Kazakhstan chemical industry investments double to record 388.4 billion tenge

September 14, 2026 at 09:16 AM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Investments in Kazakhstan's chemical industry reached a record 388.4 billion tenge in January–July 2026, doubling year-on-year. Companies' own funds, not bank loans, drove the growth, accounting for 79% of sector investment. The surge coincided with a 26.9% rise in chemical output.

Key Facts

Chemical industry investments hit 388.4 billion tenge in January–July 2026, the highest for that period since at least 2016.
Companies' own funds financed 308.2 billion tenge, or 79% of sector investment, up from 66% a year earlier.
Bank loans to chemical enterprises fell to 1.1 billion tenge from 15.2 billion tenge, a nearly 14-fold drop.
Chemical production rose 26.9% in physical terms to 1 trillion tenge in January–July 2026.
The chemical sector accounted for 23.1% of all manufacturing investment, up from 16.6% a year earlier.

Investment Surge

Investments in Kazakhstan's chemical industry reached 388.4 billion tenge in January–July 2026, doubling from 191.3 billion tenge a year earlier. The physical volume index hit 183.6%, the highest for the seven-month period in the observed data series. The sector's share of all manufacturing investment rose to 23.1% from 16.6% in the same period of 2025. Nationwide fixed capital investment grew 7.7% in real terms to 11.46 trillion tenge, according to the Bureau of National Statistics.

Financing Shift

Chemical enterprises invested 308.2 billion tenge of their own funds, 2.4 times more than a year earlier. Own funds covered about 79% of sector capital investment, compared with 66% in January–July 2025. Bank lending to chemical companies collapsed to 1.1 billion tenge from 15.2 billion tenge, a nearly 14-fold decrease. Non-bank borrowed funds rose 58.4% to 79.1 billion tenge, including 33.6 billion tenge from non-residents.

Production Growth

Chemical output reached 1 trillion tenge in January–July 2026, up from 907.8 billion tenge a year earlier. Physical production volume increased 26.9%, while the overall manufacturing sector grew 9%. Nitrogen fertilizer output rose 13.1% to 256.2 thousand tonnes.