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About

In the framework of bilateral cooperation between the Republic of Uzbekistan and the Republic of Korea, the National Holding Company "Uzbekneftegaz" and the Consortium of Korean companies on a parity basis was established by joint venture in the form of a limited liability company «Uz-Kor Gas Chemical».

The project symbolizes strategic cooperation between the Republic of Korea and the Republic of Uzbekistan

The project is one of the largest investments of Korean companies In whole Central Asian region.


News

According to the Ministry of Economy by 2020 Uzbekistan will increase the polyethylene production by 4.1 times - from 125 thousand tons in 2015 to up to 512 thousand tons in 2019. This increase will be achieved through commissioning of Ustyurt Gas Chemical Complex (UGCC). This year the first 66 thousand tons of polypropylene will be produced. In 2019 the design capacity of polymers production , 83 thousand tons, will be achieved. At Ustyurt Gas Chemical Complex in Surgil field 3.8 bln. cubic meters of sales gas, 387 thous. tons of polyethylene, 83 thous. tons of polypropylene will be produced. According to international news agencies, the demand for polypropylene - the second most wide spread polymer in the world - is annually increasing by 4-6%. In 2015, the global consumption of polypropylene exceeded 60 mln. tons.

The production of this type of products is rapidly shifting towards Asia and the Middle East. The bulk of the realized projects are aimed at meeting the China’s needs, who is expanding its own production.

Polypropylene is used in all dominant industries such as: manufacture of electronics and electrical equipment, mechanical engineering, automotive, instrumentation, transportation, and construction industries. Today, Uzbekistan’s chemical industry, with its significant production, scientific and technical potential and raw materials base, is one of the leading branches of its economy. According to the forecasts of experts the estimated annual growth rate of the global chemical industry will be 2.7%, and by 2030 the volume of world chemical market is forecasted to reach $ 4.391 trillion in value. In turn, the polymers market is gaining momentum in Uzbekistan. Namely, the polymers and synthetic resin are being widely used: linoleum is produced from polyvinyl chloride, insulation materials are produced from polystyrene, building materials from plastics.

Products

Total production capacity of the complex is 387 thousand tons of polyethylene

At the moment, polymer plat produces such brands of polyethylene as FL7000, M8000, MF5000, BL5200, BL6200, J2200, J2210

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Total production capacity of the complex is 83 thousand tons of polypropylene

At the moment, polymer plat produces such brands of the polypropylene are produced J-150, J-160, J-170T, L-270A, Y-120, Y-130, FO-130A, FC-550, FR-160, FR-170H, J-550S, J-560S, J-570S, B-310, B-320, J-320, J-330, J-350, J-360, J-370, JM-370, JM-375, JM-380

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Offtakers

«Uzbekneftegas» JSC

LOTTE CHEMICAL CORPORATION

SAMSUNG C&T CORPORATION

100047, The Republic of UUzbekistan
 Tashkent city, Istiqbol st. 16 
Tel: (99871) 207-27-72
Fax: (99871) 207-27-72 (additional 248)
www.ung.uz
7F-11F, Lotte Tower 51, Boramae-ro 5-gil, Dongjak-gu
Seol, 156-711 Republic of Korea
Lotte Chemical Corporation
Tel: +82-2-829-4114
www.lottechem.com
29th FL., Samsung C&T Corp. Bldg.
1321-20 Seocho 2 dong, Seocho-gu
Seoul, 137-956 Republic of Korea
Tel: +82-2-2145-2692, Fax: +82-2-2023-2692
www.samsungcnt.com