On April 27th, JSC Maxam-Chirchiq, a nitric acid producer in Uzbekistan, signed a grant agreement with NACAG to join global efforts to reduce nitrous oxide (N2O) emissions. Located in Chirchiq in the Tashkent region, this plant has a long-standing history of over 70 years and is one of the biggest companies in the Uzbek chemical industry.
The grant agreement with NACAG will cover the acquisition and installation of nitrous oxide abatement technologies and monitoring equipment. Before the agreement, the plant has successfully completed a due diligence procedure to assess its technical, legal, financial, and operational capacity, including its environmental, social, health, and gender safeguards.
Under this agreement, JSC Maxam-Chirchiq will receive financial support and technical advisory to achieve annual mitigation of more than 650 000 tons of CO2eq from N2O abatement annually. The estimated yearly mitigation represents an emission reduction equivalent to more than 450 000 round-trip flights between Tashkent and Berlin.
The Grant Agreement with Maxam-Chrichiq became possible following the signing of the Statement of Undertaking by the Uzbek government, which outlines the implementation of political measures to secure permanent abatement of N2O emissions from nitric acid production. These emissions were also included in the last Uzbek Nationally Determined Contributions.
The signing of this grant agreement by JSC Maxam-Chirchiq is a positive step towards achieving these goals and reducing greenhouse gas emissions globally.