President reviews the activity of a joint enterprise in chemical industry

31 Oct 2024

President of the Republic of Uzbekistan Shavkat Mirziyoyev arrived in Navoi region on October 31.

This region with developed industry occupies an important place in the economy of our country. Thanks to economic and investment opportunities, the number of new enterprises has been increasing in recent years.

The Head of our State was familiarized with the activities of the joint venture “Uzbekistan hydrogen peroxide” in Navoi city.

Hydrogen peroxide is widely used by enterprises. In general, the annual demand for this chemical compound in the industries of our country averages more than 15 thousand tons. This demanded product is produced at the joint venture “Uzbekistan hydrogen peroxide”, which started its activity this year.

Within the framework of the project worth about $30 million, the plant was built and modern equipment from China, India, Türkiye, Germany, Italy and Sweden was installed. About 80 people are employed. The enterprise is capable of producing 30 thousand tons of hydrogen peroxide per year.

This compound is used in chemical, metallurgical, electrical, pharmaceutical, textile, food, agricultural and other industries. In particular, it is actively used in the production of paper, household and chemical products, uranium and cobalt mining. It is used as a package cleaner, bleach for artificial and synthetic fibers.

Most importantly, high economic efficiency. Here, natural gas will be deeply processed and turned into a marketable product. For example, a 60 percent solution of hydrogen peroxide creates three times more added value in medicine and twice as much in household chemistry.

The company’s laboratory is also equipped with the most modern equipment. It is analyzed every hour, which is important for constant quality control of the products.

The Head of State familiarized himself with the technological process at the enterprise and talked to the specialists.

– The goal of every project is high income and creation of added value. In this context, this enterprise is of particular importance. Now it is necessary to guarantee reliable supplies of raw materials to ensure the stability of production and increase the confidence of customers. Within the framework of the localization program, preferential lending can be envisaged,” –  said Shavkat Mirziyoyev.

Half of the output is supplied to the domestic market and the rest to CIS and European countries. In a short time almost 1.5 million dollars worth of exports have been made. The annual export potential of the enterprise is 10 million dollars.

For storage and delivery of these liquid chemical products the production of plastic molded containers has been established here. Solar panels with a capacity of 27 kilowatts have been installed to provide the enterprise with alternative energy.

It is noteworthy that previously there was no private sector in the chemical industry of our country. This enterprise is one of the business entities that have entered the field in recent years.

Information about the projects aimed at further expansion of the enterprise’s activities was also presented here.

In particular, with the Turkish company “Orbak Metal Industry” it is planned to increase the capacity of hydrogen peroxide production up to 45 thousand tons, as well as to organize a food industry project on the adjacent territory.

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