Kazakhstan exports 30,000 tonnes of polypropylene to Europe in 2023, targeting 100,000 tonnes

ASTANA. April 25 (Interfax) - Kazakhstan exported 30,000 tonnes of polypropylene to Europe last year, and is aiming to increase shipments to 100,000 tonnes, Deputy Energy Minister Askhat Khasenov said.

"In 2023, we exported 30,000 tonnes of Kazakh polypropylene to Europe, and we plan to increase the volume to 100,000 tonnes in the future," Khasenov told reporters on Thursday.

Khasenov noted that polypropylene is "the second most popular plastic in the world," with consumption growing by an average of 3%-4% annually.

The polypropylene production plant of Kazakhstan Petrochemical Industries Inc. LLP launched operations in early November 2022. The facility has capacity of 500,000 tonnes of polypropylene per year, utilizing propane from the Tengiz field as raw material. Constructing the complex cost the participants $2.63 billion, including the engineering, procurement and construction (EPC) agreement totaling $1.865 billion.