Atyrau Refinery plans $790m Kazakh aromatics unit

28 March 2008 10:53  [Source: ICIS news]

MOSCOW (ICIS news)--Kazakhstan's Atyrau Refinery company plans to build aromatics production facilities at its premises in Atyrau at a cost of $790m (€498m), it said on Friday.

 

The new facilities, due on stream in 2012, would have a capacity of 500,000 tonnes/year of paraxylene (PX) and 130,000 tonnes/year of benzene, the company added.

 

Separately, the country’s state-owned oil and gas company KazMunaiGaz (KMG) had previously announced the construction of a new $5.2bn petrochemicals hub in Atyrau with a production capacity of 800,000 tonnes/year for polyethylene (PE) and 400,000 tonnes/year for polypropylene (PP).

 

Building had been due to start in 2007 but the project faced delays.

 

($1 = €0.63)

 

Please visit the complete ICIS plants and projects database

By: Sergei Blagov
+44 20 8652 3214

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