Indorama is investing in modern cotton and textile production in Uzbekistan. This will include the cultivation of raw cotton, corn, or another crop on crop rotation basis. It also includes the organization of deep processing of raw cotton and the production of cotton yarn.

Indorama, based in Singapore, is one of Asia’s leading chemical holding companies. It started in 1975 as Indo-Rama Synthetics, which was a yarn spinning company and manufactured cotton yarn. During the 1990s, the company diversified into the production of synthetic spun yarns and polyester fibers. Its strategy to drive sustainable and profitable growth in both high-volume necessities and the stable but high margin and high value-added HVA business continues.

Currently, Uzbekistan is the world’s sixth-largest cotton producer among 90 cotton-growing countries. It produces about 3.5 million tons of raw cotton annually and 1.2 million tons of cotton fiber annually.

Uzbekistan accounts for about six per cent of global cotton production and about 50 per cent of the cotton fiber produced is shipped for export. One of the policy priorities of Uzbekistan is further development of its textile industry. Uzbekistan takes consistent steps to increase the volume of cotton fiber processing. Investors from Germany, Switzerland, Japan, South Korea, the USA, Turkey and other countries have invested in its textile enterprises.