Kazakhstan building new major PP production facility

Richard Higgs
EUROPEAN PLASTICS NEWS

Published: May 6, 2014 9:51 am ET
Updated: May 6, 2014 9:54 am ET

Related to this story

Topics Materials, Materials Suppliers, Europe

Kazakhstan is set to construct a major petrochemicals complex in the Atyrau region that is designed to produce up to 800,000 metric tons of polypropylene per year starting in 2016.

The 4.5 billion euro ($6.2 billion) project was ordered by the Kazakh government to increase the productive use of associated petroleum gas, much of it currently flared off.  The complex will be located close to one of Kazakhstan’s main oil fields, Tengiz, which will become the site’s key feedstock source, according to the country’s state owned oil producer KazMunaiGaz.

Due for completion in 2016, the first two stages of the complex will demand seven billion cubic meters per year of feedstock gas and have a 500,000 million metric ton per year propylene capacity as well as the polypropylene, according to Raushan Sarmurzina, executive secretary of KazMunaiGaz’s Council on Science and Technology.

A third complex stage, planned for 2016, is set to produce butadiene using feedstock from two other major Kazakh oil fields,  Karachaganak in the country’s north west and Kashagan field in the Caspian Sea. But this phase may not be finished till 2018 because of start up delays at Kashagan, she told the CIS Oil and Gas summit in Paris.

Meanwhile, the South Korean petrochemical firm LG Chem is also said to be planning to build an ethylene production plant in Atyrau. The company will construct it along with two Kazakh firms and production is also due to begin in 2016.


Comments

Kazakhstan building new major PP production facility

Richard Higgs
EUROPEAN PLASTICS NEWS

Published: May 6, 2014 9:51 am ET
Updated: May 6, 2014 9:54 am ET

Post Your Comments


Back to story


More stories

Image

Dow reaches agreement with Third Point

November 21, 2014 9:11 am ET

Dow Chemical Co. has reached an agreement with the investment firm that has been trying to force the company to sell off some assets.More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

Image

UK plastics firms target customers in Mexico and Central America

November 20, 2014 4:31 pm ET

The British Plastics Federation is stepping up its interest in Latin American markets, as evidenced by its debut appearance at the Plastimagen México ...    More

Image

PET film maker Evertis expanding production in Mexico, Brazil, Portugal

November 20, 2014 2:52 pm ET

Evertis, a PET film maker, is expanding production at plants in Mexico, Brazil and Portugal, the company said.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events