Algerian Radio
Holding Algeria Chemical Specialities (ACS) revealed this Sunday in the capital its aspiration to implement five projects.
This announcement came as the Director General of the Algerian Investment Promotion Agency (AAPI), Omar Rekkache, received a delegation from the aforementioned company.
The CEO of the group, Samir Yahiaoui, highlighted the main projects targeted for the future.
These involve the production of fiberglass, optical fibers, sodium carbonate, reverse osmosis membranes, and an ink production project.
Yahiaoui stated that the holding company "is working to find national or foreign partners in order to begin implementing these projects."
He expressed his hope to benefit from the support of the Algerian Investment Promotion Agency throughout the various stages of execution.
Yahiaoui provided a comprehensive presentation on the activities of the holding company, which comprises four industrial groups and seven public enterprises.
The groups operate in the fields of plastics, paper, glass, and detergents, in addition to para-pharmaceutical products.
For his part, Rekkache affirmed the agency's readiness to accompany ACS in realizing its investment projects by providing all the necessary facilities to support its progress.
Rekkache emphasized that the proposed projects represent "promising opportunities to develop the local production of raw materials used in vital industries."
He noted that these initiatives will strengthen national value chains and contribute to reducing reliance on imports.
He praised the efforts made by the group's management team to elevate the performance of this strategic group and enhance its contribution to the development of the chemical industries.
Rekkache stressed the importance of the chemical industries sector, considering it one of the priority strategic sectors for the national economy.
