Tweet
ARMENIA LAUNCHES PROJECT TOWARD FIBER PRODUCTION FROM BASALT
October 08, 2013 | 14:06
YEREVAN. - A program has been developed in Armenia toward starting
fiber production from basalt raw materials.
Energy and Natural Resources Minister Armen Movsisyan noted the
abovementioned during Tuesday's National Assembly hearings devoted
to the country's mining industry.
In his words, such fibers are widely used in economy toward replacing
metals.
The world's leading Chinese companies are engaged in this project. It
is planned to build a respective Armenian-Chinese joint enterprise,
but the technological chain is not fully developed.
Movsisyan informed that the aforesaid joint venture will manufacture
pipes, fittings, etc.
Armenia's market, however, is very small, and this has caused caution
among private investors, since additional logistics costs arise in
the case of exports.
News from Armenia - NEWS.am
- See more at: http://news.am/eng/news/174912.html#sthash.kxXJxPCs.dpuf
October 08, 2013 | 14:06
YEREVAN. - A program has been developed in Armenia toward starting
fiber production from basalt raw materials.
Energy and Natural Resources Minister Armen Movsisyan noted the
abovementioned during Tuesday's National Assembly hearings devoted
to the country's mining industry.
In his words, such fibers are widely used in economy toward replacing
metals.
The world's leading Chinese companies are engaged in this project. It
is planned to build a respective Armenian-Chinese joint enterprise,
but the technological chain is not fully developed.
Movsisyan informed that the aforesaid joint venture will manufacture
pipes, fittings, etc.
Armenia's market, however, is very small, and this has caused caution
among private investors, since additional logistics costs arise in
the case of exports.
News from Armenia - NEWS.am
- See more at: http://news.am/eng/news/174912.html#sthash.kxXJxPCs.dpuf