Cyprus’s Ferkensco Management and Russia’s Gazprombank have inked two cooperation deals to finance the construction of a 495,000 mt/y ammonia plant in Uzbekistan’s Syrdarya region and a 900,000 mt/y complex ferts plant in the Samarkand region, according to a report by thetribune.com.
The financial details of the cooperation deals have not been disclosed, but Ferkensco is implementing both projects. The Cyprus-based company acquired Uzbekistan’s state-owned defunct Samarkandkimyo in August 2019, and plans to build the complex fertilizer plant on Samarkandkimyo’s former production site
The ammonia project is already underway, with site surveys reported to have been completed late last year. Discussions with Switzerland’s Casale SA for supply of the ammonia technology are reported to be ongoing.
Commissioning of the complex fertilizers plant is targeted for 2023, according to the report.