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Texol Steel Technology

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Photo Sources: texol.kz

PROJECT ID

172025190

SECTOR

Industrial Manufacturing, Mining & Metallurgy

PROJECT PHASE

Procurement & Construction

LOCATION

Atyrau Region, Kazakhstan

START DATE

8/4/2025

END DATE

1/1/2027

INVESTMENT VALUE

$ NA

Active

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Verified

Last Updated: 25 April 2026

Publication: 8 October 2025

PROJECT DESCRIPTION

A solemn ceremony of laying a capsule in the foundation of the future Texol Steel Technology foundry, a new strategic facility within the framework of the development of the industrial cluster of the region, was held in the southern industrial zone of Atyrau. The new Texol Steel Technology plant will produce steel parts for railway wagons — stops, supports, clamps, axle boxes, etc. The design capacity is up to 60,000 tons of products per year. The main raw materials are Kazakhstani scrap and ferroalloys, which will increase the level of localization and reduce import dependence. The construction will create 500 jobs. The full-cycle plant is s... Read more

Involved Companies & Contacts

INVOLVED COMPANIES & CONTACTS

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Location

Locations shown on the map are for indicative purposes and may vary from actual locations.

Other important details

  • The event was attended by Akim of Atyrau region Serik Shapkenov, Deputy Chairman of the Committee of Industry of the Republic of Kazakhstan Shyngys Suyunbayev, Head of the Heavy Engineering Department Toreadil Abdrakhmanov, Director of Texoltrans LLP, Honorary Railwayman of the Republic of Kazakhstan Boris Ziganshin and Director of Texol Steel Technology LLP Mikhail Polyansky.

  • Akim of the region Serik Shapkenov noted in his speech: "The start of the foundry's construction is an important step in the development of the Atyrau industrial cluster. The plant will allow to localize the production of wagon components by 96%, create more than 500 jobs and contribute to the growth of the manufacturing industry. This is an example of the practical implementation of the tasks set by the Head of State."

  • The project is aimed at localizing the production of components previously supplied from abroad. The main raw materials — scrap metal and ferroalloys — will come from Kazakhstani suppliers.

  • Also during the event, Boris Kharisovich Ziganshin, Director of Texol Trans LLP, was solemnly awarded the title of Honorary Railway Worker as part of the Railway Workers' Day.

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