EuroChem invests $1 billion in mineral fertilizer plant construction in Kazakhstan
NUR-SULTAN (TCA) — Kazakhstan’s Prime Minister Askar Mamin made a working trip to the country’s Zhambyl province on December 26. In the city of Zhanatas, in Sarysu district, in the presence of the head of government, the Kazakh Ministry of Industry and Infrastructure Development, the Akimat (administration) of Zhambyl province and EuroChem MCC JSC, one of the world's leading producers of mineral fertilizers, signed an investment agreement on the construction and operation of a plant for the production of mineral fertilizers, the prime minister’s press service reported. The volume of investments in the project will be about US $1 billion, the plant’s capacity will be one million tons of fertilizers per year. The resource base will be the deposits of the phosphorite basin of the Karatau in Kazakhstan. The plant’s 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 by the new plant, which will meet the needs of the road, oil and gas, construction and agricultural industries. The plant is scheduled to be commissioned in 2021, and about 2,000 new jobs will be created.
