Kungrad soda plant in Uzbekistan to reach its design capacity by year end

Kungrad soda plant in Uzbekistan to reach its design capacity by year end

Uzbekistan, Tashkent, Nov. 6 /Trend D.Azizov/

Kungrad soda plant with the design capacity of 100,000 tons of soda ash annually will reach its design capacity by the year end, a representative of the plant said told Trend.

This plant is the only enterprise producing soda ash in Central Asia. It was commissioned on August 2008.

Citic was engaged in the design and "turnkey" construction of the technological side of the enterprise at a cost of $32.3 million and funded at the expense of the Chinese Industrial and Commercial Bank's loan under insurance coverage of China Export and Credit Insurance Corporation (90 percent of contract cost) and a loan from the Uzbek Uzpromstroybank (10 percent of contract cost).

It was previously reported that China's CITIC signed a contract on the design and equipment supply to increase the capacity of Kungrad soda plant by 1.5 times to 150,000 tons per year with the State Joint-Stock Company Uzhimprom in June 2012.

The project's implementation period is two years. The contract value was not disclosed. Uzhimprom's units will deal with construction operations

Chinese Exim Bank and Uzbek Industrial and Construction Bank signed a loan agreement to the sum of $77 million to finance the project. The loan is being been delivered over 20 years, including a five-year grace period. The interest rate was not disclosed.

Besides the Chinese Eximbank loan, the project worth $110 million will be financed by a loan from the Reconstruction and Development Fund and Uzhimprom's own funds.

The soda plant capacity will be expanded by increasing the production of limestone in the Jamansay quarry and technical salt at the resource base of the Kungard soda plant at the Barsakelmes field in Karakalpakstan (an autonomous republic in north-western Uzbekistan).

Explored reserves of salt field Barsakelmes exceed 130 million tons of salt, limestone deposit Dzhamansay - about 70 million tons.

The main consumers of soda plant in the country are the enterprises of household chemicals and building materials, including the production of various types of glass.

Today the needs of the domestic market are estimated at 70-80 million tons, the remaining volume of output will be exported.

