An integrated gas chemical
complex is set to be built in Kazakhstan. The plan is to produce approximately
22 grades of polyethylene using U.S. technologies, with 40 percent of them
being of premium quality. These products will have applications in both
industrial sectors and daily life. The world’s most in-demand polymer is also
intended for export to foreign markets, including the CIS countries, China, Türkiye,
and European states. Today, Kazakh Prime Minister Olzhas Bektenov discussed the
construction of the complex with the leaders of major global oil and gas
chemical companies, namely Sinopec and Sibur. The plant is slated to be built
in the territory of a special economic zone by 2029. To implement the project,
plans also include the construction of a gas separation complex at the Tengiz
field and a main pipeline. The Polyethylene project will give an impetus to the
development of the processing industry, with its contribution to the country's
GDP estimated to exceed one percent.
“A priority for Kazakhstan is the
establishment of high value-added production within the country. The time when
we were selling raw materials is passing irreversibly. We are specifically
interested in high-tech industries with high added value and will fully support
such projects. One of them is our joint Polyethylene project. An important
aspect I would like to highlight today is the local content in the project. The
government is ready to provide all necessary support. We expect our partners to
pay close attention to Kazakhstan’s content in the project,” said Bektenov.
Web-editor: Aizhan
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