BAKU, Azerbaijan, Jan. 31
By Nargiz Sadikhova - Trend:
An innovative investment project for utilization of rice husk worth 500 million tenge ($1.3 million) of investments will be implemented in Kazakhstan’s Almaty region, Trend reports with reference to KAZAKH INVEST National company.
The corresponding agreement was signed by the representatives of KAZAKH INVEST and Kazakh Biocarbon LLP. The annual production capacity of the venture is expected to be over 2,000 tons of energy fuel briquettes.
“We have developed an integrated technological process enabling to process rice husk into energy fuel briquettes encompassing a wide range of applications. They can be used for ferroalloys and metallurgical silicon production, for food preparation in roasters instead of wood as well as in various heating systems,” - said Project Manager at Biocarbon LLP Bulat Bektemissov.
The company also plans to expand its business in Kyzylorda region by building an industrial base for recycling and processing up to 100,000 tons of rice husk annually. In the long term, the company considers selling a patent in the form of a long-term license to interested companies from rice-growing regions globally.
As part of the investment project support, KAZAKH INVEST will assist in obtaining the necessary documents and permits, negotiating with interested companies and securing government support measures, including product exports to the foreign markets.
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