Uzbekistan's Navoiazot suspends PVC, caustic soda project

11 September 2012 15:30  [Source: ICIS news]

MOSCOW (ICIS)--Uzbeki fertilizer producer Navoiazot has suspended plans to build new polyvinyl chloride (PVC) and caustic soda production facilities, the company said on Tuesday.

ISU Navoi Chemical, a joint venture between Navoiazot and South Korea's ISU, had suspended the project, said Navoiazot. The project would require further review, the company added without disclosing any timeframe.

Navoiazot had previously planned to start construction of new PVC and caustic soda facilities in 2011. The new units were expected to be completed by 2013 at an estimated cost of $180m (€140m) and be able to produce 50,000 tonnes/year of PVC and 32,000 tonnes/year of caustic soda.

Navoiazot currently has the capacity to produce 330,000 tonnes/year of ammonia, 300,000 tonnes/year of ammonium nitrate (AN) and 500,000 tonnes/year of nitric acid.

($1 = €0.78)

By: Sergei Blagov
+44 20 8652 3214

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