According to the EBRD, the project consists in the provision of a US$ 5 million senior working capital loan to support a producer of fertilizers, Indorama Kokand, and its existing operations in the production of single and ammoniated superphosphate, ahead of its planned expansion programme into new fertilizer products including potassium based fertilizers.
As stated by the EBRD, Indorama Kokand Fertilisers and Chemicals is a leading manufacturer of phosphate fertilisers in Uzbekistan. The Company was privatised in June 2019 through the sale of state shares to Indorama Corporation Pte. Ltd. In 2020, the EBRD provided US$ 12.5 million capital expenditure and US$ 10 million working capital loans to support the modernization of the plant.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||INDORAMA KOKAND FERTILISERS AND CHEMICALS JSC||Client||Agriculture and Forestry|
Client -Indorama Kokand Fertilizers and Chemicals JSC:
Email: Ganesh.Chaudhary@indorama.com / email@example.com
Address: No 11/1, Amir Temur Avenue, Mirobod District, Tashkent, Republic of Uzbekistan
Fax: +998 71 233227
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html