This region, with a developed industry, is essential to the country’s economy. The number of new enterprises has been increasing in recent years thanks to economic and investment opportunities.
The Head of state got acquainted with the activities of the joint venture Uzbekistan Hydrogen Peroxide in the city of Navoi.
Hydrogen peroxide is widely used by enterprises. The annual demand for this chemical compound in the country’s industries averages more than 15,000 tons. This popular product is produced at the joint venture Uzbekistan Hydrogen Peroxide, which began its activities this year.
As part of the project worth about $30 million, a plant was built, and modern equipment from China, India, Türkiye, Germany, Italy, and Sweden was installed. About 80 people are employed. The enterprise is capable of producing 30,000 tons of hydrogen peroxide per year.
This compound is used in chemical, metallurgical, electrical, pharmaceutical, textile, food, agricultural, and other industries. In particular, it is actively used in the production of paper, household and chemical products, uranium, and cobalt mining. It is also used as a packaging cleaner and bleach for artificial and synthetic fibers.
The main thing is high economic efficiency. Here, natural gas is deeply processed and turned into a market product. For example, a 60% hydrogen peroxide solution creates three times more added value in medicine and twice as much in household chemicals.
The enterprise’s laboratory also has the most modern equipment. It conducts an analysis every hour, which is essential for continuous quality control of the products.
The Head of state got acquainted with the technological process at the enterprise and talked with specialists.
“The goal of each project is to create a high income and add value. In this context, this enterprise is of particular importance. Now, to ensure production stability and increase customer confidence, it is necessary to guarantee reliable supplies of raw materials. Within the framework of the localization program, it is possible to provide for preferential lending”, Shavkat Mirziyoyev noted.
Responsible persons have been instructed to increase the number of such projects using this enterprise as an example and to support entrepreneurs.
Until now, hydrogen peroxide has been imported to Uzbekistan from abroad at great expense. Now, domestic products will fully cover domestic demand and even replace imports. At the same time, the enterprise has no analogs in the region.
Half of the volume of manufactured products is supplied to the domestic market, and the rest to the CIS and European countries. In a short time, almost $1.5 million worth of exports were carried out. The enterprise’s annual export potential is $10 million.
For the storage and delivery of these liquid chemical products, the production of plastic molded containers has been established here. Solar panels with a capacity of 27 kilowatts have been installed to provide the enterprise with alternative energy.
Notably, there was no private sector in Uzbekistan’s chemical industry previously. This enterprise is one of the business entities that has entered the sphere in recent years.
Information on projects to further expand the enterprise’s activities is also presented here.
In particular, together with the Turkish company Orbak Metal Industry, the capacity for the production of hydrogen peroxide is planned to increase to 45 thousand tons, and a food industry project in the adjacent territory is planned.
