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Kazakhstan plants to build 16 new chemical plants

Business Materials 30 January 2017 17:07 (UTC +04:00)

Baku, Azerbaijan, Jan. 30
By Elena Kosolapova - Trend:
As much as 16 high-tech chemical plants will be built in the Special Economic Zone “Chemical park Taraz” located in Zhambyl region in southern Kazakhstan, the website of Zhambyl region’s authorities said.

The consolidated capacity of these plants will reach 2 million tons of products a year. The plants will be launched stage by stage. The first plant is scheduled to be commissioned in 2018.
It is expected that over 27 billion tenge (328 tenge = $1) will be invested in the project, which will create 2,000 new jobs.

The new plants will produce high-quality caustic soda, chlorine, glyphosate, ammonia, polyethylene, pesticides, hydrogen peroxide and other chemical products. Currently Kazakhstan does not produce these products or produce them in small quantities.

The Special Economic Zone is located next to a railway line, main road and high-voltage lines. Nearby Tasotkelskiy reservoir will provide water for future plants.
Singapore Jurong consulting company, which has successfully implemented more than 140 projects around the world, will consult Kazakhstan in this project.

Follow the author on Twitter: @E_Kosolapova

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