Production of Kazakhstan's phosphate fertilizers decreases
Baku, Azerbaijan, Feb. 19
By Rashid Shirinov – Trend:
Kazakhstan produced 140,700 tons of phosphate fertilizers in 2018, which is 15 percent less than a year earlier, Trend reports via EnergyProm.kz.
Despite the noticeable decline, domestic production met 99.9 percent of the country’s demand in the first 11 months of 2018.
Almost 88 percent of all phosphate fertilizers were produced in the Zhambyl region: 123,300 tons, 14.6 percent down year-on-year.
The region is home to Kazphosphate LLC, the largest chemical industry enterprise of the country. The main activities of the company are geological exploration, mining and processing of phosphate rock, production and sale of yellow phosphorus and its derivatives, and production of mineral-based finished industrial products.
It should be noted that the production of Kazphosphate in 2018 in money amounted to 112.3 billion tenge, and in 2019 it is planned to increase production to 137.3 billion tenge.
The company plans to increase the production of phosphate fertilizers to 1 million tons by 2020 in order to completely meet the needs of the domestic market and increase exports.
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