The review prepared by Ashina Law for a client from the United Arab Emirates is a detailed analysis of the chemical industry of the Republic of Uzbekistan. The document examines key aspects of the industry's development, starting from its historical roots and ending with current trends and investment opportunities. The chemical industry of Uzbekistan is one of the basic sectors of the country's economy, which makes a significant contribution to economic development and export potential.

Among the enterprises reviewed in the review, special attention is paid to such large-scale industries as JSC "Maxam-Chirchik", JSC "Navoiazot", JSC "Ferganaazot", which produce nitrogen fertilizers (ammonium nitrate, urea, ammonium sulfate), as well as phosphorus fertilizers such as Almalyk JSC "Ammophos" and Samarkand "Samarqandkime". These enterprises have significant production capacities and provide both the domestic market and the export of products to the countries of Central Asia.

Historically, the chemical industry in Uzbekistan began to form back in the 1930s with the launch of the first large enterprises. For example, in 1940 the Chirchik Electrochemical Plant (now JSC Maxam-Chirchik) began its work, and in the following decades other large plants were built, such as the Ferghana Nitrogen Fertilizer Plant and the Navoi Chemical Plant. Today, the chemical industry of Uzbekistan is one of the largest in Central Asia and specializes in the production of mineral fertilizers, chemicals, plant protection products, polymer materials and other products.

The document also includes information on current and planned investment projects for the period from 2019 to 2030. In particular, modernization projects of existing enterprises are being discussed, such as expansion of ammonia and urea production facilities based on Navoiazot JSC, as well as the creation of new production facilities, such as the organization of a complex for the production of polyvinyl chloride (PVC), caustic soda and methanol.

Ashina Law Law Firm provides recommendations on possible investments in this industry, given the significant raw material potential, highly qualified workforce and strategic location of Uzbekistan. The review highlights that the country's chemical industry has competitive advantages that make it attractive to foreign investors.