Semey Tannery reopened its doors. Located in the Eastern area of Kazakhstan, the company had closed down 10 years ago, but thanks to a partnership with another business of the tanning segment and an investment fund, the company has finally reopened.
Semey Tannery reopens
The Investment Fund of Kazakhstan JSC announced on June3rd that it signed the agreement with Semey Tannery LLP, tannery that is part of conglomerate Kusto Group. The agreement includes the tannery in Semey, but it also includes the option to purchase said location. Now, after the site and machinery has been restored, the location has reopened its doors and production levels should return to normal levels.
Numbers and production
As reported by Kazinform,there are currently 60 people working in the plant, but once it’s fully operational there will be 200. “We have received the first shipment of materials and have worked to release an experimental sample of 3,000 square-meters of wet blue”, explained the executive director of Semey Tannery LLP, Ruslan Bisenov, to Kazinform.
The company ended up managed by the fund in 2014 after the previous ownership had gone bankrupt. Your plant occupies a surface of 16,600 square-meters and will mostly tan bovine hides, but also some from ovines. Reopening is allegedly part of a wide strategy to develop livestock farms and manage the by-products that are created (including the hides to make leather) in Kazakhstan.
Image taken from ifk.kz