Consortium of Japanese companies to build large chemical complex in Uzbekistan

Business Materials 30 July 2015 12:12 (UTC +04:00)

Tashkent, Uzbekistan, July 30

By Demir Azizov- Trend:

A consortium of Japanese companies as a part of Mitsubishi Heavy Industries, Ltd. and Mitsubishi Corporation will build a new chemical complex for production of ammonia and carbamide under the largest chemical plant in Uzbekistan - Navoiazot JSC, the Uzkhimprom State Joint Stock Company, including Navoiazot, said.

Navoiazot signed a contract with the Japanese consortium on "turnkey" conditions, envisaging design, equipment procurement, construction, and commissioning of the chemical complex in operation. The contract value is not specified, the company said.

According to the contract, the consortium will build a facility with a design capacity of 660,000 metric tons of ammonia and 577,500 metric tons of carbamide per year until the end of 2017 by introducing the world's leading licensors' technologies, particularly, ammonia - Haldor Topsoe (Denmark), carbamide synthesis and granulation - Saipem ( Italy), and Uhde Fertilizer Technology (Netherlands).

The main objective of the project is to establish the new production of mineral fertilizers by introducing modern energy saving technologies.

The loans of the Fund for Reconstruction and Development of Uzbekistan and own funds of Navoiazot JSC were determined as the sources of financing.

Moreover, the issue of attracting loans from Japan Bank for International Cooperation (JBIC) is being studied, according to Uzkhimprom.

It is planned to construct the chemical complex for ammonia and carbamide production on the basis of Navoiazot till late 2017 in accordance with Uzbekistan's investment program.

The project cost is estimated at $961.74 million.

The implementation of the project will put obsolete facilities for ammonia production out of commission and ensure a stable output of ammonia for fertilizer production while reducing energy consumption.

Navoiazot plant (previously, Navoi chemical plant) was commissioned in 1964. The enterprise is wholly owned by the state.

Edited by CN