Taraz Plastic

Kazakhstan's KPI signs domestic offtake deals with FIBC, Taraz Plastic

Kazakhstan Petrochemical Industries (KPI) has signed agreements with local converters FIBC and Taraz Plastic to raise domestic consumption of its polypropylene under a government Investment Acceleration programme. FIBC, which makes PP bags, has expanded capacity and installed new equipment to produce multifilament yarn, a product new to Kazakhstan; Taraz Plastic, which makes hay-baling twine from KPI's polypropylene, plans a capacity expansion and higher raw-material purchases.

Why this mattersA new Kazakh resin supplier is building local downstream demand, a step that could reduce the region's reliance on imported polypropylene packaging materials.

• KPI signed agreements with FIBC and Taraz Plastic under Kazakhstan's Investment Acceleration programme.
• FIBC produces bags from KPI polypropylene and has installed equipment for multifilament yarn, not previously made in Kazakhstan.
• Taraz Plastic uses KPI polypropylene to make hay-baling twine and plans to expand production and raw-material purchases.
• The programme assists domestic polypropylene processors with equipment purchases and capacity expansion.

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