Thus, the project shareholders will move on and, according to our information, the next stage is planned to be the selection of an EPC contractor by the end of the year. The cost of the project is more than 1 billion US dollars.
This news is very positive, taking into account the fact that many new oil and gas and petrochemical projects, including gas processing plants in Kazakhstan have big problems with implementation.
Tatneft is a leading integrated oil and gas company and is actively operating in Kazakhstan both in the Upstream (Karaton Operating) and Downstream markets.
We hope that Tatneft will bring the project to implementation.
A project for the production of butadiene and synthetic rubber, within the framework of which Tatneft is currently actively working with the contractor, the Chinese engineering company China Tianchen Engineering Corporation to provide pre-FEED services.
The planned production is:
60 thousand tons of divinyl styrene synthetic rubber (DSSK) for use in the rubber industry and tire production;
40 thousand tons of styrene-butadiene-styrene rubber (SBS), necessary for road surfaces and plastics;
40 thousand tons of methyl tert-butyl ether as high-octane gasoline annually.
This news is very positive, taking into account the fact that many new oil and gas and petrochemical projects, including gas processing plants in Kazakhstan have big problems with implementation.
Tatneft is a leading integrated oil and gas company and is actively operating in Kazakhstan both in the Upstream (Karaton Operating) and Downstream markets.
We hope that Tatneft will bring the project to implementation.
A project for the production of butadiene and synthetic rubber, within the framework of which Tatneft is currently actively working with the contractor, the Chinese engineering company China Tianchen Engineering Corporation to provide pre-FEED services.
The planned production is:
60 thousand tons of divinyl styrene synthetic rubber (DSSK) for use in the rubber industry and tire production;
40 thousand tons of styrene-butadiene-styrene rubber (SBS), necessary for road surfaces and plastics;
40 thousand tons of methyl tert-butyl ether as high-octane gasoline annually.
Source: Petro_council