The Industrial Development Fund JSC has extended financial support to the domestic manufacturer VALTHERM LLP for the purchase of modern production equipment to manufacture aluminum and bimetallic heating radiators in the Almaty Industrial Zone. The lease is provided for a 10-year term at a 9% interest rate.
Notably, as part of the project's first phase, the enterprise had already acquired an initial batch of essential equipment through a leasing arrangement with the Industrial Development Fund JSC.
This year, the installation, commissioning, and training of production personnel were successfully completed. In September 2024, the production of heating radiators was launched.
Currently, the company’s technological cycle includes a high-pressure casting complex using aluminum alloy, an automated radiator painting line, and a mechanical processing line for heating radiators. The production process encompasses all stages—from design and component manufacturing to assembly and quality control of finished products.
The second phase of financing involves the acquisition of additional technological equipment to increase radiator production capacity. The project also includes the construction of specialized warehouses for storing raw materials, components, and finished products.
It is worth noting that VALTHERM LLP’s products are essential for residential construction as well as for social, industrial, and other infrastructure projects. Heating radiators are indispensable in multi-apartment residential buildings, schools, kindergartens, and other facilities with centralized heating systems.
With the addition of new equipment, VALTHERM LLP's production capacity will reach 14 million radiator sections annually. This significant volume will not only meet domestic demand for heating radiators but also support exports to neighboring countries.
The acquisition of additional equipment and the expansion of production capacity, supported financially by the Industrial Development Fund JSC, will create 150 new jobs.
