“With the launch of the plant granulation plant capacity has increased from 30 thousand to 80 thousand tons of polypropylene per year”, – said General Director of LLP “Company Neftekhim LTD” Yerlan KOSANOV, whose words are included in the message.
According to the DBK, the construction of the granulation plant transformer substation was the second stage of the investment project, initiated LLP “Company Neftekhim LTD” in 2013 with commissioning of the complex for production of polypropylene bags. The total cost of the project amounted to KZT5. 5 billion, about 24% of the necessary funds was submitted to the BRC for up to 10 years. New closed loop production covers all the five phases of redistribution of products from the processing of LPG to the production of granulated polypropylene and polypropylene bags. Production line is equipped with high-tech German equipment and research laboratory.
As noted in the Bank, the company “Neftehim” there is an opportunity to expand the range of manufactured products. Currently the technologists working at the factory the lab working on a variety of issue non-flammable polypropylene and polypropylene with the addition of rubber. Development to expand the range of polypropylene products focused on the needs of domestic enterprises for the production of disposable tableware, clothing, and automotive components. In the future, the company “Neftehim” plans to increase the share of supplies in the domestic market to 50% of the total volume of manufactured products. Today up to 90% granular polypropylene exported to Russia, China, Ukraine and Turkey.
Overall, according to the BRC, as at 25 June 2015, under a long-term funding of the manufacturing industry at the expense of the first and second tranches of the National Fund (KZT100 billion) allocated by the JSC “Development Bank of Kazakhstan”, approved 44 projects totaling more than KZT50 billion, actually funded 28 projects totaling more than T28. 8 billion. On the first tranche of the national Fund (KZT50 bn) commercial banks, which DBK previously entered into the relevant loan agreement, approved 22 projects in manufacturing industry, the amount T28 billion 186 million, started funding of 18 projects in the amount of KZT18 billion 426 million Under the second tranche of the national Fund (KZT50 billion) second tier banks approved 22 projects for a total of KZT22 bn 620 million, which began funding 10 projects for a total of KZT10 billion 326 million