Nazarbayev visits newly built pipe fittings plant with no identical in CIS
The decision to build the plant in Kazakhstan was made in 2007 at a meeting of heads of state and chairman of the board of directors of "Chevron" corporation David O.Rayli. Since then, a drafting group step by step was advancing the project to its logical conclusion. Since "Chevron" has not had much experience in manufacturing valves, there was a search for a strategic partner who would have had many years of experience in design and manufacture of valves that meet the high requirements of modern consumers, and would be consistent with international standards of quality.
Such partner is AVK company from Denmark. Long term agreement was endorsed to be provided by the company AVK with patented technologies, new equipment, and training local personnel and supply the necessary components for the manufacture of IT products, with no analogs in the entire post-Soviet space.
The head of state saw the exhibition of samples of products that are planning to be made in Atyrau. According to the President, the plant's products will have export potential.
The activities of the plant will be fully ensured by citizens of Kazakhstan, from the management to workers. Plant team will consist of 75 people. All of them are highly Kazakh specialists who have been trained on the job. Currently, the plant is at the stage of commissioning, start-up operations are carried out for all the production equipment. At the end of July 2013 ther will be first planned production of finished products.
Its production capacity is 30 million regulating valves per year. Manufactured diameters are from 80 to 400 mm with operating pressures up to 16 atm. for drinking water supply, gas supply, and wastewater disposal.
The main market are communal services of Kazakhstan and neighboring countries.
Thanks to new production technologies and materials used there is reduction of the costs for installation, and lower operating costs. Guarantee of Kazakhstan's producer is up to 10 years of service life - up to 50 years.
It should be recalled that the cooperation between the Republic of Kazakhstan and Chevron started in 1993 with establishement of of the joint venture "TCO". Chevron was the first major international oil company, which started its functioning in the country. Today Chevron is the largest private investor in the oil and gas industry. In addition to a 50% interest in "TCO" joint venture, Chevron has a 20% interest in the Karachaganak field and a 15% share in the Caspian Pipeline Consortium (CPC).
"Chevron" also owns 100% of the Atyrau plant of polyethylene pipes (AZPT). The company does not stop there, it continues investing in development of businesses and attracting new technologies. Evidence of this is construction of a new plant of valves in Atyrau (AZTA), which has no analogs either in Kazakhstan or CIS countries.