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 💰 OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company 🌍 Ex...
Inside This Issue 🌍 EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland 💧 Hydro...
Inside This Issue 🌍 Technip Energies and Shell Catalysts & Technologies Join Forces to Advance Carbon Capture Solutions ⚡ FuelCell Energy Announces Global Restructuring, Focusing Core Technolo...
'Project Concho' Combines Proven DAC Technology, New Local Wind Power And Texas' Carbon Storage Capacity SAN ANGELO, Texas, Nov. 21, 2024 /PRNewswire/-- Carbon capture and removal project develope...
Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project
THE WOODLANDS, Texas, & HOUSTON-- Clean Hydrogen Works (CHW) and McDermott announce that CHW has awarded McDermott the front-end engineering and design (FEED) contract for the Ascension Clean E...
xStorage battery energy storage system helps maximize onsite renewables, reduce energy costs and decarbonize power systems Eaton’s national network of engineers, digital monitoring and managem...
Sustainability leaders can pioneer the new program by joining the limited pilot launch ST. LOUIS--(BUSINESS WIRE)-- Bayer announced today an expanded approach to its programs that sequester carbon...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.