Key Facts

1) Construction of the integrated gas chemical complex in Atyrau oblast — First phase (polypropylene)

In February 2011, “Development Bank of Kazakhstan” JSC and “Eximbank” of China signed a loan agreement to finance the first phase of the project.

2) Construction of the integrated gas chemical complex in Atyrau oblast — Second phase (polyethylene)

In August 2011, during the official meeting of the President of the Republic of Kazakhstan Nursultan Nazarbayev with the President of the Republic of Korea Lee Myung-Bak about the joint implementation of the second phase of the project, the Kazakh and Korean sides signed the joint venture agreement.

Later in December, “LG Chem Ltd ” became another member of the project company for the second phase of the project.

3) Reconstruction of the sulfuric acid plant with the production capacity of 180 thousand tons per year in Stepnogorsk:

In August 2011, “JV SAP “Kazatomprom” and the Eurasian Bank of Development signed a loan agreement for financing the project

In November 2011, the general contractor was decided to be the “Building Corporation “Kulager” JSC.

In December 2011, the permission for construction works was obtained. The general contractor started to gather resources on the construction site of the project.

In 2011-2013, the Company has been executing management for the following projects:

2011

1. Construction of the integrated gas chemical complex in Atyrau oblast — First phase (Polypropylene);

  • a loan agreement is signed to finance the first phase of the project;
  • the design of infrastructure units is completed;
  • construction work on infrastructure is continued;
  • the designing of the main technological units and intra-site networks started;
  • the development of design and estimate documentation started.

2. Construction of the integrated gas chemical complex in Atyrau oblast — Second phase (polyethylene)

  • a strategic partner selection is decided — «LG Chem Ltd.«;
  • «LG Chem Ltd» joined the list of participants of the project company for the second phase of the project;
  • an update of the feasibility study is completed with a view to highlight the second phase of the project in technical and economic terms.

3. Reconstruction of the sulfuric acid plant with the production capacity of 180 000 tons per year in Akmola oblast (Stepnogorsk)

  • a loan agreement is signed for financing the project, the first tranche is received under the loan agreement;
  • the general contractor is decided for construction works;
  • a permission is obtained for construction and installation works;
  • the general contractor started gathering of resources on a construction site;
  • a commission contract is signed on the supply of sulfur between the UCC and «JV SAP Kazatomprom»;
  • a number of agreements are signed with clients on the supply of sulfuric acid.

4. Reconstruction of the suspension-flotation plant for the production of phosphate concentrate

  • the prior approval of «Development Bank of Kazakhstan» JSC is received for the financing scheme developed and proposed by the UCC;
  • the testing of the new process flow sheet provided always that the materials with Kazakhstani content and acceptable price will be applied;
  • demolition works and preparation of the project site continued.

2012

In March 2012, the Memorandum of Understanding is signed regarding the financing of the project “Construction of the integrated gas chemical complex in Atyrau oblast — Second Phase (polyethylene)” with the Korean export credit agencies (“K-SURE” and “K-EXIM”).

In March the UCC joined the list of members of the “KLPE” LLP (hereinafter -“KLPE” LLP) — the operator of the project “Construction of the integrated gas chemical complex in Atyrau oblast — Phase 2 (polyethylene)”;

In April the UCC acquired 51% of shares in the “KPI Inc.” LLP from the “E&P Kazmunaigas” JSC (since October 2009 — under the trust management of the Company);

In May, the agreement on cooperation in the management of chemical technoparks in the Republic of Kazakhstan is signed between the UCC and the company “Jurong International Holding Pte” (Singapore);

In May, the Memorandum on the scientific and technological cooperation and personnel training for chemical productions is signed with the Kazakh National University named after Al-Farabi.

In June, the strategy of Innovation and Technology Development of the Company until 2020 is adopted;

In July, the specialized engineering company “UCC Engineering” LLP is established;

In September, the results of the feasibility study on the “Production of glyphosate (herbicide),” “Production of caustic soda and chlorine” and “Production of phosphorus trichloride” were approved;

In September, the UCC joined the list of participants of the “Polymer Production” LLP — the operator of the production of polymer products in Atyrau oblast;

In November, the Decree of the President of Kazakhstan Nursultan Nazarbayev has established the SEZ “Chemical Park “Taraz”;

In December, “HIM-plus” LLP as the operator of the projects on production of phosphorus trichloride, caustic soda, chlorine and glyphosate was established.

SUBSIDIARIES
  • TOO "Karabatan Utility Solutions"
  • ТОО «KLPE» (КейЭлПиИ)
  • ТОО "Kazakhstan Petrochemical Industries Inc."
  • Polymer Production
  • ТОО «СП СКЗ КАЗАТОМПРОМ»!
  •  «ХИМ-плюс»
  • ТОО «СЭЗ. Химический парк Тараз»