The strategic goal of the company is to become an effective and highly profitable domestic producer of polypropylene and other gas processing and petrochemical products by 2021.
The project is included in the program “30 corporate leaders of Kazakhstan”, as well as a list of strategic investment projects approved by the Government of the Republic of Kazakhstan dated September 1, 2009 No.1293.
The construction of the Polypropylene Production Complex is the first step in the creation of a petrochemical cluster in the region with the subsequent receipt of high-tech basic products of the industry.
The project involves the use of state-of-the-art technologies for the deep processing of propane (First phase) and ethane (Second phase) by obtaining the following types of commercial products: polypropylene - 500,000 tons/year.
The site of the Complex is located 33 km north-east of Atyrau, 8–9 km north of the Karabatan station. The site is located close to the existing railway (9.2 km), road (6.3 km), water supply, electricity and pipelines for transportation. During selection of sites and site planning, all safe distances were taken into account in accordance with generally accepted international standards and positive engineering practice.
“As a result of the project, it is planned to create more than 3,000 workplaces during the construction period and more than 500 workplaces during the operation, the small and medium enterprise development based on polypropylene with the production of plastic products, broadening of the tax base, as well as the development of related industries.” The project is included in the State program on forced Industrial-Innovative Development of the Republic of Kazakhstan for 2010 - 2014 (Decree of the President of the Republic of Kazakhstan dated March 19, 2010 No.958).
The project is included in the Industrialization Map of Kazakhstan for 2010-2014, approved by the Government of the Republic of Kazakhstan dated April 14, 2010 No.303. The program for the development of the oil and gas sector in the Republic of Kazakhstan for 2010-2014, approved by the Government of the Republic of Kazakhstan dated October 18, 2010 No.1072.