CHEMIE 2010

The Republic of Kazakhstan is ranked 5th in the world and shares the borders with Russia, China, Kyrgyzstan, Uzbekistan and Turkmenistan.

In Kazakhstan saw growth of investment due to its favourable geopolitical location, economic and political stability, qualified staff.

Kazakhstan was the first among the CIS countries to be recognized by the European Union and U.S. as a market economy.

The government of the Republic pays much attention to development of small and medium-sized businesses. As a result, over 352,000 small-sized firms are operating in Kazakhstan.

Kazakhstan is ranked 5th in the world in terms of oil and gas production. Probable oil reserves are estimated at 23 billion tones.

The petrochemical industry in Kazakhstan is one of the most dynamic ones. Perspectives of construction of Kazakhstan’s first integrated gas and chemical complex have been assessed. The national government wants to create a petrochemical cluster. The Concept of Development of the Petrochemical and Chemical Industry in Kazakhstan until 2015 has been adopted, and the Programme of Development of the Petrochemical Industry for 2004-2010, as well as the 15-year general plan have been approved.

The world demand for petrochemical products grows every year to outpace production. Petrochemical products cost four to five times more than the feed stock. That is why the development of petrochemistry in Kazakhstan may become one of the most effective mechanisms to diversify economy and turn it from raw materials to processing.