

Petronac to build petrochemical plant in Arzew industrial zone

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Algiers, Algeria (PortSEurope) June 12, 2023 – Petrofac and China Huanqiu Contracting & Engineering Corporation (HQC), have been conditionally awarded a contract to build a petrochemical plant in the Arzew industrial zone. The client is STEP Polymers SPA, a subsidiary of Sonatrach, the state-owned energy company. The total contract value is around $1.5 billion, with…

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