Turkmenistan increases production of export-oriented polymer products
19:53 27.08.2020 13642
According to the State Statistics Committee of Turkmenistan, in January-July 2020, the production of polypropylene in our country increased by 40.5%, polyethylene - by 140% compared to the same period in 2019. At the same time, the physical volume of polypropylene produced amounted to 71.1 thousand tons, and polyethylene - 137.4 thousand tons.
This dynamic growth is due to the planned reaching full production capacity of the region's largest gas chemical complex in the village of Kiyanly in the Balkan region.
The construction of the gas chemical complex in the Kiyanly settlement was carried out under a contract between the State Concern “Turkmengas” and a consortium of companies Hyundai Engineering Go.Ltd, LG International Corp (Republic of Korea) and Toyo Engineering Corp (Japan).
The enterprise with a production capacity of 381 thousand tons of polyethylene and 81 thousand tons of polypropylene per year was commissioned in October 2018.
This project received a special award from the TXF organization (Great Britain) as one of the ten best projects in Europe and Eurasia in 2014, funded by export credit agencies.
The efficient operation of the Kiyanly Gas Chemical Complex will ensure a stable growth in the production of export-oriented products with high added value in Turkmenistan.
The President of Turkmenistan took part in the first Central Asia-EU Summit and the Samarkand International Climate Forum
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan, took part in the first Central Asia-European Union Summit and the Samarkand International Climate Forum on April 4, TDH reports.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan dismissed the Deputy Chairman of the State Concern «Turkmennebit»
By the Decree of the President of Turkmenistan, Mammedov Toygeldi Bayrammyradovich was dismissed from the post of Deputy Chairman of the State Concern «Turkmennebit» as he failed to cope with the duties assigned to him.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.