Chemical Industry of the Republic of Uzbekistan Uzkimyosanoat State Joint-Stock Company Chemical Industry of the Republic of Uzbekistan 2012 1

Introduction Chemical industry of the Republic of Uzbekistan includes enterprises, producing mineral fertilisers, chemical plant protection agents, chemical fibres and threads, synthetic resins, polymeric items and other products. Slide № 2 2

Main types of manufactured products Mineral fertilisers and inorganic products Organic chemistry, synthetic threads and polymeric materials Chemicals for energy and chemical industries, as well as for gold mining Chemical plant protection agents Nitrogen, phosphate and potassium fertilisers Cellulose and cellulose acetate Sodium cyanide, thiourea, polyacrylamides Crop protection agents Nitric, sulphuric, hydrochloric acids Ammonia Fibres, acetate threads Magnesium chlorate defoliant Catalysts Caustic soda and soda ash Polyethylene products Acetic acid, acetylene and other products Slide № 3 3

Our partners CITIC Slide № 4

1. Construction of ammonia and urea production complex at Navoiyazot OJSC Project goal — further development and modernisation of mineral fertilisers production capacities due to introduction of up-to-date, energy-efficient technologies instead of physically and morally obsolete production, which will promote the increase in exports potential of chemical industry of the Republic of Uzbekistan. Within the frames of this project implementation, the establishing of an enterprise with foreign investments is stipulated with equal shares of Uzbek and foreign parties in the authorised fund. There are all necessary raw materials (natural gas) in the country for establishing of production. Slide № 5 5

availability of all necessary raw materials in the country; 1. Construction of ammonia and urea production complex at Navoiyazot OJSC Project goal — introduction of up-to-date, energy-efficient technologies on ammonia and urea production instead of physically and morally obsolete productions at Navoiyazot OJSC. Project advantages: availability of all necessary raw materials in the country; availability of necessary infrastructure; demand for the finished product (urea) in domestic and foreign markets; availability of skilled personnel. Slide № 6 6

Capacities, being established: — ammonia 660 000 t per year 1. Construction of ammonia and urea production complex at Navoiyazot OJSC Capacities, being established: — ammonia 660 000 t per year — urea 600 000 t per year Planned share of exports: 70 % Created jobs: 513 pieces Period of project implementation: 2012—2015 Project cost and estimated payback period will be determined after development of project's preliminary feasibility study. Slide № 7 7

2. Creation of polyvinyl chloride (PVC) and caustic soda production complex at Navoiyazot OJSC Project goal — creation of import-substituting polyvinyl chloride and caustic soda productions to supply domestic consumers in construction, electro-technical, medical, petrochemical and chemical industries, as well as increase in export potential and localisation of output of basic feedstock to manufacture polymer products. Main feedstock for PVC and caustic soda production is natural gas and technical salt. The supply for new production with water, heat, oxygen, nitrogen and production infrastructure is carried out by engineering networks, being created within the production complex, from existing networks of Navoiyazot OJSC. Slide № 8 8

2. Creation of polyvinyl chloride (PVC) and caustic soda production complex at Navoiyazot OJSC № Name of products Unit Volume of imports 2010 2012 (expected) 2015 (expected) 1 polyvinyl chloride thous. tonnes 26,8 37,1 52,5 2 caustic soda 30,0 34,1 40,3 3 wood materials thous. m3 1 925,1 2 558,9 3 509,6 Taking into consideration tendency of annual demand growth for both PVC and caustic soda; possibility to substitute a significant share of imported wood materials by PVC goods; planned exports of finished products the establishing of polyvinyl chloride production with the annual capacity of 100 000 tonnes is being worked at. Slide № 9 9

2. Creation of polyvinyl chloride (PVC) and caustic soda production complex at Navoiyazot OJSC Planned capacity of the project: polyvinyl chloride production: 100 000 t per year; caustic soda production: 64 000 t per year; methanol production: being determined. Предельная project cost: will be defined after development of project's preliminary feasibility study. Anticipated number of jobs: 1 600 persons. Estimated payback period: will be defined after development of project's preliminary feasibility study. Planned volume of exprots: polyvinyl chloride: 50 000 t per year; caustic soda: 25 200 t per year. Project implementation period: 2012—2015. Slide № 10 10

Possible supplier in Uzbekistan 3. Establishing of synthetic detergents and household chemicals production Project goal — establishing of synthetic detergents and household chemicals production to satisfy the needs of population of the Republic of Uzbekistan and to expand export potential. Feedstock base for detergents and household chemicals production № Name of component Possible supplier in Uzbekistan 1 soda ash Qunghirot Soda Plant UE 2 glycerol Farghona Yogh-Moy OJSC 3 sodium silicate various private enterprises of the country 4 micromarble flour Ghozghozmarmar OSJC 5 sodium chloride Navoiyazot OJSC 6 sodium carbonate 7 carboxymethyl cellulose Farghona Chemical Plant of Furan Compounds UE, Carbonam LLC, various private enterprises 8 sodium bicarbonate Farghonaazot OJSC 9 potassium nitrate 10 formalin Slide № 11 11

3. Establishing of synthetic detergents and household chemicals production Estimated annual needs for synthetic detergents on domestic market: detergent powder — 20 000 tonnes dish-washing liquid — 10 000 tonnes cleaning powder — 5 000 tonnes toothpaste — 1 000 tonnes shampoo — 2 000 tonnes toilet soap — 5 000 tonnes Slide № 12 12

3. Establishing of synthetic detergents and household chemicals production At the first stage, the establishing of detergents production with the annual capacity of 30 000 tonnes is proposed, including: detergent powder 20 000 tonnes dish-washing liquid 10 000 tonnes Estimated project cost: 13,4 mil. USD internal funds of project's owner: 5,0 mil. USD foreign direct investments: 8,4 mil. USD Anticipated number of jobs: 200 pieces Estimated payback period: 5 years Planned share of exports: 50 % Period of project implementation: 2012—2013 Slide № 13 13

Thank you for your attention Uzkimyosanot state joint stock company Republic of Uzbekistan, Tashkent, Navoi 38, 100011 Tel: +99871 244-90-60 Fax: +99871 244-90-61 E-mail: opr@uks.uz www.uzkimyosanoat.uz