Uzbekistan to repeat tender for construction of chemical complex

Business Materials 4 April 2014 16:56 (UTC +04:00)

Tashkent, Uzbekistan, April 4

By Demir Azizov - Trend:

Navoiazot OJSC, Uzbekistan's largest chemical plant, intends to announce a repeated tender in May 2014 for construction of an ammonia producing complex, SJSC Uzhimprom's representative told Trend on April 4.

The complex' starting price will be $800 million, according to the SJSC Uzhimprom. The overall project price stands at $980 million, and will be financed with foreign loans and funds of the Uzbek side.

It was previously reported that Navoiazot announced a tender in May 2013 for the construction of a 'turnkey' complex for production of ammonia with a capacity of 900,000 tons and carbamide (urea) with a capacity of one million tons in physical weight.

In January 2014, the tender was recognised as unsuccessful because of the high price tender bids.

Navoiazot (the former Navoi Chemical Plant) was commissioned in 1964. The plant deals with the production of nitrogen fertilizers, nitronic fiber as well as integrated production of organic synthesis.

The carbamide (urea) production in Uzbekistan decreased in 2013 by 6.5 percent, standing at 480,200 tons, according to official stats.

Translated by E.A.

Edited by S.I.