Kazakhstan is actively working to enhance its chemical and petrochemical industry, with 49 ongoing projects that focus on producing products crucial to the oil and metallurgical sectors. This development is expected to strengthen the country's manufacturing industry, which currently contributes 4.6% of the sector's total output.
Minister of Industry and Construction Ersayin Nagaspayev highlighted the positive growth trajectory of the chemical industry at a recent government meeting. According to the Minister, the sector has made strides, with production volumes increasing by 7.7% last year, surpassing KZT 1 trillion ($1.9mn). This growth is attributed to the continuous efforts of local producers and government support, with the industry maintaining a steady annual growth rate of 5% over the past five years.
Nagaspayev emphasized that Kazakhstan’s chemical industry not only meets domestic demand but also supports export potential. The country’s key chemical enterprises are strategically positioned to foster development in other key sectors, such as agriculture, metallurgy, and construction materials production.
The first quarter of this year also showed promising results, with production volumes growing by 12.5%, totaling KZT 406bn ($789.2mn). The government expects a 5% increase in production for the year, driven by new projects and enhanced output in specific product categories, including polypropylene, sodium cyanide, fertilizers, and yellow phosphorus.
A vital part of Kazakhstan’s industrial strategy is supporting the agrochemical sector, which plays a key role in ensuring national food security. By 2030, Kazakhstan aims to meet the full fertilizer needs of its local farmers by boosting domestic production. The country plans to increase fertilizer output to 4mn tons by 2030, alongside launching the production of new types of fertilizers such as urea, potassium chloride, and dicalcium phosphate.
One of the most promising areas for future growth in the chemical industry is coal chemistry. With abundant coal reserves, Kazakhstan is working to reduce its reliance on raw material exports and increase the added value of its natural resources. Cooperation with large companies such as CHN Energy and East China Engineering and Technology is already underway to explore and implement cutting-edge technologies in the coal chemistry sector.
The Minister also reported that investments are expected in the chemical industry, with plans to attract KZT 4.8 trillion ($9.3bn) by 2035. The government’s efforts to advance coal chemistry and other innovative projects are key to developing the chemical sector and positioning Kazakhstan as a strong player in the global chemical market.
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