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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

For the first time in the UZEX’s history, starting from 19 July 2016, the stock-exchange deals for the sale of polypropylene have been launched. The seller of these new products is JV "UZ-KOR GAS CHEMICAL".

Currently, 7 contracts are open with 1- ton lots for the sale of various grades of polypropylene. Delivery terms - EXW Ustyurt Gas Chemical Complex. The daily placed volume for these contracts is 300 tons.

Following the initial trading results 149 tons of polypropylene of grades Y130, FR-170H and FR160 were sold. The buyers are the companies based in Tashkent city, Samarkand and Khorezm regions. According to the traders and market experts, the emergence of new products on the stock exchange will enhance the development of competition in the market.

In addition, JV "UZ-KOR GAS CHEMICAL" has opened 5 new contracts in the stock market for the sale of polyethylene, grades BL6200, FL7000, J2200, MF5000 and BL5200. We remind that in 2015, JV "UZ-KOR GAS CHEMICAL" started to place liquefied natural gas for stock trades.

For reference: Polypropylene is a synthetic non-polar thermoplastic polymer of polyolefins class. Polypropylene is used in all major industries: manufacture of electronics and electrical equipment, mechanical engineering, automotive, instrumentation, transportation, medical and many others.

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