A targeted strategy has been adopted in Uzbekistan to accelerate the development and digitalization of the chemical sector. By 2030, the goal is to at least double production volumes, increase mineral fertilizer output by 1.5 times, and raise export volumes to $ 1 billion.
Currently, 21 major projects totaling $1 billion are underway in the sector, and initiatives are underway to launch an additional $4.5 billion in projects over the next three years.
During the presentation, it was noted that, due to the outdated condition of certain production facilities at large chemical enterprises, energy costs are rising and product competitiveness is declining. For example, in the production of nitrogen fertilizers, such expenses account for up to 55 percent of the cost of goods sold.
It was emphasized that costs must be sharply reduced through the introduction of energy-saving technologies and digitalization.
The global market for chemical products is growing rapidly. Despite demand for $1 billion from neighboring countries and favorable logistics, this potential is not being fully utilized.
It was noted that deep processing of local raw materials can enable the development of new product types and increase export volumes by at least twofold.
This year, projects to produce green mineral fertilizers, cyanide salts, potassium xanthate, potassium sulfate, and other high-value-added products were launched in Tashkent, Navoi, and Jizzakh regions. It was noted that a strategy for expanding exports of these new products should already be considered at this stage.
A target has been set to procure 4.5 million tons of cotton next year.
In this regard, the task was set to form the necessary reserves of phosphate fertilizers and ensure the timely supply of sufficient sulfuric acid to fertilizer producers. It was noted that work must begin immediately to provide farmers with preferential loans for fertilizer purchases.
Emphasizing that the chemical industry is a strategic sector of the national economy, the President issued specific instructions to ensure stable domestic market supply, increase export potential, and create new jobs.
