BAKU, Azerbaijan, Dec.12
Trend:
Within the ‘Entrepreneurship Support Map’ program of Kazakhstan, 2 projects for deep oil refining is planned to be implemented in the Ordabasy district of the Turkestan region, Trend reports citing regional akimat (administrative center).
These projects have no analogies in the country.
“One of them is ‘Standart Petroleum & Co’ LLP with an investment value of 95 billion tenge. With the launch of this partnership, more than 800 new jobs will be created. The heads of the enterprises plan not only to produce RON-92, RON-95 gasoline marks, but also such products as benzene, toluene, acid, low-pressure polyethylene, naphthalene, through deep oil refining. The plant will also produce 35 MW of electricity per hour,” the agency stated.
‘Standard Resource LLP’ is engaged in the production of phenol, naphthalene, anthracene oil, fuel oil. The plant is capable of processing up to 30,000 tons of coal per year. Here 60 citizens will be provided with permanent jobs. Investments in the amount of 1.5 billion tenge were attracted to the project.
The main contractor for these projects is the 'ETN Cyclone' company.