11.07.2024

President Shavkat Mirziyoyev reviewed the operations of the joint-stock company "Indorama Kokand Fertilizers and Chemicals."

The chemical industry in Uzbekistan is rapidly developing, with production nearly doubling in the last five years to reach 45 trillion sums. Notably, mineral fertilizer production has increased by 17%, exceeding 1.4 million tons annually, driven by effective investment projects.

To financially rehabilitate and diversify the former Kokand Superphosphate Plant, it was sold in 2019 to the Singaporean company "Indorama Holdings BV" with investment commitments. The new enterprise, "Indorama Kokand Fertilizers and Chemicals," has attracted $70 million in foreign investment and modernized its production. Advanced equipment from leading companies in Spain, the USA, China, India, Turkey, and Russia has been installed, creating an additional 150 jobs.

In 2021, the first phase of modernization established production of ammoniated superphosphate, water-soluble complex mineral fertilizers, and nitrogen-phosphorus-potassium (NPK) fertilizers. The plant's capacity increased from 75,000 to 450,000 tons per year.

Raw materials are supplied by local enterprises, such as phosphorite flour from Kyzylkum, sulfuric acid from Almalyk, ammonium sulfate from Chirchik, and ammonia from "Ferganaazot" and "Navoiazot," helping maintain low production costs.

Another important aspect is the reduction of electricity and natural gas consumption by 35-40% as a result of modernization. Additionally, a four-stage cleaning system has been implemented in the main production workshops to prevent environmental pollution, replacing the previous two-stage system.

The plant is capable of exporting products worth $30 million annually, currently supplying mineral fertilizers to 16 countries across the CIS, Europe, Africa, and Asia.

The President toured the facility and observed the production process. It was noted that the enterprise should evolve into a major chemical cluster, serving as both an economic and social model. Discussions also focused on the prospects for building modern housing, schools, and hospitals for the plant's workers and their families.

The enterprise is steadily progressing with further development stages. The second phase has attracted $50 million in investments and includes modern technological equipment from Switzerland, Germany, India, China, and Italy. This phase will produce potassium sulfate, sulfuric acid, and ammonium-chloride fertilizers valued at $24 million annually, creating 120 new jobs.

The third phase is planned for 2025-2028, which will establish production of mono- and dicalcium phosphates, potassium nitrate, NPK complex mineral fertilizers, calcium chloride, monoammonium phosphate, and monopotassium phosphate. The project cost is estimated at $100 million, with 235 jobs to be created.