Author: popcorn563

Indorama will also invest $100 million to modernize the plant. “Ferganaazot” joint stock company will be sold to the Singapore company Indorama for $140 million, the State Asset Management Agency reported. It was noted that an agreement was reached on the sale of 99.02% of state shares in the authorized capital of “Ferganaazot” JSC to Indorama Corporation Pte. Ltd (Singapore). The international consulting company Deloitte was involved in the privatization process as a leading consultant, the International Finance Corporation (IFC) was a strategic consultant, and the international consulting company KPMG was involved as an independent evaluator. According to the State…