Uzbekneftegaz: The degree of localization of new types of products is expanding at the enterprises of the system
22/09/2020 19:27
Uzbekneftegaz: The degree of localization of new types of products is expanding at the enterprises of the system
22/09/2020 19:27
Tashkent, Uzbekistan (UzDaily.com) -- In order to accelerate the development of the country's economy in a pandemic, ensure the production of export and competitive industrial products that are in high demand in the domestic and foreign markets, the Working Group of Uzbekneftegaz studied the implementation of new projects at the Uz -Kor Gas Chemical".
At JV Uz-Kor Gas Chemical, discussions were held on the production and export of new types of high-demand products by optimizing imports, expanding inter-industry cooperation ties.
As a result of the work carried out in January-August of this year, the volume of imported products of the enterprise in comparison with the same period last year decreased by US$10.8 million.
Currently, in order to meet the industrial needs of the enterprise, the Uz-Kor Gas Chemical JV is implementing projects to build a high-purity hydrogen and nitrogen storage station with a total cost of US$0.29 million.
As a result of the implementation of these projects, the volume of imports of the industry will be reduced to US$250,000, and 780 cubic meters of high-purity nitrogen and 5,500 cubic meters of hydrogen products will be produced annually.
The working group of Uzbekneftegaz reviewed the progress of construction work on this project and identified the tasks that need to be completed to speed up the work.
In addition, the company is currently developing a project for the production of washing oil for its own needs based on a localization plan and reduction of imports.
The cost of the project is US$18.0 million, as a result of the implementation, 5,000 tonnes of washing oils will be produced per year.
Recall that Uz-Kor Gas Chemical JV was established in 2015 as part of the development of bilateral cooperation between the Republic of Uzbekistan and the Republic of Korea, Uzbekneftegaz and the Consortium of Korean companies on a parity basis.
This modern industrial enterprise annually produces 387 thousand tonnes of polyethylene, 83 thousand tonnes of polypropylene, 102 thousand tonnes of pyrolysis distillates and 8 thousand tonnes of pyrolysis oil.
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