International consortium starts construction of chemical complex in Turkmenistan
Turkmenistan, Ashgabat, Jan.26 / Trend H. Hasanov /
By agreement with the Turkmenkhimia state concern, the Turkish Ronesans Turkmen Inshaat Sanayi ve Ticaret AS and the Japanese consortium Kawasaki Plant Sistems Ltd. and the Sojitz Corporation have started the construction of a large mineral fertilizer production complex in the town of Mary in Turkmenistan, the national television channel Altyn Asir reported.
According to the assessment, the project cost is estimated at $1 billion. Its design capacity is 400,000 tons of ammonia and 640,000 tons of carbamide per year.
The new project will allow the country to take on the challenges facing its chemical industry, to provide agricultural products producers with mineral fertilizers, and to increase the country's export potential. The facility is scheduled to be commissioned in June 2014.
A construction contract was signed between the sides, including the supply, assembly and installation of technological equipment and the term for the demolition of the facilities existing on the site, as well as utility payments and other issues.