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RUSAL Opens the ARMENAL Plant after Large-Scale Modernization

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  • RUSAL Opens the ARMENAL Plant after Large-Scale Modernization

    RIA OREANDA
    Economic News
    October 26, 2006 Thursday

    RUSAL Opens the ARMENAL Plant after Large-Scale Modernization


    Yerevan. OREANDA-NEWS. RUSAL, the world's third largest aluminium
    producer, has announced the opening of one of the most advanced foil
    mills in the world, "RUSAL ARMENAL" in Armenia after extensive
    modernization. Total investment into the project has exceeded $70
    million.

    The tender for the modernization of the plant was won by German firm
    Achenbah who started the programme in 2004 and completed it in a
    record period of 23 months. The modernization programme included the
    installation of supercasters, which are continuous casting and
    rolling units.

    The programme developed a non-waste process cycle, abandoned the use
    of ingots, improved the quality of products and cut expenses
    significantly. The preparatory rolling mill has also been fully
    modernized and is now equipped with monitoring tools and a process
    control system.

    Modern environment-protection and labour safety systems have been
    implemented at the plant. In particular, the process of lubricant
    steam collection removal and condensation system has been updated,
    modern fire-fighting equipment has been installed and a complex fire
    alarm system has been introduced. RUSAL Armenal will produce 25,000
    tonnes of foil per year, of which 18,000 tonnes will be a thin 6-9
    micron foil, which is the most popular product in Russia and abroad.

    The plant is expected to operate at full capacity in mid-2007 and
    become one of the major aluminium foil producers in the region. The
    plant's share in the total volume of foil products in the CIS will
    amount to 12% and its main sales markets will be Europe and USA.

    ARMENAL is the only aluminium foil production facility in the
    Caucasus and Central Asia and has already received enough orders to
    operate at full capacity. RUSAL is considering an opportunity to
    expand the plant's production capacity up to 40,000 tonnes of product
    per year.

    The "RUSAL ARMENAL" foil mill was established in Yerevan in May 2000
    on the basis of the Kanakersk Aluminium Smelter and is one of the
    largest manufacturing enterprises in Armenia. It was acquired by
    RUSAL in 2000. Together with the "RUSAL SAYANAL" plant (The Republic
    of Khakassia) it forms the packaging division of the Company. It is
    certified according to the quality management system international
    standard ISO 9001.
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