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.