France’s TotalEnergies has pulled out of Algeria’s highest-profile downstream JV, set up five years ago to build a 550,000 ton/year polypropylene plant at the port of Arzew.

Algerian state firm Sonatrach originally announced the STEP (Sonatrach Total Entreprise Polymeres) JV with the French major back in 2018 (MEES, 18 May 2018). (CONTINUED - 416 WORDS)