China's CAMCЕ to build polyvinyl chloride plant in Uzbekistan
The two companies signed the relevant agreement for the construction process worth $439.8 million.
The Chinese company now will perform full construction of the plant with production capacity of 100 thousand tons of polyvinyl chloride, 75 thousand tons of caustic soda and 300 thousand tons of methanol per year.
Project implementation period covers 36 months, AKI Press reported.
The total cost of the project is $501.1 million that will be funded by foreign loans and own means of the Uzbek side.
Commissioned in 1964, NavoiAzot is the largest chemical company in Uzbekistan. It specializes in production of nitrogen fertilizers, polyacrylonitrile fiber, as well as integrated production of organic synthesis.
Polyvinyl chloride (PVC) comes in two basic forms: rigid and flexible. The rigid formis used in construction for pipe, and in profile applications such as doors and windows. It is also used for bottles and other non-food packaging, and cards. It can be made softer and more flexible by the addition of plasticizers, the most widely used being phthalates. In this form, it is also used in plumbing, electrical cable insulation, imitation leather, signage, inflatable products and many applications where it replaces rubber.