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

Sabic: Rapid demand growth led to Ultem shortage

December 18, 2014 12:06 pm ET

Sabic Innovative Plastics has been increasing production capacity for its Ultem polyetherimide but it still got caught short by increasing demand for ...    More

Image

Europe puts its 'Circular Economy' recycling effort on hold, for now

December 18, 2014 12:28 pm ET

The European Commission has withdrawn its Circular Economy initiative from its 2015 work program, and will instead replace it with “a new, more ...    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Sweden's Indutrade buys Belgian packaging firm Verbeek

December 18, 2014 9:42 am ET

Sweden's Indutrade AB has purchased all the shares in Belgium's Verbeeck Packaging Group.    More

Image

Röchling buys two UK firms

December 18, 2014 9:24 am ET

Germany's Röchling Engineering Plastics SE & Co. KG has expanded its presence in the high-performance plastics market by acquiring two British firms &...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

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