Page 10 - FSUOGM Week 14 2021

FSUOGM PROJECTS & COMPANIES FSUOGM

Tatneft starts building Kazakh

tyre plant, signs more deals

KAZAKHSTAN RUSSIAN oil firm Tatneft has broken ground on in Russia. Allur, on the other hand, is a share-
a tyre manufacturing plant in Kazakhstan, the holder in Kazakhstan’s biggest car manufacturer
The plant will be company reported on April 5. SaryarkaAvtoProm, an official distributor, man-
developed by Tatneft A ceremony was held in the city of Saran in ufacturer and dealer of the JAC, Ankai, Chev-
and a shareholder in Kazakhstan’s northern Karaganda Province to rolet, KIA, AvtoVAZ, UAZ and MAN brands in
Kazakhstan's biggest mark the start of construction of the facility, the country.
car manufacturer, Allur. which will produce up to 3mn passenger car Tatneft is looking to expand its activities in
tyres and 500,000 solid steel core tyres per year. Kazakhstan further, announcing on April 5 it
Its commissioning is anticipated in 2022, and it wanted to produce butadiene rubber and road
should reach full capacity in 2024. bitumen in the Central Asian state. Preliminary
The plant will be developed by a joint venture agreements on the projects were signed with
between Tatneft and Kazakhstan’s Allur, at a cost Kazakh authorities.
of KAZ125bn ($284mn). The pair agreed to form Tatneft will work together with Kazakhstan’s
the partnership in August last year, and reached state-owned KazMunayGas (KMG) to develop a
a package of agreements with the Kazakh gov- plant in the Atyrau region capable of turning out
ernment in late March, confirming state support 186,000 tonnes per year of butadiene rubber and
measures for the project. 170,000 tpy of isobutane. Its butane feedstock
Kazakhstan has not produced any tyres of will be supplied by Tengizchevroil, the Chev-
its own since the closure of a plant in Shymkent ron-led consortium developing the Tengiz oil-
years ago. Production from the new facility is field, while its output will be delivered to Tatneft’s
expected to be sold not only in Kazakhstan but tyre plant and exported to European countries,
also in Russia and other Central Asian countries. Russia, China, Turkey and other nations.
Tatneft, a mid-sized oil producer based in The bitumen facility, meanwhile, is expected
Tatarstan, is also a major manufacturer of tyres to have a 300,000 tpy capacity. ™

P10 www. NEWSBASE .com Week 14 07•April•2021