Tashkent — Singapore’s Indorama Corp. continues to expand its global fertilizer presence, and has acquired – via Indorama Ventures plc – a controlling share in a new fertilizer joint venture being created in Uzbekistan. The new enterprise is being established at the JSC Kokand Superphosphate Plant in the eastern city of Kokand, and Indorama will hold a 75 percent stake in the project, according to the Uzbekistan Today news agency. Indorama Kokand Fertilizers will produce mineral fertilizers using the latest technologies, according to the news agency, citing the press service of Uzbekistan’s Competition Committee. Some $80 million is set to be invested in the project, which will be implemented in several phases within five years. Project plans also include the production of other mineral fertilizers not previously produced in Uzbekistan, such as dicalcium phosphate, potassium sulfate, and potassium nitrate, according to the Uzbekistan Today report.
Transparency Across the Fertilizer Value-Chain