Kazphosphate and Czech Fosfa start producing phosphate salts
ASTANA. July 3 (Interfax) - Kazakh President Nursultan Nazarbayev launched the joint production of sodium hexametaphosphate and dietary phosphate in Zhambyl region by Kazphosphate and the Czech Fosfa on July 3.
The production line capacity is four thousand tons of finished products per year. The estimated cost of the project is 500 million tenge, of which 250 million tenge are Kazphosphate funds and the remaining financing is provided by the Czech investor.
The project apples a new technology that adds high value to the products and improve energy efficiency three-fold, said the ministry of industry and new technologies.
Kazphosphate LLC is focused on exploration works, mining and processing of phosphate rock, production and sales of yellow phosphorus and its derivatives, phosphate fertilizers and fodder phosphates, output of mineral raw material for industrial products.
Last year Kazphosphate LLC and Czech company FOSFA formed a joint venture to produce sodium hexametaphosphate and other phosphate salts in Zhambyl Region (southern Kazakhstan). The production line was scheduled for launch by the end of this year, while starting from January 2012 the products were planned to be ready for delivery to Europe and the CIS.