Kazakhstan: strategic partner invests in Hantau plant

Kazakhstan: strategic partner invests in Hantau plant
Published: 09 July 2014

Tagged Under: Hantau Cement Kazakhstan 

Kazakhstan Investment Fund JSC has attracted a strategic partner for the launch of production at the Hantau cement plant, Baiterek National Holding reported. 'Yug Cement Stroi' LLP acted as the strategic partner which attracted credit in the amount of KZT5.35bn (EUR21.4m) for seven years in the "Bank RBK" JSC and allocated to completing construction of the plant.

Currently, a new dry-process clinker line is being constructed at the plant by Hengyuan International Engineering Group. The production capacity of the first line of the plant is designed for 1200tpd of clinker. It is planned that in the autumn the company will run at full cement capacity or 0.5Mta and 0.36Mta of clinker. The plant is located near the Zhambyl railway and a developed motorway network that connects the company with other industrial centres of the country.