Lotte Chemical has completed building the Ustyurt Gas Chemical Complex in Uzbekistan, completing a 10 year-old project known as Surgil. The Surgil project was launched in 2006 by a Korean consortium comprising Lotte Chemical, Korea Gas Corporation and GS E&R. The consortium established a joint venture, the UZ-Kor Gas Chemical LLC, with an Uzbekistan state-run company Uzbekneftegaz. The consortium financed 50% of the project, and the Uzbekistan company financed the rest to develop a gas chemical complex to produce products such as high-density polyethylene (HDPE) and polypropylene (PP) in facilities on about 245 acres of land.
The company said the plant is currently undergoing a trial run and will start commercial production in January. It said the HDPE and PP plants were built with its in-house technologies and are Korea’s first petrochemical technology exports to the global market.
The facilities are the biggest basic industrial plant built in Uzbekistan.
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