Uzbekistan’s Uz-Kor Gas Chemical to shut polymers production in October

27 July 2018 14:07 Source:ICIS News

MOSCOW (MRC)--Uzbek producer Uz-Kor Gas Chemical plans to take off-stream its production of polymers for a turnaround in October, according to ICIS-MRC Price report.

Uz-Kor is a joint venture established by the National Holding Company Uzbekneftegaz and the investment consortium of Korean companies Kogaz, Lotte Group and STX Energy,

According to Uz-Kor’s customers, the firm intends to begin the scheduled maintenance at its high density polyethylene (HDPE) and polypropylene (PP) facilities on 3 October.

The maintenance stoppage is expected to be completed by 27 October.

The company's customers also added that the shutdown might be shifted to other dates, however.

Uz-Kor Gas Chemical was founded on the basis of Ustyurt Gas Chemical Comples (Surgil deposit).

The total cost of the project is over $4bn, and it can process up to 4.5bn cbm (cubic meters) of natural gas and includes HDPE and PP production facilities, with the annual capacity of 386,000 and 80,000 tonnes, respectively.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.

By Sergey Karaichentsev