# Souakri Group to build carbon fiber and cement fiber factories in Algeria

Souakri Group signed an agreement with China to establish two factories in Algeria: one for carbon fiber with annual capacity of 5 million square meters, and one for cement fiber sheets with annual capacity of 5 million square meters.

- Type: New facility
- Announced: 2023-07-21
- Where: Algeria
- Status: announced
- Capacity: 5 million square meters per year (carbon fiber), 5 million square meters per year (cement fiber sheets)
- Products: carbon fiber sheets, cement fiber sheets
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Souakri Group](https://endata.com/companies/28024.md)

## Sources

- [dzair-tube.dz](https://www.dzair-tube.dz/en/souakri-group-in-partnership-with-china-a-milestone-for-algerian-construction-industry/), 2023-07-21: "The factories will produce carbon fiber and cement fiber sheets, adding to Algeria’s expertise in building materials and cement derivatives."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.