Talas Investment Company LLP

Investment project for the construction of a sodium cyanide plant with a capacity of 15,000 tons in the city of Karatau

Chemical industry

Funding status: Guarantee status: On administration

Information about Talas Investment Company LLP

Project Name 

Investment Project for the Construction of a Sodium Cyanide Plant with a Capacity of 15,000 Tons/Year in Karatau

Project Description 

Construction of Kazakhstan’s first sodium cyanide plant with a capacity of 15,000 tons/year and a co-product of 5,000 tons/year of ammonium sulphate (fertilizer) in Karatau, Zhambyl region. The project is being implemented within the State Program for Industrial and Innovative Development of the Republic of Kazakhstan for 2015-2019

Borrower

Development Bank of Kazakhstan JSC 

Talas Investment Company LLP

Final Beneficiaries

Serikzhan Seitzhanov

Product

Vegetable oil, cake, meal

Industry

Sodium cyanide technical briquetted; Ammonium sulphate (high, first, second grade)

Funding Status

On administration

Region

Zhambyl Region

Project Financing Structure 

Project Cost 

80,149 mln $

Interest of Development Bank of Kazakhstan JSC, by currency of financing

16,192 bln ₸

Personal Interest of the Borrower

31,895 mln $

Interest of other creditors in the project financing

None

Terms and Conditions of the Financing Instrument of Development Bank of Kazakhstan JSC 

Financing Currency 

KZT

Type of Financing Instrument 

Investment Project

Interest Rate 

7% 

Loan Term 

15 years (until 19.03.2030)

Source of Financing 

Own funds of Development Bank of Kazakhstan JSC, raised funds

Contact Details

Website

talasinvest.com, zavod@talasinvest.com

Address

27 Arbatas str., Karatau, Zhambyl region

Phone

8 (7264) 47 91 22