Uzkimyosanoat State Joint-Stock Company

Chemical Industry of the Republic of Uzbekistan

2012

Introduction Chemical industry of the Republic of Uzbekistan includes enterprises, producing mineral fertilisers, chemical plant protection agents, chemical fibres and threads, synthetic resins, polymeric items and other products. The main activity of Uzkimyosanoat SJSC consists in managing the state share fraction of chemical enterprises in Uzbekistan.

Slide № 2

Main types of manufactured products

Mineral fertilisers and inorganic products

Nitrogen, phosphate and potassium fertilisers

Ammonia

Organic chemistry, synthetic threads and polymeric materials

Cellulose and cellulose acetate

Fibres, acetate threads

Chemicals for energetic and chemical industries, as well as for goldmining Cyanic sodium, thiourea, polyacrylamides

Polyethylene products

Crop protection products

Nitric, sulphuric and hydrochloric acids

Catalysts Caustic soda and soda ash

Chemical plant protection agents

Magnesium chlorate defoliant

Acetic acid, acetylene and other products

Slide № 3

Structure of manufactured products Other 15 % Chemical fibres 3% Chemical plant protection agents 6%

Nitrogen fertilisers 60 %

Phosphorus fertilisers 16 %

Slide № 4

Growth dynamics for number of countries and exportoriented products Number of products

Number of coutnries

50

45

45 40

35 35 30

36

38

40 37

42

42

39

32 28

26

25 20 15 10 5 0 2006

2007

2008

2009

2010

2011

Slide № 5

Main directions of chemical industry development

Modernisation and technological upgrade of existing productions Diversification of chemical products Construction of modern productions with phased removal of out-dated facilities Creation of new high-technological chemical products manufacture for both internal market and exports Slide № 6

Investment characteristics of the chemical complex The Programme of Chemical Industry Development of the Republic of Uzbekistan in 2011—2015 (Decree of the President of the Republic of Uzbekistan № 1442, dated 15 December 2010) Includes 30 projects to the total cost of approximately 2,8 billion USD, among them: •7 projects, being implemented, to the total cost of 1 632,1 mil. USD; •9 projects, being elaborated, to the total cost of 421,5 mil. USD; •14 prospective projects to the total cost of 813,5 mil. USD. Slide № 7

Strategically important investment projects Total cost (mil. USD)

Annual designed capacity

Implementation period

1

Expansion of production capacities of Dehqonobod Potassium Fertilisers Plant production capacities (stage II)

254,8

expansion from 200 to 600 thousand tonnes

2011— 2013

2

Expansion of soda ash production at Qunghirot Soda Plant UE

109,5

expansion from 100 to 200 thousand tonnes

2012— 2015

3

Construction of ammonia and urea production complex in Navoiy Region

962,0

ammonia — 660 000 t; urea — 577 500 t

2012— 2016

4

Creation of polyvinyl chloride (PVC), caustic soda and methanol production complex on the basis of Navoiyazot OJSC

536,0

PVC — 100 000 t; caustic soda — 75 000 t; methanol — 300 000 t

2012— 2015

5

Establishing of automobile tyres production on the basis of liquidated Rezinotehnika OJSC

230,0

3 mil. pieces

2012— 2015

№

Name

Slide № 8

Investment project, proposed for joint implementation

Construction of complex mineral fertilisers production plant in Navoiy Region

Slide № 9

Factors, favourable to project implementation The availability of local production of the following components will ensure the establishing of NPK (nitrogen, phosphorus, potassium) fertilisers production: • The

country

has

sufficient

resources

of

phosphate

feedstock

(384,4 mil. tonnes of ore, 74 mil. tonnes of P2O5 reserves; the average content of P2O5 is 19,2 %).

• Uzkimyosanoat SJSC has productions of phoshprus fertilisers at Ammophos-Maxam OJSC, Quqon Supersphophate Plant OJSC, Samarqandkimyo OJSC (total production capacities are 280 000 tonnes per year). • Uzkimyosanoat SJSC has productions of nitrogen fertilisers at Navoiyazot OJSC, Maxam-Chirchiq OJSC, Farghonaazot OJSC (total production capacities are 1,04 mil. tonnes per year).

• In 2010 Uzkimyosanoat SJSC established the production of potassium fertilisers at Dehqonobod Potassium Fertilisers Plant UE (total capacity is 200 000 tonnes per year, the expansion of capacity up to 600 000 tonnes per year is carried out). Слайд № 10

Project implementation schedule The project is planned to implemented in two stages:

Payback period

10—11 years

6 years

Слайд № 11

Project cost Estimated capital expenditures on complex fertilisers production project mil. USD Name of objects

1st stage

Equipment

Construction and installation works

Other

Subtotal

Mining and processing complex

219,3

95,9

14,4

329,6

Phosphoric, sulphuric acids and MAP productions

343,3

157,3

18,2

518,8

26,5

12,0

1,5

40,0

589,1

265,2

34,1

888,4*

2nd stage NPK plant Total

* Comment. Excluding external infrastructure objects (electric power, natural gas, water, railway, motorway, communication, accommodation).

The project is planned to be financed by the means of the Fund of Reconstruction and Development of Uzbekistan, credits of commercial banks, foreign investments and credits. Слайд № 12

Areas of cooperation Uzkimyosanoat SJSC is interested in cooperation with foreign partners in following directions: • establishment of joint venture; • supply of technologies; • project financing (investments and loans); • product marketing. Слайд № 13

Uzkimyosanoat State Joint-Stock Company

Uzkimyosanoat SJSC Republic of Uzbekistan, 100011, Tashkent , Navoiy Street, 38 Tel.: (+998-71) 140-74-02, 140-74-85 Fax: (+998-71) 140-74-01 E-mail: [email protected], [email protected] http://www.uzkimyosanoat.uz Slide № 14