Italian engineering company wins $1.1 bn contract to build petrochemical plant in Algeria

Italian engineering group MAIRE says its Tecnimont unit has clinched a $1.1 billion contract for the construction of a petrochemical plant in Algeria's Skikda industrial zone, according to Reuters. The facility, commissioned by Sonatrach, Algeria’s state-owned oil and gas company, will produce linear alkyl benzene (LAB), a crucial ingredient in household and industrial detergents. In a statement MAIRE said the plant is slated for completion within 44 months from the contract's effective date.