Published by Todd Bush on May 25, 2023
TASHKENT, Uzbekistan, May 25, 2023 /PRNewswire/ -- Uzbekistan's Gas Chemical Complex MTO Central Asia LLC, an innovative leader in polymer production, has signed an industrial gas processing agreement with Air Products to build a methanol production facility. Known as Methanol Island, the facility would have a capacity of 1.34 million tons per year, as a part of the Methanol-to-olefin (MTO) gas chemical complex in Uzbekistan.
>> In Company Spotlight: Air Products & Chemicals Inc.
The facility, to be built in the Karakul Free Economic Zone situated in Uzbekistan's Bukhara region, will cover 15 hectares. It is planned to enter operation in 2025 for an expected operational life of 25 years.
Using world leading innovative technologies, Uzbekistan's GCC MTO complex (unlike traditional MTO facilities that use less environmental-friendly coal) is designed for deep processing of specific natural gas with a low content of valuable components into high value polymer products with a production capacity of over 1,110,000 tons per year. The company will produce:
Local production will help Uzbekistan reach its goal of diversifying the economy, substitute imports and potentially export products to other regions.
The methanol facility would ensure the sustainable supply of methanol, hydrogen and other industrial gases such as oxygen and nitrogen, which are essential for the MTO gas chemical complex's production processes.
>> In Other News: Air Products to Acquire, Own and Operate Industrial Gas Complex at Uzbekneftegaz's Advanced Gas-to-Liquids Facility in Uzbekistan for US$1 Billion
Masrur Shakirov, General Director of the Gas Chemical Complex MTO, said: "We are delighted to be working with Air Products, the world's leading industrial gases company, as partners in the complex. Air Products has established itself as a reliable supplier of proven solutions that can guarantee us both the high quality and required volume of products we need. Air Products' investments highlight the degree of interest shown by international companies in Uzbekistan's industrial development opportunities."
The official signing ceremony was held in Tashkent City Congress Hall.
When completed, the Methanol Island facilities would include the following areas:
The MTO gas chemical complex will become the largest producer of polymer products in Central Asia with a capacity of 1100,000 tons / year. The company will produce four types of products: polypropylene (250,000 t / g), low-density polyethylene (80,000 t/g), ethylene vinyl acetate (100,000 t/g) and polyethylene terephthalate (300,000 t/g).
The following companies are working on the MCC MTO project: John Wood Group Plc (UK and Italy), Air Products (USA), Topsoe (Denmark), Koch Industries Inc. (USA), Chemtex Global Corp. (USA), Scientific Design (USA), Versalis (Italy), Sinopec (China) and Grace Catalysts Technologies (USA).
SOURCE Gas Chemical Complex MTO Central Asia LLC
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌱 Why Gevo's Live BECCS Project Changes Everything 🛢️ Alternative Carbon Carrier Technology Could Improve Both Oil Production and Carbon Storage 🌊 Hyundai Engineering & Const...
Inside This Issue 🌽 EPA's Bold Move: Cutting Import Credits to Boost U.S. Biofuel Output 🔬 Enertopia Announces Oxyhydrogen Mobile Lab in Operation 💰 Emissions Tech Venture Secures UK Grant for Sou...
Inside This Issue 🏦 Corporate Giants Signal DAC Market Is Ready for Prime Time ⚗️ Thyssenkrupp Nucera Abandons US Green Hydrogen Projects No Longer Deemed Feasible - CEO 🏭 Mission Zero Opens Third...
NEW YORK -- Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, announced today that it has entered into a definitive agreement to acq...
Coastal Bend LNG and Solvanic Announce Carbon Capture FEED Study
HOUSTON-- Coastal Bend LNG, developer of a multi-train natural gas liquefaction and export facility along the Texas Gulf Coast, today announced it has commenced a front-end engineering and design (...
RICHLAND, Wash.--(BUSINESS WIRE)--OCOchem, a rapidly scaling pioneer of CO2 electrolysis and conversion technologies, today announced production partnership agreement with ADM (NYSE: ADM), a global...
Advent Technologies and Stralis announce Pioneering Relationship to Advance Hydrogen Electric Flight
LIVERMORE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sector, is supplying its ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.