Precious metal prices in Azerbaijan up
Precious metal prices in Azerbaijan up
Visa company working to promote contactless payments in Azerbaijan
Visa company working to promote contactless payments in Azerbaijan
ADB supports Azerbaijan in development of tourism sector
ADB supports Azerbaijan in development of tourism sector
Loading Bars
Latest
Chairman of Bosnia and Herzegovina's Presidentcy sends letter to President Ilham Aliyev
Kazakhstan, UAE trade down amid COVID-19
Iranian Energy Exchange announces products to be on sale September 30
Special meeting of OSCE Permanent Council held on situation in Nagorno-Karabakh context
Mehriban Aliyeva: “May the Almighty grant every Azerbaijani the chance to kiss the sacred Karabakh soil!”
Emissions crunch drives VW to overhaul its supercar strategy
Azerbaijani Prosecutor General's Office reveals latest data on losses due to Armenia’s attack
Precious metal prices in Azerbaijan up
Azerbaijani president: Over 20 civilians have been injured - this again shows Armenian criminal regime's fascist nature
President Aliyev made speech during “Financing the 2030 Agenda for Sustainable Development in the Era of COVID-19 and Beyond” (PHOTO)
Azerbaijani defense ministry: Armenia continues to spread false information
Ministry: Jordan concerned about development of events in Nagorno-Karabakh region
Reuters fact-checks images of "Azerbaijani aircraft" shot down amid Karabakh conflict escalation
Visa company working to promote contactless payments in Azerbaijan
ADB supports Azerbaijan in development of tourism sector
France, Russia, US doing everything to restore dialogue on Karabakh conflict
Expert: Georgia has two positions regarding Nagorno-Karabakh conflict
Georgia reveals volume of processed grapes as of Sept.29
Volume of cargo loaded, unloaded at Iran’s Bushehr port announced
Pakistani ambassador: We are happy to say that Karabakh is Azerbaijan!
Defense Ministry: No problems with medical, blood supplies in Azerbaijani army
Azerbaijan realizes its right to defend and repel aggression in accordance with international law - embassy in Georgia
Iran Mercantile Exchange discloses its sales details
Georgian Mtis Tskali to become market leader
President Ilham Aliyev: Pashinyan's dictatorial regime threat to peace, security in region
Uzbekistan, Tajikistan eye to increase turnover
Azerbaijani president: Islamophobic and Azerbaijanophobic policies have already become the official ideology of Armenia
Azerbaijani president: Armenia's dictatorial regime must be stopped, and if international community does not stop them, Azerbaijan will
IMF: Baku-Tbilisi-Kars railroad boosts Georgia’s transit prospects
Operation “Fly-Out”
Angela Merkel makes phone call to President Ilham Aliyev
Azerbaijani Parliament's speaker, OSCE PA president discuss situation on Karabakh conflict
Turkey always next to Azerbaijan in its just struggle - presidential adviser
Azerbaijan confirms 102 more COVID-19 recoveries
Turkmenistan significantly increases import of flour products from EAEU countries
Trend News Agency's chief editor informs Arab world on Karabakh conflict via TV, radio programs (PHOTO/VIDEO)
Prosecutor General's Office talks total damage following Armenia’s attack
Azerbaijani Army’s artillery units inflict crushing blow on Armenian armed forces (VIDEO)
Armenian leadership makes completely absurd statements on negotiation process - Ambassador
Iran’s Bahar Azadi gold coin price keeps rising
OSCE Permanent Council to discuss recent developments in Nagorno Karabakh conflict context
Uzbekistan’s energy sector attracts UK's business
Head of Turkish delegation to IPU phones Azerbaijani Parliament's speaker
Iranian banks provides loans in large amount to services sector
UN High Commissioner calls on Armenia, Azerbaijan to ensure protection of civilians
Many Azerbaijanis in Russian Moscow appeal to embassy to sent them to front
Georgia sees increase in fuel prices
EAEU countries increase exports of sugar products to Turkmenistan
Turkey discloses volume of cargo movement via its ports from US
Turkish Justice & Development Party: Attack on Azerbaijan - attack on us
Iranian gov't spokesman talks on Azerbaijan's territorial integrity amid recent armed clashes
Azerbaijani Karabakh community appeals to int'l organizations
Azerbaijani Defense Ministry: S-300 air defense systems moving out of Armenia to be destroyed as soon as they enter occupied lands
Consul: Hostilities caused by lack of progress on negotiation process between Armenia, Azerbaijan
EU to assist Georgia in coping with COVID-19 outbreak and its impact on country's economy
Kazakhstan's export to Switzerland plummets amid COVID-19
Online payments through VISA payment cards growing in Azerbaijan
Minister: If necessary Georgia to subsidize increase in food prices again
First ever online action for subsoil use to be held in Kazakhstan
Walmart in talks for up to $25 billion investment in Tata's 'super app': Mint
Turkish FM: World community must not compare Armenia and Azerbaijan
Appointment of Iranian president's nominee approved by Iranian parliament
Hoagland: Armenia invaded sovereign territory of another sovereign state, Azerbaijan
Turkmen scientist talks possibility of Turkmenistan’s national economy saturation
Cekuta: Occupation of Nagorno-Karabakh, surrounding territories undermines peace, security in Europe
Freight traffic from Russian railway landfill to Azerbaijan reduces
Visa launching projects in Azerbaijan
Uzbekneftegaz to buy computer equipment via tender
Ambassador to Russia: None of Azerbaijani bombs fall on Armenia’s territory
Azerbaijani Defense Ministry: Armenian regiment in Madagiz demoralized
Iran reveals its COVID-19 data for September 29
Uzbekistan to expand agriculture products range on German counters
Russia's State Duma members urged to contribute to settlement of Karabakh conflict
Pakistan, Turkmenistan to continue increasing bilateral cooperation
Embassy dismisses rumors of Armenia receiving arms through Iran's territory
US Secretary of State makes statement on recent Armenia-Azerbaijan clashes
Russian State Duma expresses readiness to promote peaceful settlement in Karabakh
Iran denies transportation of arms through its territory
Russian newspaper posts video footage from occupied Azerbaijani Nagorno-Karabakh region
Mining sector continues leading in Baku's industrial production
Azerbaijan’s Goranboy district executive power: No one leaves villages
Azerbaijani Defense Ministry: Commander of Armenian Armed Forces’ regiment severely wounded
Azerbaijani Foreign Ministry, Prosecutor General's Office issue joint statement (PHOTO)
Weekly review of events in Azerbaijani financial market
Aghdam district executive power: Armenians continue shelling Azerbaijani settlements
Defense ministry: Azerbaijani army repels Armenian armed forces’ counterattack
Azerbaijani Defense Ministry: Armenian armed forces’ command and observation post destroyed near Hadrut settlement
Iran’s CBI: loans issued to housing & construction sector
Azerbaijan expands co-op with Germany on aluminum industry development
Georgian TBC Bank leads by asset volumes
Export volume of meat products from Turkmenistan to Georgia announced
Uzbekistan eyes to increase digital economy share in country's GDP
Tires manufacturing to be launched in Kazakhstan in co-op with Russian TATNEFT
Progress on Aman Oil Pumping Station construction in Kazakhstan revealed
Amount of loans issued to trade sector in Iran revealed
Azerbaijan talks on use of helicopters in operations against Armenian attacks
Armenian military objects destroyed - Azerbaijani ministry
Azerbaijani defense ministry: another tank of Armenian armed forces destroyed
Azerbaijani Defense Ministry: another Armenian officer killed
Demand of Azerbaijani commercial banks increases
All news