Uzbekistan to Build a New Petrochemical Plant to Use MTO Technology

The facility will manufacture high-performance polymers used in several sectors of economy and other high value products, such as:  synthetic rubber, high quality plastics etc. The facility will manufacture high-performance polymers used in several sectors of economy and other high value products, such as:  synthetic rubber, high quality plastics etc. The facility's location will be announced in due course and will ensure access to competitive feedstock and energy, with suitable...

The facility will manufacture high-performance polymers used in several sectors of economy and other high value products, such as:  synthetic rubber, high quality plastics etc.

The facility's location will be announced in due course and will ensure access to competitive feedstock and energy, with suitable infrastructure, to better serve domestic customers and markets across Europe and Asia.

The Minister of Energy of Uzbekistan, Mr. Alisher Sultanov, said:

"The decision to build this plant is another step to drive Uzbekistan's petrochemicals growth strategy and continue on the path of increasing exports of value-added products as well as raw materials. This project will help to build Uzbekistan's competitiveness as a player on the international stage."

The Group of investors jointly commented:

"We are delighted to take the first step in supporting a new petrochemical plant in Uzbekistan. As a group of investors, we are keen to support projects that offer a positive return on investment whilst also being strategically attractive for the country of Uzbekistan."

Further Information

Spokesperson for the Ministry of Energy of the Republic of Uzbekistan
Sabina Sagadeeva
+998-903-292-906
[email protected]  

Elena McGugan
+44-(0)-793-252-4760 
[email protected]