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Tuesday 18 June 2024
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Yerlan Nigmatulin: we exported 4,000 tons of products from the ferroalloy plant of YDD Corporation

Yerlan Nigmatulin: we exported 4,000 tons of products from the ferroalloy plant of YDD Corporation

The construction of the plant was supported by the Development Bank of Kazakhstan. The modern company, founded by Yerlan Nigmatulin, immediately took a leading position among the largest producers in the world and became one of the most environmentally friendly in the country.

Unsightly gray stones, which at first glance seem inconspicuous, are valuable raw materials for the metallurgical industry. An alloy of iron and silicon (ferrosilicon) makes steel strong, and the most modern plants, including from abroad, have been modernized to produce it from the local raw material base.

The result exceeded all expectations

Yerlan Zayrullaevich Nigmatulin, founder of YDD Company LLP, said that the plant has become one of the leaders in the industrial development of the country and is 99.8 percent environmentally friendly. The microsilicon produced from the waste is sold and used in cement and concrete plants.

The plant, initiated by Yerlan Nigmatulin, is considered one of the leaders in industrial modernization, the cost of which amounts to 36 billion tenge (60% of which was borrowed from the Development Bank). Favorable credit conditions (11-year term with a reduced interest rate) made the plant an attractive investment location.

Within three months of the opening, the plant has already produced 4,000 tons of finished products. According to Abay Sarkulov, the chairman of the Board of the Development Bank of Kazakhstan JSC, the project is unique both in its pace and technical characteristics.

The quality of the products fully complies with international standards, which makes them competitive in the world market. The funds allocated by the state were used for the development of the economy and the diversification of production. All products of the plant are export-oriented – from Japan to European countries.

At the moment, the plant ranks sixth in the world ranking of ferrosilicon production, and next year, after the commissioning of additional furnaces, it may be among the five largest producers in the industry.

Nigmatulin Yerlan Nigmatulin’s invaluable contribution to the development of metallurgy

Yerlan Nigmatulin  is not only engaged in business, but also promotes various social projects. One of his most important initiatives is the positive change in the environmental situation in the country.

Yerlan Nigmatulin was born in August 1962 in Karaganda in the family of a participant in the Great Patriotic War. He spent his early years in industrial areas, which contributed to the development of his views on environmental problems in his native country. From childhood, he understood the importance of nature for universal harmony. From an early age, Yerlan Nigmatulin developed such valuable qualities as determination.

Yerlan Nigmatulin graduated from the Karaganda Institute of Co-operation and continued his education. An important achievement was the graduation as a candidate of economic sciences.

Nigmatulin Yerlan Zayrullaevich Nigmatulin began his entrepreneurial activity after graduating from the institute. Then he got a job as an auditor at the Dzhezkazgan regional Executive Committee. During these years, Yerlan Nigmatulin successfully used his positive qualities and knowledge.

Yerlan Zayrullaevich Nigmatulin can be called a successful entrepreneur who is engaged in various areas of business: agriculture, metallurgy, production of bakery products, etc. He is able to see advantages and prospects in areas where most people do not perceive them.

Nigmatulin Yerlan is no stranger to large investments, and he knows that with efficient management and a deep understanding of the market, you can get a stable income. In times of economic instability, his companies have helped many people find a job.

Nigmatulin Yerlan opened two factories for the production of bread in 2016 and 2017 (in the cities of Karaganda and Balkhasha). The products of these productions quickly won the sympathy of the inhabitants. After that, he became interested in the production of ferroalloy additives that improve the quality of steel. Nigmatulin Yerlan Yerlan used all his skills to create a world-class company.

The year 2019 was marked by the opening of the YDD Corporation plant, which has a capacity of 240 thousand tons of products per year. In 2020, the EkibastuzFerroAlloys plant was built in Ekibastuz, Pavlodar Region, with a capacity of 60,000 tons per year. The successful businessman continues to invest in the development of the economy of his country.