A New Life for Waste Paper: JSC “Zhasyl Damu” Invests in Paper Recycling in Almaty Using Utilization Payments

JSC Zhasyl Damu continues to implement strategic initiatives aimed at developing environmentally sustainable production in Kazakhstan. As part of this work, financing has been approved for a large investment project of INTER MULTI SERVICE LLP to modernize a paper-making machine in Almaty.

INTER MULTI SERVICE LLP is one of the largest producers of paper and cardboard in Kazakhstan. The company’s modern plant annually recycles about 36 thousand tons of waste paper, which significantly reduces the burden on landfills. The use of secondary raw materials helps save wood, water, and energy, while also reducing greenhouse gas emissions compared to traditional cellulose-based production.

The total investment in the project amounts to 1.4 billion KZT. Of this, 1.1 billion KZT has been provided by JSC Industrial Development Fund as a concessional loan at 3% per annum for up to 7 years. The funds were allocated by JSC Zhasyl Damu through utilization payments. After the modernization, the annual recycling capacity will increase to 55 thousand tons. The plant currently employs 184 people, and the project will help preserve jobs and improve working conditions.

The modernization project includes the installation of new units, replacement of outdated equipment with improved technical characteristics, and the purchase of additional machinery.

Expected project outcomes:

improved quality of finished products;

30% increase in production capacity and higher recycling volumes;

enhanced wastewater treatment efficiency;

expansion of sales volumes, including export;

optimization of technological processes and better working conditions.

The implementation of this project will strengthen the position of domestic producers in both domestic and international markets, increase the recycling of secondary resources, and make a significant contribution to the development of Kazakhstan’s green economy.

 JSC Zhasyl Damu will continue to support initiatives aimed at creating a closed-loop recycling system and introducing environmentally safe technologies in the country’s industry.