Last month, on the margins of the Turkmen-German round table held in Ashgabat bilateral meeting with the leadership of Turkmenhimiya State Corporation, Edison Technologies President Edison Kasapoglu showed interest in the potash industry of Turkmenistan and expressed readiness to modernize the Garlyk complex and bring it to its design capacity on the basis of 100% investment. The company also intends to invest in the new Karabil potash deposit, starting with exploration work and ending with the construction of a potash mining plant.
Describing his activities in detail, Mr. Kasapoglu said that before offering his services to the potash industry, his company conducted research on the marketing and sales of potash abroad. In particular, he noted that his partner companies have two potash fertilizer plants in China and one in Europe. These plants will be potential customers of Turkmen potash for many years. Only after they assured and guaranteed that they were ready to purchase potash from Turkmenistan, E. Kasapoglu and his partners decided to invest in the potash industry of Turkmenistan.
The concern's management expressed gratitude to Kasapoglu for his interest in the chemical industry of Turkmenistan and confirmed the readiness to cooperate with Edison Technologies in this direction.
During the talks, the parties also discussed other investment projects related to gas chemistry, namely, the production of gas processing products.
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