KazAzot JSC

Modernization of the plant for the production of mineral fertilizers with an increase in the design capacity for the output of finished products

Chemical Industry

Funding status: On administration

Information about KazAzot JSC

Project name Modernization of the plant for the production of mineral fertilizers with an increase in the design capacity for the output of finished products
Project description Increase in the productivity of commercial products (from 300 thousand tons / year to 340 thousand tons / year), a decrease in the cost of production of ammonia, weak nitric acid, nitrogen mineral fertilizers, by developing a gas field (raw materials), construction of GPPP, modernization of existing production.
Borrower of Development Bank of Kazakhstan JSC KazAzot JSC
Final beneficiaries
 Baharidin Ablazimov
Product
  1. Ammonium nitrate;
  2. Nitrogen-phosphorus fertilizers;
  3. Ammonium;
  4. Other types of ammonium nitrate with additives of sulphur, magnesium
Structure of project financing Project cost 57,46 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 40,55 bln ₸
Borrower's own participation 16,911 bln ₸
Participation in financing of the project of other creditors • Sublimit 1: 27,033.33 million tenge;
• Sublimit 2: 10,026.09 million tenge
(equivalent in US dollars at the rate of the National Bank of the Republic of Kazakhstan)
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstan tenge, US dollar
Type of financing instrument Medium-and long-term crediting of investment projects
Rate of remuneration Interest rate on loans:
  • Sublimit 1: 5%
  • Sublimit 2: 7.02%
Loan term 10 years
Funding source Own funds of Development Bank of Kazakhstan JSC, raised funds (including funds from the National Fund of the Republic of Kazakhstan)
Additional Information Address Mangistau region, Aktau, 130000, industrial zone 6, building №150
Tel. (7292) 579-887
Website: www.kazazot.kz, kazazot@kazazot.kz