Alkimia Faces Ongoing Competitiveness Crisis
The competitiveness crisis continues to weigh heavily on Alkimia. In the first half of 2026, the Tunisian chemical products manufacturer saw its turnover decline by 39% compared to the same period in 2025, a direct consequence of production costs that have become too high to remain competitive in the markets.
Activity Indicators Show Deterioration
The activity indicators published on the Tunis Stock Exchange website show a decline in production. The production of sodium tripolyphosphate (STPP) was limited to 6,450 tonnes at the end of June 2026, compared to 8,790 tonnes a year earlier, a decrease of more than 55%. According to the company, the high price of phosphoric acid, its main raw material, supplied by the Tunisian Chemical Group, is the cause.
Critical Situation for MAP Crystallized Unit
The situation is even more critical for the MAP crystallized unit, which has been shut down since October 2025 and has recorded no production during the first six months of 2026. A year earlier, this activity had generated 5,692 tonnes. Alkimia explains this suspension by the surge in phosphoric acid and ammonia prices, which makes production economically unviable.
Contraction of Activity Impacts Sales
This contraction of activity has naturally had an impact on sales. With manufacturing costs deemed incompatible with market prices, the company has sold fewer volumes, which explains the decline in its semi-annual turnover.
Investments to Improve Industrial Efficiency
In this difficult context, Alkimia is nonetheless pursuing certain investments aimed at improving its industrial efficiency. The company has notably put into service, in January 2026, a new 4 MW gas cogeneration engine, installed by Clarke Energy as part of an operating contract covering 60,000 hours of operation.
