President of Turkmenistan Gurbanguly Berdymuhamedov took part in the opening ceremony of the polymer plant, the region’s largest gas-chemical complex for the production of polyethylene and polypropylene, and launched the production with a push of a button.
This large investment project, which is worth more than 3.4 billion US dollars, was implemented by the State Concern «Turkmengas» together with foreign partners – companies «LG International Corp», «Hyundai Engineering» (Republic of Korea) and «TOYO Engineering Corporation» (Japan). The tripartite contract was signed as part of the official visit of President Gurbanguly Berdymuhamedov to Japan in 2013.
The production capacity of the new complex makes it possible to process 5 billion cubic meters of natural gas per year and thereby produce 386 thousand tons of high-density polyethylene, 81 thousand tons of polypropylene and other valuable products, and also receive up to 4.5 billion cubic meters of sales gas, which is scheduled to be sent to gas pipeline systems for use as fuel.
The plant is equipped with modern equipment purchased in Japan, the Republic of Korea, the USA, the UK, Belgium, Germany, Denmark and other European countries. It consists of four main technological installations: gas separation, ethane processing, polyethylene and polypropylene production. All technological processes are automated and subject to centralized management.
The construction project of the gas chemical complex in Kiyanly was awarded a special award by the organization «TXF» (Great Britain), as one of the ten best projects in Europe and Eurasia in 2014, which is funded by export credit agencies.