Kazakhstan to build first urea plant worth over 800 bln tenge
Kazakhstan will build its first ammonia–urea plant in Aktau, with an investment exceeding 804.2 billion tenge, Qazinform News Agency reports citing the Government’s press service.
The Kazakh Industry and Construction Ministry and KazAzot PRIME signed an investment agreement on the construction of the ammonia–urea complex in Mangistau region.
Its commissioning is scheduled for 2030.
About 1,500 jobs will be generated during the plant construction and 700 permanent jobs after launch.
The plant will annually produce 660,000 tons of ammonia, 580,000 tons of urea and 500,000 tons of ammonium nitrate.
Urea is a widely used nitrogen fertilizer, currently imported into Kazakhstan.
The plant will reduce import dependence, supply domestic farmers, and strengthen export potential.
Currently, the only domestic nitrogen fertilizer producer is KazAzot.
To note, KazESTA and KMG PetroChem, jointly with CNPC-Aktobemunaigas, plan to develop two more urea projects.
By 2030, Kazakhstan’s ammonia production capacity is projected to reach 2.3 million tons, ensuring self-sufficiency and export growth.
It should be noted, Brazil eyes greater fertilizer supply from Kazakhstan.
