UzKimyoSanoat (transl. UzChemical Industry) and Samsung Engineering signed an agreement on implementation of $556 million total worth of four projects:
- Modernization of ammonia and carbamide production facilities at FerghanaAzot worth of $91 million project.
- Modernization of the ammonium nitrate AC 72M and non-concentrated nitric acid AK 72M production facilities at FerganaAzot $15.0 million worth of project.
- Launching of $ 300 million 300.0 thousand ton ammonia production in Almalyk project.
- Launching of $ 150 million 350.0 thousand ton carbamide production in Almalyk project.
$321 million worth of loan funds will be drawn to implement the projects.
