BAKU, Azerbaijan, July 29
By Nargiz Sadikhova - Trend:
Switzerland’s EuroChem Group AG operating in Kazakhstan’s Zhanatas city - EuroChem Karatau company - has produced a total of 296,438 tons of phosphorite flour in 1H2020, EuroChem representative told Trend.
The company has produced 149,905 tons of phosphorite flour in 1Q2020 and thus 2Q2020 output of phosphorite flour amounted to 146,533 tons.
In turn, EuroChem-Fertilizers company has extracted a total of 340,800 tons in 1H2020, which compared to 252,500 tons in 1H2019 indicates an increase of 35 percent.
The company’s ore extraction in Kazakhstan amounted to 164,400 tons in 1Q2019 and thus its 2Q2020 ore output amounted to 176,400 tons.
EuroChem Group AG is currently implementing a project for the launch of chemical complex for the production of high-quality fertilizers and related industrial products in Kazakhstan 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 technological feature of the chemical complex will allow the production of high-purity, concentrated phosphoric agrochemical products with high environmental performance indicators. The capacity will be 120,000 tons of calcium chloride and no less than 400,000 tons of gypsum dihydrate a year.
Total value of investments into the project are assessed to be $1 billion.
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