Kazakhstan to increase ferrosilicon export

Business Materials 25 July 2019 14:54 (UTC +04:00)

Baku, Azerbaijan, July 25

By Nargiz Sadikhova - Trend:

New ferroalloy plant was launched in Kazakhstan’s Karaganda region, Trend reports with reference to press office of prime minister of Kazakhstan.

Prime Minister Askar Mamin took part in the opening ceremony of the plant and noted the importance of a high-tech enterprise for further socio-economic development of the region. Thus, a feature of the project is the introduction of the latest technological developments of the production cycle in the framework of the Industry 4.0 program.

“At the first stage, the company plans to produce 180,000 tons of fully export-oriented products per year,” the report said.

“In the future, it is planned to increase production output to 240,000 tons annually. Also the complex of gas cleaning systems and the use of electric energy instead of coal almost completely neutralize harmful emissions into the atmosphere and minimize the negative impact on environment," Mamin noted.

The main volume of ferrosilicon will be supplied to Russia, Turkey, South Korea, the US and the countries of the European Union. In this case, the share of Kazakh content in the production will be more than 94 percent.

During the plant construction phase, more than one and 1,500 new jobs were created. During the period of operation, 350 permanent jobs will be opened with an increase in their number to 550 during the implementation of the second stage.


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