Development Bank of Kazakhstan to finance construction of alkylate production plant in Pavlodar

24.12.24 10:53
/KASE, December 24, 2024/ – Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) has announced the following: quote December 23, 2024 The construction of Kazakhstan’s first alkylate production plant has started in Pavlodar region, with an annual production capacity of 97.6 thousand tonnes. This unique, large-scale project is being implemented by INTERTRANS C.A. LLP. The production of alkylate will represent an important step in the ecological transformation of the fuel industry. Alkylate is a high-octane gasoline component that greatly enhances the properties of fuel while reducing carbon dioxide and toxic emissions into the atmosphere. This project not only brings a new technological facility to Kazakhstan but also marks a significant milestone in enhancing the country's oil refining capabilities. unquote The complete press release is available on – https://kase.kz/files/emitters/BRKZ/brkz_relizs_231224_1.pdf [2024-12-24]