Uzbekistan plans to build $600 million fertilizer project

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Uzbekistan plans to build $600 million fertilizer project

Uzbekistan’s Uzkimyosanoat (Uzbek Chemical Industry) and Samsung are planning to build a $600 million urea and ammonia production plant in Syr Darya (Sirdaryo) Province - Uzbekistan media reports.

The enterprise is expected to produce 400,000 tonnes of ammonia and 600,000 tonnes of urea per year - said the statement.

Uzkimyosanoat plans to complete another plant in co-operation with Japan’s Mitsubishi next year. The plant will produce 660,000 tonnes of ammonia and 577,500 tonnes of urea per year. This $985.7 million project — the largest chemical enterprise in Uzbekistan — is being implemented at Navoiazot.

Last year, Uzbek leader has approved a “roadmap” for implementation of the main directions of expansion and modernization of production facilities, deepening the processing of basic products, rational use of assets and the introduction of modern management methods in the activities of Uzkimyosanoat.

The document envisages increase in production of chemical products in 2018-2030 – by 4.5 times, including mineral fertilizers – by 2 times (from 1.2 million tonnes to 2.4 million tonnes), exports of products – by 4 times and diversification of the industry by raising the share of organic chemistry products from 7 to 54 percent.

Besides the above-mentioned projects, the capacities for production of phosphate fertilizers at Ammophos-Maxam will be organized in 2018–2020 due to modernization of existing industries with an increase in the production of phosphate fertilizers by 20,000 tonnes (in 100% nutrient calculation).

Capacities for production of polyvinyl chloride with a capacity of 100,000 tonnes, caustic soda – 75,000 tonnes, methanol – 300,000 tonnes, and also nitric acid with a capacity of 500,000 tonnes at Navoiazot will also be organized.

Ferganaazot is implementing a project for the production of modern polymer wallpaper with a capacity of 7.8 million units with the attraction of foreign direct investment.

Also, the project “Expansion of production capacity of the Dekhkanabad potash fertilizer plant” (stage II) will be implemented.

At the same time, the implementation of 29 investment projects for the modernization, expansion and creation of new processing industries with an estimated cost of US$4.8 billion is carried out mainly with the attraction of foreign direct investment.

Until 2030, promising investment projects will be realized, which are aimed at diversifying the production of chemical products, increasing the output of mineral fertilizers and chemical plant protection products, developing organic chemistry, including the production of polymer products, synthetic fibers, rubber and other finished products.

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