Development Bank of Kazakhstan (a subsidiary of Baiterek Holding, hereinafter – DBK, the Bank) has provided pre-export financing to Qazaq Bitum Processing LLP, one of Kazakhstan’s leading petrochemical enterprises and a domestic producer of high-tech bitumen materials for road construction.
Bitumen is currently in high demand in Kazakhstan amid the large-scale development of road infrastructure. The product is also widely used in waterproofing, roofing materials and industrial construction.
In 2025, bitumen production in Kazakhstan exceeded 1 million tonnes. The product is exported to Uzbekistan, Kyrgyzstan and Tajikistan.
Qazaq Bitum Processing LLP, operating under the Qazaq Bitum brand, is the third-largest bitumen producer in Kazakhstan, with a 26% market share. The company operates two modern production facilities: the “Small Plant” in Shymkent and the “Large Plant” in the Turkistan Region. Following modernisation, the total production capacity of the facilities stands at 600,000 tonnes of bitumen per year.
The company’s product portfolio includes six grades of road bitumen and four grades of innovative polymer-bitumen binders. Polymer-modified bitumen is the company’s key export product. It is a modern high-tech material that increases the resistance of road surfaces to temperature fluctuations, deformation and heavy traffic loads. These materials significantly improve the quality and durability of road surfaces, which is particularly important for countries with challenging climatic conditions and high transport intensity.
The Bank supported the project with KZT 5 billion, with insurance coverage provided by Nomad Insurance Company JSC. The funds will be used to support export operations involving the supply of modern polymer-modified bitumen, helping to strengthen the position of Kazakhstan-made products in the markets of Central Asia and Europe.
“Production and export of polymer-modified bitumen materials represent a high-tech sector that is critically important for the development of transport infrastructure. Expanding exports to Uzbekistan, Kyrgyzstan and Tajikistan will not only increase the country’s foreign currency earnings, but also confirm the competitiveness of Kazakhstan’s quality standards in international markets. For Kazakhstan’s economy, this means creating added value within the country, preserving skilled jobs and increasing the industrial potential of the regions,” said Marat Yelibayev, Chairman of the Management Board of DBK.
The group of companies has demonstrated steady growth: since 2022, the average annual growth rate of Qazaq Bitum sales has reached 30%. Around 200 specialists are employed at the company’s enterprises, ensuring the full production cycle from processing to logistics and delivery to end consumers.
In addition, the company’s modern technological base and high level of energy efficiency enable it to comply with international best practice, maintain strong profitability and ensure reliable supplies.
