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6.
Construction of integrated chemical complex will be implemented in phases:
Phase I project will ensure the production of polypropylene of 500 thousand tons / year
Phase II - 800 thousand tons of polyethylene per year
Construction of major facilities and infrastructure phase I project will be carried out by borrowing the Export-Import Bank of China, a Memorandum of Understanding was signed on Dec. 12, 2009 between the Export-Import Bank of China and JSC "Development Bank of Kazakhstan"
General contractor of the phase I project on a turnkey basis chosen company «Sinopec Engineering» (China), which in March 2010 signed a contract that is being developed PDS and the construction of road from Atyrau to Karabatan
To implement Phase II Project polyethylene lines are considered possible sources of funding. In plans to create joint venture on a parity basis With the Korean company LG Chem (50/50)
Slide 5
7. The modernization of Atyrau refinery launched an investment project "Construction of the production of aromatic hydrocarbons in the Atyrau Refinery to produce high-quality oil. Relevant international standards Euro 3, 4, and petrochemicals - benzene in the amount of 133 thousand tons / year of paraxylene - 496 tons / year
In October 2009, EPC contract was signed between the LLP Atyrau Refinery and the Chinese company «Sinopec Engineering» for the construction of "turnkey" complex.
Funding for the project will be carried out by borrowing the Export-Import Bank of China. General contractor Chinese company «Sinopec Engineering» July 30, 2010 between JSC "Development Bank of Kazakhstan and Atyrau refinery signed a general loan agreement for financing the project Signed an agreement of intent purchase paraxylene with a Chinese company «GUPC» Slide 6
8. In Mangistau region will be implemented the investment project "Construction of the plant for the production of bitumen at Aktau plastics plant" in the amount of 420 thousand tons by the processing of heavy oil Karazhanbas
To implement the project Kazakh company JSC "Kazakhstan Petrochemisal Industries» and Chinese corporation «CITIC Group» on parity basically create JV - LLP "JV«CASPI BITUM»
Funding for construction will be done by borrowing the loan Chinese «Bank of China Grand Cayman Branch», according to the signed 28 September 2010, Beijing (China) loan agreement between the project operator LLP PO «CASPI BITUM» and «Bank of China Grand Cayman Branch »
For the construction of the plant on a turnkey basis "created a consortium of contractors from the Kazakh company JSC" NSCC KazStroyService and Chinese LLP «CITIC Construction» Slide 7
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