MASS PRODUCTION OF 9 MKM THIN FOIL LAUNCHED AT ARMENAL<br />


MASS PRODUCTION OF 9 MKM THIN FOIL LAUNCHED AT ARMENAL

  • 21-10-2008 20:00:00   | Armenia  |  Economy
YEREVAN, OCTOBER 21, NOYAN TAPAN. Mass production of 9 mkm thin foil has been launched at Armenal foil rolling plant. The share of thin foil in Armenal's total production will make up over 70% after its equipment operates at full capacity. The production is envisaged for customers from the U.S, Europe and the Middle East. According to a press release of Rusal company, investments for Armenal's production development amounted to about 6 million dollars in 2007-2008 and were mainly aimed at developing the production of thin foil which is in great demand in international market. Production of 9 mkm thin foil is currently being developed at the enterprise. Reference: Armenal was created on the basis of Yerevan's Kanaker aluminium plant in May 2000. It is one of the biggest industrial enterprises in Armenia and the only producer of aluminium foil in the Caucasus and Central Asia. The enterprise made part of Rusal, the world leader in aluminium production, in 2000 and comprises together with Sayan Foil, Sayanal and Ural Foil enterprises the Packaging Division of the company. The enterprise employes more than 700 people.
  -   Economy