Pavlodar petrochemical plant secures KDB funding

Pavlodar petrochemical plant: KDB, the Kazakhstan Development Bank, has announced that it will put up around 25% of the funding required for the modernization of the country’s Pavlodar petrochemical plant (PPCP). The project is primarily being funded by a group of Japanese banks and is designed to ensure that the quality of PPCP motor fuels meets the requirements of the environmental classes K4 and K5 and to expand annual refining capacity from 5 to 7 million of the enterprise which processes oil from fields in Western Siberia. Newskaz