JV UZ-KOR GAS CHEMICAL LLC BY ORDER OF CENTROCHEM KIMYA SAN.VE DIS TIC.A.S.

JV UZ-KOR GAS CHEMICAL LLC is a manufacturer (factory).

Company Introduction:

JV UZ-KOR GAS CHEMICAL LLC is a joint venture company established in Uzbekistan, primarily known as the operator of the Ustyurt Gas Chemical Complex (UGCC). This complex is a major industrial facility located in the Kungrad District of the Republic of Karakalpakstan, Uzbekistan.

The company is a collaboration between Uzbekneftegaz (Uzbekistan's national oil and gas company) and a consortium of leading South Korean companies, including Lotte Chemical, KOGAS, STX Energy, and POSCO Daewoo.

JV UZ-KOR GAS CHEMICAL LLC specializes in the processing of natural gas to produce high-value petrochemical products. Its primary output includes polyethylene and polypropylene, which are essential raw materials for various industries such such as packaging, automotive, construction, and textiles. The Ustyurt Gas Chemical Complex represents a significant investment in Uzbekistan's industrial development, aiming to add value to the country's natural gas resources and enhance its chemical industry capabilities.

In summary, JV UZ-KOR GAS CHEMICAL LLC operates a large-scale chemical manufacturing plant.

JV UZ-KOR GAS CHEMICAL LLC, by order of CENTROCHEM KIMYA SAN.VE DIS TIC.A.S., produces or sells:

* Polyethylene

* Polypropylene