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NEWS

Second silicon plant will be built in Uzbekistan in August

www.timesca.com
14 June 2013

A second silicon-producing plant will be built in Uzbekistan this August in the Angren special industrial zone in the Tashkent region, a source in the Uzbek Government told TCA.

The plant will produce 5,000 tons of silicon a year from raw materials delivered from a quartz deposit in the Jizzakh region. Initially, construction was to be finished in the first quarter of this year.

The project is being implemented by Uzbek-Korean joint venture Uz-Shindong Silicon whose founders, on a parity basis, are the Uzbek State Committee of Geology and Mineral Resources, South Korea's Shindong Enercom Inc, Uzbek Metallurgical Combine, and Solartech (a Shindong subsidiary). The $10-million project is being financed by the joint venture founders.

In August 2012, Uzbek-Korean joint venture Uz-Kor Silicon commissioned the first silicon-producing plant in Uzbekistan, located in the Navoi region. The new facility has a capacity to produce 39,000 tons of quartzite ore and 12,000 tons of silicon a year. The $20.5-million project was financed by the joint venture founders ($13.9 million) and through borrowed funds ($6.6 million). The joint venture was founded by South Korea's Neoplant (50%), the Uzbek State Committee of Geology and Mineral Resources (25%), and Navoiazot, Uzbekistan's largest chemical company, (25%).