EuroChem launches Phase III of Kazakhstan investment project

Date:05-15-2024

On 14 May 2024, in Astana, EuroChem has signed an agreement with China National Chemical Engineering Co. (CNCEC) for the design, construction and commissioning of a chemical complex in Janatas, Jambyl Region, Kazakhstan. CNCEC is a global provider of industrial engineering technologies with 70 years of experience in constructing petrochemical facilities.

The combined total investment to date and planned CAPEX will exceed over US$1bn, and the project is included in the Integrated Kazakhstan Industrialization Roadmap.

During Phase I, a phosphate mining complex was built and commissioned. As part of Phase II, a contract has been signed and the Company has started construction of a sulfuric acid facility to be commissioned in 2026. Following the realization of Phase III, in 2027, the Group will launch a chemical complex.

″The total annual output will exceed 1 million tonnes of mineral fertilizers and associated industrial products. The products from the new complex will be in high demand in Kazakhstan, other Central Asian countries, as well as in China, Russia and European countries″, said EuroChem Group President, Oleg Shiryaev.

The new plant’s unique technology will enable it to avoid phosphogypsum waste, common in such operations, replacing it with eco-friendly synthetic gypsum and calcium chloride – by-products used in construction materials and as reagents for the road construction, coal and hydrocarbon industries.