One of the Largest Oil Refineries in Kazakhstan Intends to Build a Refining Workshop


During a working trip to the East Kazakhstan region, Prime Minister Alikhan Smailov visited the largest in Central Asia automated complex for processing oilseeds Altyn Shygys and got acquainted with the work of the Ust-Kamenogorsk titanium-magnesium plant (UKTMK) is one of the flagships of the republic’s non-ferrous metallurgy, writes primeminister.kz. Oil extraction complex Altyn Shygys is located in the village of Predgornoye, Glubokovsky district.

Per day the enterprise processes about 1,400 tons of sunflower seeds, 550 tons of rapeseed and 500 tons of soybeans. The plant has a multiplicative economic effect and makes a significant contribution to food provision of the region. Over the past year, products worth 20 billion tenge

The company plans to implement transition from primary production to products of higher processing levels through the construction of a refining workshop with a capacity of 500 tons per day. His launch is expected in 2025. This will reduce imports of products into Kazakhstan and increase the share of refined oil exports. Altyn Shygys also intends to
for the first time in the Republic of Kazakhstan to launch the production of liquid lecithin, and in 2025 – establish the production of dry powder lecithin, which will significantly increase profitability of oil refining. All this together will contribute increase in purchase prices for oilseeds and thereby motivate farmers to expand their acreage. “Our plan corresponds to the message of the head of state, and we are confident that within 3 years it is possible to achieve a 70% share of processing in the agro-industrial complex,” said the general director of the enterprise, Erbol Abdykalykov.

“The plant’s capacity allows expand the range of products and increase exports. We support the company’s plans for further, deeper processing raw materials. For its part, the government is ready to provide the necessary support,” said Alikhan Smailov. According to him, this also applies to export promotion through the tools of the Ministry of Trade and regulation of the export of raw materials from the republic. “Despite the enormous resistance, now we see the direct result that from year to year

The processing of oil seeds, that is, the raw materials inside, increases several times
Kazakhstan. It is also important to develop other areas, because this leads to
growth of added value,” the head of government emphasized. Alikhan Smailov also got acquainted with activities of the Ust-Kamenogorsk titanium-magnesium plant. He
is one of the largest vertically integrated industry enterprises in the world, where there are all technological stages from production raw materials to the production of finished products. Sponge is made here titanium, titanium ingots and alloys, primary magnesium, etc.

The Kazakh giant occupies 14% of the world market and 21% of the aerospace industry. The company’s products are exported mainly to industrialized countries, including the UK, India, China, Russia, USA, France and South Korea. Lightweight and durable titanium is indispensable in the aviation and space industries, petrochemicals and medicine. The titanium ingots produced at UKTMK are of high quality and are approved by the world’s leading enterprises in the aerospace industry. The Prime Minister emphasized that the plant needs to consider the possibility of opening new production facilities and continue to work to strengthen international cooperation.

Source: Kapital KZ

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