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Armenal produces 12,256 tons of products

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  • Armenal produces 12,256 tons of products

    ARMENPRESS

    ARMENAL PRODUCES 12, 256 TONS OF PRODUCTS

    YEREVAN, FEBRUARY 18, ARMENPRESS: ArmenAl foil mill facility in
    Yerevan, owned by Russian RusAl, manufactured last year 12,256
    tons of products, Alexander Melkumian, a press officer for ArmenAl,
    told Armenpress.

    He said 1,010 tons were produced in December alone. In 2006 the
    plant produced only 945 tons of foil.

    He said the modernization program that has provided for a major
    upgrade in foil rolling equipment and the establishment of a full
    production cycle are expected to lift the plant capacity by 25,000
    tons of foil per year, including 18,000 tons of highly profitable
    thin foil in 6-9 micron gauge.

    The modernization of the plant was started in 2004 and was aimed
    both at improving the quality of its foil products and boosting the
    plant's profitability to make the mill one of the world leading foil
    producers. A German engineering firm Achenbach was selected to execute
    the program at an investment cost of US $80 million.

    ArmenAl sells its products to Europe, USA and Iran and in Armenia.
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