Oil-well cement plant launched in Kazakhstan

An oil-well cement plant is set to be launched in Kyzylorda region in December as part of the Industrial and Innovative Development Program. This isa joint Kazakh-Chinese enterprise that will export to Uzbekistan, Kyrgyzstan and Turkmenistan.

The cement plant will cost approximately TZT66bn (US$1177.4m) and have a capacity of 1Mta. TOil well cement is in high demand during construction works in oil and gas, as well as nuclear and space industries. The enterprise extracts sand, dolomite, lime and gravel in Shieli district of Kzakhstan.

The volume of imported construction supplies in the region will significantly drop due to the implementation of the project. Moreover, new products are expected to reduce the price of cement in the domestic market.