EuroChem launches one of the largest sulfuric acid plants in Kazakhstan
The Company has put into operation a sulfuric acid production plant in the Zhambyl Region of the Republic of Kazakhstan. The facility ranks among the largest of its kind in the country with an annual design capacity of 800,000 tonnes. The plant’s products will be used both for the EuroChem’s chemical complex under construction and to meet the needs of the domestic market in Kazakhstan.
The launch of the plant is Phase II of EuroChem’s large-scale investment project in Kazakhstan. In Phase I, the Company launched a phosphate ore mining and processing complex with an annual capacity of 840,000 tonnes. The final Phase III will be the launch in 2027 of a chemical complex for the production of mineral fertilizers and industrial products. Total investments exceed $1 billion, while total annual output upon completion of all Phases will be more than 1 million tonnes.
The project is being implemented under the Unified Industrialization Map of Kazakhstan.
"The project is fully aligned with the strategic goals set by the President of the Republic of Kazakhstan to develop the manufacturing industry, diversify the economy and ensure the country’s economic self-sufficiency. The launch of high-tech production facilities serves as a prime example of strengthened industrial cooperation and strategic partnership between our nations. I am confident that once the project reaches it’s full capacity, it will make a substantial contribution to the economic development of Kazakhstan",Yersaiyn NagaspayevMinister of Industry and Construction of the Republic of Kazakhstan
Following the completion of all Phases, the Zhambyl Region will have one of the few full-cycle chemical production facilities in the world, where raw material extraction, processing and production of finished goods are integrated into a single production chain.
The complex’s products will be in demand not only in Kazakhstan but also across other countries in Central Asia, China and European markets.
"The project implements state-of-the-art high-tech solutions that guarantee quality and safety. EuroChem intends to continue investing in the development of its production facilities and strengthening its partnership with the agro-industrial complex of Kazakhstan"Igor GeorgiadiCEO of EuroChem Karatau
The project is significantly important for the social and economic development of the region. Total tax revenues to the budget of Kazakhstan have already reached approximately 70 billion tenge during the implementation of the project. Upon completion of all Phases, over 1,200 jobs will be created within the Company, with at least an equal number in related service and logistics organizations. Since 2012, EuroChem has invested approximately $29 million in the development of social infrastructure of the Zhambyl Region, including renovations of residential buildings, schools, healthcare facilities and urban infrastructure.