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Astana, Kazakhstan • 10 November, 2022 | 16:04

Singaporean Petrochemical Company Plans to Open Production in Zhambyl Region

The products will be distributed on the domestic market and in neighboring countries

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The transnational petrochemical company INDORAMA CORPORATION plans to open a production of simple superphosphate and phosphoric acid in the Zhambyl Region, QazMonitor reports citing KAZAKH INVEST.

Singaporean company with an annual turnover of $25 billion has successfully implemented a number of projects in Uzbekistan worth $600. They now consider Kazakhstan as an attractive market for investments.

During the meeting with the Kazakh side, the company’s representatives discussed plans for the plant’s construction and the distribution of products on the domestic market and in neighboring countries. Currently, the Singaporean company is developing a feasibility study of the investment project and discussing the allocation of the enterprise’s production site.

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