CHEMICAL INDUSTRY

The next important sector for our country's economy is the chemical industry.  The chemical industry also has potential for foreign investment.

The development programme for the Turkmenistan chemical industry through 2020 provides for construction of a number of major facilities, among which are ammoniac and carbamide complexes of various capacities as well as plants for the production of mineral fertilizers.

Garabogazkol gulf – the world's largest deposit of sodium sulphite and other minerals plays an important role in the creation of the raw mineral base.  The resources of this gulf are a rich source of raw materials for the production of a variety of magnesium and sodium salts, bromine, barium and lithium compounds. At present, bischofite, epsomite and sodium sulphate of Brand A and B is produced by the Garabogazsulphate Production Association.

Another precious raw hydro-mineral material is ground highly-mineralised iodide-bromine water. Turkmenistan leads the world in iodine reserves.  At present, iodine is produced at the Khazar plant as well as at the Bereket and Balkanabat plants. Up to 450 thousand tonnes of iodine is produced at these plants annually.  At present, work has commenced to attract foreign investment for the development of iodine deposits.

Turkmenistan is the only country in the world where the population is provided with free iodised salt. The raw material base of Guvlyduz Combine that produces edible iodised salt is a unique table salt deposit-Guvly Lake.  Its reserves, chemical composition and purity of raw material produces table salt without even the need for primary processing.

In addition to the above, Turkmenistan seeks to produce organic polymers (polypropylene, polythene, polyvinyl chloride) as well as methanol, carbamide-formaldehyde and melamine formaldehyde resins and various ready-mixed paints, binding materials as well as construction and structural materials produced on the basis of these resins.

In our opinion, it is the chemical industry that will attract foreign investment in the near future, along with the oil and gas sector. 

The next important sector for our country's economy is the chemical industry.  The chemical industry also has potential for foreign investment.

The development programme for the Turkmenistan chemical industry through 2020 provides for construction of a number of major facilities, among which are ammoniac and carbamide complexes of various capacities as well as plants for the production of mineral fertilizers.

Garabogazkol gulf – the world's largest deposit of sodium sulphite and other minerals plays an important role in the creation of the raw mineral base.  The resources of this gulf are a rich source of raw materials for the production of a variety of magnesium and sodium salts, bromine, barium and lithium compounds. At present, bischofite, epsomite and sodium sulphate of Brand A and B is produced by the Garabogazsulphate Production Association.

Another precious raw hydro-mineral material is ground highly-mineralised iodide-bromine water. Turkmenistan leads the world in iodine reserves.  At present, iodine is produced at the Khazar plant as well as at the Bereket and Balkanabat plants. Up to 450 thousand tonnes of iodine is produced at these plants annually.  At present, work has commenced to attract foreign investment for the development of iodine deposits.

Turkmenistan is the only country in the world where the population is provided with free iodised salt. The raw material base of Guvlyduz Combine that produces edible iodised salt is a unique table salt deposit-Guvly Lake.  Its reserves, chemical composition and purity of raw material produces table salt without even the need for primary processing.

In addition to the above, Turkmenistan seeks to produce organic polymers (polypropylene, polythene, polyvinyl chloride) as well as methanol, carbamide-formaldehyde and melamine formaldehyde resins and various ready-mixed paints, binding materials as well as construction and structural materials produced on the basis of these resins.

In our opinion, it is the chemical industry that will attract foreign investment in the near future, along with the oil and gas sector.

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