By the end of 2016, the construction of a large-scale plant for the production of potassium sulfate in the chemical industry of Uzbekistan will be completed at JSC “Electrokimzavod” “Navoi”.
According to official sources, Navoi’s partner is China’s Jiangsu Right Machinery Group.
The cost of the project is $ 10 million, of which $ 1 million is the company’s own funds, $ 4 million – loans from commercial banks and $ 5 million – foreign investments and loans.
The new production capacity is 20,000 tons of potassium sulfate per year.
The main consumer of potassium sulfate is agriculture. Potassium sulfate is a valuable fertilizer without chlorine. This has a much more effective effect on the size and quality of the crop when using nitrogen and phosphorus fertilizers.
Potassium sulfate increases the amount of sugar and vitamins in the grown product.
Navoi Electrochemical Plant was established in 1971 for the production of plant protection chemicals for Central Asia and other neighboring countries – insecticides, herbicides, fungicides.
In 1994, the Uzbek-Panamanian Closed Joint-Stock Company was established on its basis.
Some of the drugs are manufactured by the plant under licenses of registered companies: Dalston Associ SA (Panama), Syngenta (Switzerland), BASF (Germany), FMC (USA), United Phosphorus (India), AJ August »( Russia), using the company’s trademarks, Scelkovo Agrochem OJSC (Russia), Keminova Agro (Denmark) and others.
The main domestic consumers of products are agriculture and Navoi TPP, importers are Tajikistan and Kazakhstan.