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Kazakhstan|economy|December 27, 2019 / 01:51 PM
EuroChem invests $1 billion in construction of mineral fertilizer plant in Zhambyl region

AKIPRESS.COM - Prime Minister of Kazakhstan Askar Mamin made a working trip to Zhambyl region to check the implementation of the State Program for Industrial and Innovative Development, the press service of the PM reports.

In the city of Zhanatas, Sarysu region, in the presence of the head of government between the Ministry of Industry and Infrastructure Development, the administration of Zhambyl Region and one of the world's leading producers of mineral fertilizers — EuroChem MCC JSC — an investment agreement was signed on the construction and operation of a plant for the production of mineral fertilizers.

The volume of investments in the project will be about $1 billion, the plant’s capacity is 1 million tons of fertilizers per year. The resource base will be the deposits of the phosphorite basin of the Karatau. The production technology will produce high-quality phosphate and complex fertilizers with minimal environmental impact — without phosphogypsum waste.

About 120 thousand tons of calcium chloride and at least 400 thousand tons of gypsum dihydrate per year will be produced, which will meet the needs of the road, oil and gas, construction and agricultural industries.

The company is scheduled to be commissioned in 2021, about 2,000 new jobs will be created.


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