Sidi Kerir Petrochemicals Company, along with two other firms, is setting up a petrochemical plant to produce 460,000 tons of ethylene annually. Sidi Kerir will have a 20% stake in the joint venture which is expected to cost around US$1.18 billion. The project is anticipated to be completed within three years. Sidi Kerir is a producer of linear low density polyethylene (LLDPE) and high density polyethylene (HDPE).