ASTANA (TCA) — LG Chem, South Korea’s largest chemical company, said it has decided to scrap a plan to jointly build a $4.2 billion petrochemical plant in Kazakhstan due to the continued slump in global oil prices, The Korea Times reported late in January.
ASTANA (TCA) — Investors from China support the idea of construction of Kazakhstan’s fourth oil refinery in the western Mangistau province, Novosti-Kazakhstan news agency reported citing Mangistau province Governor Alik Aidarbayev.
ASTANA (TCA) — Assets worth 588 billion tenge (around US $1.6 billion) had been legalized during the ongoing property legalization campaign in Kazakhstan as of end-January 2016, Novosti-Kazakhstan news agency reported citing Finance Minister Bakyt Sultanov.
BISHKEK (TCA) — The decision of the European Union to grant GSP+ status to the Kyrgyz Republic opens up new potential of economic relations between the two partners and offers opportunities for Kyrgyzstan to increase and diversify its export and strengthen its economy, the European Union’s Delegation to the Kyrgyz Republic said on February 2.
TASHKENT (TCA) — Production of potassium sulfate will be organized at the Navoi Electrochemical Plant in Uzbekistan, Novosti Uzbekistana news agency reported.
BISHKEK (TCA) — Gulnur Januzakova from the village of Kurbu in Kyrgyzstan’s Issyk-Kul province delivers valerian roots grown in her garden to Germany. She started growing this medicinal herb on an area of 100 square meters and received a first harvest of 280 kilograms. She expects to gather the same harvest this year.
