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Construction of large chemical enterprise close to completion in Turkmenistan

Business Materials 19 November 2013 17:12 (UTC +04:00)
A report on increasing the capacity of the chemical industry and construction of enterprises for production of mineral fertilisers was heard at a session of Turkmenistan’s Cabinet of Ministers.

Ashgabat, Turkmenistan, Nov.19
By Huseyn Hasanov- Trend:

A report on increasing the capacity of the chemical industry and construction of enterprises for production of mineral fertilisers was heard at a session of Turkmenistan's Cabinet of Ministers, a message from the government of Turkmenistan said.

According to the message, the report was presented by the Deputy Prime Minister Babaniyaz Italmazov who is also the acting head of the Turkmenhimiya State Concern.

"The report gave information about the construction process of the Mary plant for urea and ammonia production where the work has entered its final stage," the message said.

It was earlier reported that Japanese companies such as Kawasaki Heavy Industries and Sojitz Corporation are implementing the project. According to the preliminary estimation, the cost of the large project was estimated at $1 billion. The design capacity must amount to 400,000 tons of ammonia and 640,000 tons of urea per year.

Taking into account the operating enterprises for the production of fertilisers, the implementation of the project will increase the annual production of nitrogen fertilisers to one million tons and increase export opportunities.

Turkmenistan's chemical industry is one of the fastest growing areas of the national economy and enjoys a large resource potential.

For instance, the largest mining and processing complex for the production of potash fertiliser in Central Asia is being constructed near a large field in the province of Lebap, (Galyk region).

At this stage, experts are also working on the development of a single large project to create large gas chemistry and petro chemistry sectors in the next 10 years. Work on the utilisation of associated petroleum gas and obtaining liquefied natural gas, synthetic fluids and electricity, is also of special importance.

A separate issue is the development of the gas processing industry for the production of ammonia, urea, technical carbon and increasing the volume of liquefied gas production which enjoys a steadily growing demand in the global market.

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