Kazakhstan to Open Its Largest Polypropylene Plant in 2021

BUSINESS TURKMENISTAN
Kazakhstan to Open Its Largest Polypropylene Plant in 2021
The $2.6 billion plant is being constructed in Kazakhstan’s western region of Atyrau. (Photo: Kazakhstan Petrochemical Industries Inc.)

Kazakhstan’s largest polypropylene plant is slated to come online in the third quarter of 2021, Caspiannews reported with reference to a project operator Kazakhstan Petrochemical Industries Inc. (KPI) as saying last week.

The KPI is targeting production of 500,000 tons of polypropylene per annum at the plant, of which 10 % will be set aside for Kazakhstan. This would make it among the largest polypropylene producers in the world, according to the report.

The bulk of plant output will be exported to Western and Central Europe, Turkey, China and some CIS countries. Once launched, the plant is expected to add up to 230 billion tenge or $548.6 million per year to Kazakhstan’s economy.

“Our task is to saturate the market of Kazakhstan with a cheap high-quality product,” said Denis Kozyrev, Deputy Chairman of the Board for Technology and Production at KPI, according to a report by Kazakhtan’s Informburo.

"First, we will start with the simple ones and will produce 11 grades of polypropylene,” Kozyrev continued. “But, our production can produce 64 grades of polypropylene differing in their properties, for the widest interest of consumers.”

Tengizchevroil, the operator of Kazakhstan’s giant Tengiz oil field, will supply raw materials for the plant.

The $2.6 billion plant is being constructed in Kazakhstan’s western region of Atyrau, known for its petroleum.

Polypropylene is the primary material used in the production of packaging materials, textiles, stationery, automotive parts, electronic and electrical appliances and many other types of consumer goods and assemblies.