“Karakulkimyo” LLC has become a resident of the Free Economic Zone “Karakul”

“Karakulkimyo” LLC has become a resident of the Free Economic Zone “Karakul”

The project of construction of a chemical complex for production of nitrogen fertilizers “Karakulkimyo” entered the Free Economic Zone (FEZ) “Karakul”. The investor of the project is Ferkensco Management Limited.

“Karakulkimyo” will be one of the largest industrial enterprises in FEZ “Karakul” of Bukhara region and will create around 500 jobs. The production park will comprise 364 units of equipment and will be located on an area of 50 hectares. The chemical complex will produce up to 495 thousand tons of ammonia and 594 thousand tons of urea annually.

The main raw materials for ammonia production are natural gas, atmospheric air and water vapor. Urea is produced by direct synthesis of liquid ammonia and carbon dioxide. The output product will be urea granules ready for use in agriculture.

“The partners of the project are Enter Engineering Group, as well as Swiss company Casale S.A., which as part of this project provides design services and licenses for the use of its own technology for production of this type of chemical product. The exclusivity of the project development is that it allows saving on gas operating costs when producing ammonia, as well as reducing emissions of harmful substances into the atmosphere,” said Timur Juraev, Head of Ferkensco Management Limited’s representative office in Uzbekistan.

Karakulkimyo is scheduled to enter the construction stage in the fourth quarter of 2023, with production opening on January 1, 2026. The volume of investments amounts to 600 million dollars

 

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Ferkensco Management Limited–is an investment company creating a chain of phosphate, nitrogen and potash fertilizer production facilities in the Republic of Uzbekistan. The company’s projects include the construction of chemical complexes in Samarkand, Bukhara, Navoi and Surkhandarya regions.

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Publication date: 8.09.2023