Kazakhstan's KazAzot Plans $1.3 Billion in New Investments

Researched by Industrial Info Resources (Sugar Land, Texas)--KazAzot JSC (Aktau, Kazakhstan), the largest producer of ammonia and ammonium nitrate in Kazakhstan, plans to invest more than US$1.3 billion in the construction of new production units.

These projects will have the advantage of relatively cheap natural gas, since the company owns a gas production facility and has seaport access.

Also, the company could find a new market in the European Union, as a result of the potential departure of Russian producers from that market due to the Ukraine conflict.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of related projects and here for KazAzot's Aktau plant profile.

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