BAKU, Azerbaijan, October 19. The opening of Kazphosphate LLP Taraz branch of mineral fertilizers plant took place in Kazakhstan, Trend reports citing the Ministry of Industry and Infrastructure Development of Kazakhstan.
The cost of the project is 72 billion tenge ($152.4 million), and the capacity in the volume of finished products reaches up to 1 million tons of mineral fertilizers per year.
Thus, the second production line for ammophos, one of the most popular fertilizers, was launched.
Due to the successful implementation of this project in the coming year, it's planned to fully satisfy the need of Kazakh farmers for ammophos. In turn, this will reduce the impact of external factors on the country's food security.
Kazphosphate LLP is a large enterprise in the market of chemical industry. In the agricultural chemistry sector, more than half of the products are produced by this enterprise.
President of Kazakhstan Kassym-Jomart Tokayev set the task of supplying the domestic market with its own fertilizers at 100 percent. In this regard, the development strategy of Kazphosphate LLP fully corresponds to the development of the chemical industry.
