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December 23, 2024 | 9 months ago
Holding Algeria Chemical Specialities (ACS): An ambitious development plan
Holding Algeria Chemical Specialities (ACS) confirms its role as a driving force in Algerian industrial development, with sales of 30 billion dinars in 2023 and an ambitious target of 40 billion dinars in 2027.
This significant performance testifies to the success of the company's strategic development plan. In an interview with El Moudjahid, ACS Communications Director Yasmina Toubal pointed out that the company wants to establish itself on the African continent, particularly in Senegal, to market its cutting-edge products. Specializing in the production and processing of chemical products, ACS has demonstrated remarkable industrial performance and a strong commitment to expansion. Its strategic development aims to conquer local and African markets, thus anchoring the company at the heart of the Algerian economic boom. This ambitious plan, reflected in a series of recently announced strategic agreements and partnerships, aims to "strengthen Algerian industry and stimulate job creation". One of the pillars of this strategy is the signing, on December 20, of a major agreement with the Senegalese group Procurement Management Consulting Engineering (PMCE). This partnership aims to extend ACS's presence in West Africa, by marketing its products and developing a paint and detergent production unit. This initiative marks a strong commitment to African expansion," she added. Likewise, ACS is committed to supporting the Algerian automotive industry. On December 10, an agreement was signed with the Italian company SIGIT, a plastic and rubber body parts specialist. Last Monday, ACS took another crucial step forward by signing three framework agreements with MADAR Holding, Société nationale de sidérurgie (SNS) and Holding des industries mécaniques (AGM). These strategic partnerships pave the way for major new investment projects, consolidating ACS's position as a key player in the Algerian economy. ACS's ambitions also extend to modernizing the glass, paper, plastics and rubber industries, with a potential investment of 10 billion dinars. This ambitious program testifies to ACS's forward-looking vision and commitment to building a flourishing industrial future.
December 23, 2024 | 
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