Uzbekistan plans to develop a program to establish production of at least 100 brands in the household chemicals sector. This was announced by President Shavkat Mirziyoyev on June 2 at a meeting dedicated to the development of the chemical industry.
According to official estimates, the country imports household chemicals worth $300 million annually. The regional market for these products is estimated at $2 billion.
As an example, an entrepreneur operating in the Angren free economic zone who has partnered with the world-famous company Henkel was cited. Henkel has now acquired this enterprise and plans to supply its products to the CIS markets.
To increase the number of such projects, areas of one of Tashkent's industrial zones will be allocated for household chemical projects. Additionally, $50 million is planned to be directed to projects with the condition that the launched enterprises will later be sold to the private sector as a ready-made profitable business along with the brand.
For similar projects in other regions, $15 million will be allocated from the Industrial Cooperation Fund. Overall, responsible officials have been tasked with developing a program to launch production under at least 100 new brands in the household chemicals sector.
The meeting also reviewed prospects for mineral fertilizer production. According to analysis, global demand for them is growing by 5% per year and will exceed $260 billion by 2030. The need for water-soluble fertilizers is growing rapidly due to the introduction of new agricultural technologies.
Following negotiations with investors, agreements were reached to implement a project in Kashkadarya region worth $114 million with an annual capacity of 230,000 tons, and a project in Syrdarya region worth $400 million.
Overall, officials and governors have been tasked with launching 42 projects worth $2.8 billion in the next three years. These projects are expected to increase nitrogen fertilizer production from 2.8 million to 4 million tons, phosphorus fertilizers from 400,000 to 900,000 tons, and water-soluble fertilizers from 100,000 to 400,000 tons by 2030.
Earlier, the head of state noted that the chemical industry's products do not cover even 60% of domestic demand, and imports have reached $4.5 billion per year. The president ordered the launch of 10 small-tonnage chemical projects worth $1 billion near the Navoiazot plant. Projects for deep processing of mineral raw materials are also being planned.
Source: www.gazeta.uz