Uzbekistan taps Russian financiers for chem plans
Jun 4, 2021 12:45:pm
Summary
by: Joseph Murphy
The developers behind three chemical projects in Uzbekistan signed preliminary agreements on June 4 to obtain financing from Russian lenders.
Jizzakh Petroleum, a joint venture between Uzbekistan s Uzbekneftegaz and Russia s Gazprom, said it had signe.
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Jizzakh Petroleum achieves new milestones in MTO project
TASHKENT, 22 days ago Jizzakh Petroleum has announced significant progress in construction of a new gas chemical complex in Uzbekistan, based on methanol-to-olefins (MTO) technology. Jizzakh Petroleum is a major investor in the project located in the Bukhara region of Uzbekistan, which will use domestic feedstock to enable monetisation of natural gas, via the production of export-oriented and high value-added products in demand within the country. The creation of the future gas chemical complex will lead to the development of the domestic textile industry, as well as import substitution and an increase of production in the automotive and construction industries.
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Jizzakh Petroleum has announced significant progress in construction of a new gas chemical complex in Uzbekistan, based on methanol-to-olefins (MTO) technology.
Jizzakh Petroleum is a major investor in the project located in the Bukhara region of Uzbekistan, which will use domestic feedstock to enable monetisation of natural gas, via the production of export-oriented and high value-added products in demand within the country. The creation of the future Gas Chemical Complex will lead to the development of the domestic textile industry, as well as import substitution and an increase of production in the automotive and construction industries.
Based on in-depth studies and assessments conducted with partner, Wood, six technology licence agreements have been signed in January – early February 2021 with leading international companies: Chemtex, Scientific Design, Versalis, Haldor Topsoe, Grace and Sinopec.
New milestones achieved in Jizzakh Petroleum’s MTO project
TASHKENT, Uzbekistan, February 8, 2021 Jizzakh Petroleum, an oil and gas company focused on developing Uzbekistan’s energy sector, has announced significant progress in the construction of a new gas chemical complex in Uzbekistan, based on methanol-to-olefins (MTO) technology. Jizzakh Petroleum is a major investor in the project located in the Bukhara region of Uzbekistan, which will use domestic feedstock to enable monetisation of natural gas, via the production of export-oriented and high value-added products in demand within the country. The creation of the future Gas Chemical Complex will lead to the development of the domestic textile industry, as well as import substitution and an increase of production in the automotive and construction industries.
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MGI is a leading worldwide distributor of plastic and bio-resins. Over the past three decades, it has built a strong and diverse team with a global sales and procurement network that allows the company to efficiently serve the needs of its customers in over 70 different countries.
AFC EcoPlastics is a Texas-based joint venture subsidiary of Vietnam-based An Phat Holdings. With 13 factories and subsidiaries in Vietnam and one in South Korea, APH sells and distributes products to over 60 countries around the world. APH is a supplier of a range of resins and finished products to some of the world’s largest companies. AFC is responsible for the distribution of its in