BAKU, Azerbaijan, May 6
By Nargiz Sadikhova - Trend:
The second stage of the project for the launch of chemical complex for the production of high-quality fertilizers and related industrial products with a capacity of one million tons is 80 percent ready in Kazakhstan, Trend reports with reference to Kazakhstan’s Ministry of Industry and infrastructural Development.
The process of selecting equipment suppliers and agreement signing for the supplies themselves is currently underway. The plant construction work is to be launched in 2021. The project is being implemented within the framework of the agreement signed with EuroChem Group AG on the construction of a plant for the production of mineral fertilizers and development of deposits in the Karatau phosphorite basin in Kazakhstan.
The resource base for the future complex will be the Karatau phosphorite basin deposits. The ministry said that the technological feature of the chemical complex will allow the production of high-purity, concentrated phosphoric agrochemical products with high environmental performance indicators. The complexes capacity will be 120,000 tons of calcium chloride and no less than 400,000 tons of gypsum dihydrate a year.
The EuroChem Group AG has already successfully implemented the first stage of the project, which oversees exploration and launch of deposits’ development, as well as the commissioning of a mining complex with a phosmuk production capacity of 640,000 tons per year.
Total value of investments into the project are assessed to be $1 billion.
The project’s implementation will give an impetus to the development of the agro-industrial complex, construction industry, oil and gas production, trade and SMEs, and will also contribute to improving food security, increasing import substitution and the country's export potential.
EuroChem Group AG is one of the world’s leading mineral fertilizer producers, delivering the full range of nutrients and driven by the world’s increasing need for food.
---
Follow the author on twitter: @nargiz_sadikh