DBK partners develop regions

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According to the company representatives, production volumes for the last 5 months of the plant’s operation amounted to 5,526 tons of sodium cyanide and 1,226 tons of ammonium sulfate. The annual design capacity of the enterprise, which produces up to 50 tons of sodium cyanide per day, is 15 thousand tons of products. The production process involving waste-free technology also produces an additional and useful product for agricultural producers - ammonium sulphate with a volume of up to 5 thousand tons per year. Thanks to the chemical enterprise, the Talas district budget received 98.2 million tenge only from the beginning of this year.

In the Talas district of the Zhambyl region, our plant is one of the city-forming enterprises. More than 90% of the industrial production staff of the plant are employed from the local population. Such results were achieved thanks to close work with the departments of the region's employment center. To date, it can be considered that the outflow of labor from the single-industry town of Karatau and nearby settlements has stopped. The socio-economic situation has improved,”

- emphasizes the general director of the “Talas Investment company” LLP, Yerlan Nurkhanov.
Indeed, in Soviet times, the city of Karatau was considered as the center of chemical production and part of a huge industrial complex. The population before the beginning of perestroika was more than 60 thousand people. Now only memory has remained of former greatness. According to official statistics, nowadays less than 30 thousand Kazakhstanis live there. Thanks to large enterprises that provide Karatau residents with a stable income, they managed to stop the outflow of the local population.
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According to Mr. Nurkhanov, the pace of operation of the plant is growing every year. Almost all volumes of sodium cyanide have been already contracted, the largest share of products is exported to Tajikistan, Kyrgyzstan and Russia. However, the company's management plans for the future are even bigger. It is planned to build the second line of the plant with an additional capacity of 15 thousand tons per year. This step is justified by the growing demand, according to the marketing analysis of the sodium cyanide market, the need for the domestic market is 20-25 thousand tons. Moreover, there is a tendency to increase consumption for 2021-2022. The implementation of the planned project is fully consistent with the state policy on import substitution, it will reduce the cost of production and cover the needs of Kazakhstan’s market with the domestic products. For comparison, earlier Kazakhstani gold mining companies had to import sodium cyanide, due to its absence in the local market, at a price 30-40% more expensive than now.

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It should be reminded, the company, which is part of the program of industrial and innovative development, with DBK’s support launched in June 2014 in the city of Karatau of Talas district of Zhambyl region. The Bank allocated a loan in the amount of 16.2 billion tenge for the project for a period of 15 years. The total cost of the project was us $ 80,495 million. Now it is the only plant in Kazakhstan for the production of sodium cyanide – expensive imported product, which is used as a reagent for leaching mainly in the gold mining industry. Production processes at the plant are fully automated, more than 550 people work here on a regular basis. By the way, this year “Talas Investment Company” became the winner of the regional competition-exhibition of domestic producers “The Best Product of Kazakhstan-2019” in the nomination “Best Industrial Goods”. Now the enterprise will compete for the title of the best in the same nomination at the republican level.

АО «Банк Развития Казахстана»
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