Industrial gas major Air Products and the government of Uzbekistan have agreed to accelerate the implementation of several industrial projects, including the construction of a gas chemical complex in the Bukhara region.
Known as the Gas Chemical Complex MTO Central Asia, the facility will use methanol-to-olefins technology to convert natural gas into polymers and other petrochemical products.
Once in operation, the complex is expected to produce around 1.1 million tonnes of polymers per year and will consume approximately 1.3 billion cubic metres of natural gas annually. Developers have described it as set to become the largest polymer production facility in Central Asia.
While some project documents reference a cost figure of $5.2bn, many industry sources place the investment closer to $3bn to 3.3bn.
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