Source: Samruk-Kazyna JSC
The annual capacity of the oil refining plant has been enhanced from 1 million tons to 1.5 million tons.
Bitumen production capacity has surged from 500 thousand tons to 750 thousand tons.
One of the most crucial and technically demanding aspects of the project was the installation of a 140-ton vacuum column, standing nearly 40 meters tall.
The upgraded plant is now equipped to consistently supply the market with high-quality domestic bitumen, adequately meet local demand, and reduce reliance on imports.
This modernization project for the Aktau Bitumen Plant was executed under the directive of the country’s President, with CITIC Construction serving as the general contractor.
For the first time, the Downstream Central Asia and Caspian Summit will be co-located with the inaugural Go Net Zero Energy Summit on 8 September at the same venue, bringing together downstream stakeholders from across the Caspian and Central Asia regions under one roof. This unique convergence creates a full week of strategic dialogue and delivers unparalleled opportunities for cross-sector collaboration, knowledge sharing, and the formation of strategic partnerships across the entire energy value chain.
Uzbekistan has announced an extension of zero customs duties on the import of 82 types of industrial raw materials and semi-finished products. According to a report from the Ministry of Justice via its Telegram channel, referencing a presidential decree signed.
The world’s largest chemical manufacturer is set to inaugurate its new facility in China by the end of March, generating a blend of optimism and skepticism about growth prospects.