- General assembly member
- Membership category: Producers: Fertilizer and Raw Materials: Ordinary Member
- General manager: Mr. Miloude Louhichi
- Website: asmidal-dz.com
- Country: Algeria
Mr. Miloude Louhichi
Actually, the National Company of Fertilizer, ASMIDAL, is a Holding company. It was created in 1984 after the reorganization of SONATRACH, with main mission to promote and develop the sector of fertilizer by producing chemical fertilizer and ammonia. In December 1996, it became a stock company (SPA) with a capital 5941 000 000 DA entirely held by the State. The Company had two production complexes of phosphate and nitrogenous fertilizer and ammonia with the necessary packaging installations and utilities. As a result of the economic reforms in Algeria, and the opening of its capital, ASMIDAL’s new mission is the management of a set of portfolios of actions, participations and other transferable securities. ASMIDAL manages today: • A portfolio of participations of the three companies issued from the reorganization of its original activity, the production and the marketing of: • 34% of FERTIAL (after absorption of the subsidiary ALZOFERT) whose capital is 17697000 000 DA after the acquisition of holdings by the group VILLAR MIR in July 2005. This company is specialized in the production phosphate and nitrogenous fertilizer and ammonia, • 45% of KIMIAL whose capital is of 490 000 000 DA after the acquisition of holdings by ALKIMIA in April 2006. This company is specialized in the production of the STPP (input for the detergent producers), • 45% of SOMIAS whose capital is of 70 000 000 DA after the acquisition of holdings by International WOOD GROOP HOLDINGS in May 2006. This company is specialized in industrial maintenance, • 20% of the capital of the Guarding Company - SGS. Annaba, • 17% of the capital of the Higher Institute of Management of Annaba- ISGA. • A subsidiary company at 100%: • ASFERTRADE SPA, with a capital of 51 million DA. This company is specialized in packaging and marketing fertilizer and other agricultural needs. ASMIDAL with three decades of experience has become an industrial group leader in the Algerian agriculture and an inescapable partner in the development of chemical fertilizer, ammonia and its byproducts. With its experience, ASMIDAL, no longer in control of its subsidiary companies, has nevertheless important capacities of knowhow and financial resources that it is necessary to reinvest in crenels in synergy with its profession, namely: • Investment in partnership in new projects of production of ammonia and by-products, in chemical fertilizer. • Diversification of its business portfolio in order to make profitable placements and to minimize inherent risk-management.