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Armenian plant Nairit may meet half of Russian demand for chloroprene rubber
YEREVAN, September 2. / ARKA /. Nairit chemical plant located in a
Yerevan suburb is able to meet 50% of Russia's demand for chloroprene
rubber, which is approximately 25,000-30,000 tons, according to Vazgen
Safaryan, the chairman of the Union of Domestic Commodity Producers.
"Until recently, Russia imported chloroprene rubber from Germany,
which may terminate these supplies. This in mind Armenian authorities
should start negotiations with the Russian side on the acceleration of
modernization and re-equipment of Nairit plant for export of
chloroprene rubber to the Russian market," Safaryan said at a press
conference on Tuesday.
Safaryan further urged the authorities to take stock of all internal
resources and to identify the range of goods which Armenia can sell in
Russia against the drop of mounting tension between Moscow and the
West.
Nairit was the only plant in the Soviet Union to produce chloroprene
rubber. The plant was closed in 1989 for environmental reasons and
resumed operating partially in 1992. In 2001, some production
facilities were separated from the plant for producing chloroprene
rubber and a debt-free enterprise based on them was established.
In 2006, 90% of Nairit's shares were sold to British Rainoville
Property Limited for $40 million. The remaining 10% belong to the
Armenian government.
In late December 2013, Rosneft, Pirelli Tyre Armenia and
Rosneft-Armenia signed a memorandum to produce butadiene-styrene
rubber here.
Former prime minister Tigran Sargsyan said that Rosneft wanted to
invest $400 million in the new plant. -0-
http://arka.am/en/news/economy/armenian_plant_nairit_may_meet_half_of_russian_dem and_for_chloroprene_rubber/#sthash.t4XUOO9J.dpuf
From: Baghdasarian
YEREVAN, September 2. / ARKA /. Nairit chemical plant located in a
Yerevan suburb is able to meet 50% of Russia's demand for chloroprene
rubber, which is approximately 25,000-30,000 tons, according to Vazgen
Safaryan, the chairman of the Union of Domestic Commodity Producers.
"Until recently, Russia imported chloroprene rubber from Germany,
which may terminate these supplies. This in mind Armenian authorities
should start negotiations with the Russian side on the acceleration of
modernization and re-equipment of Nairit plant for export of
chloroprene rubber to the Russian market," Safaryan said at a press
conference on Tuesday.
Safaryan further urged the authorities to take stock of all internal
resources and to identify the range of goods which Armenia can sell in
Russia against the drop of mounting tension between Moscow and the
West.
Nairit was the only plant in the Soviet Union to produce chloroprene
rubber. The plant was closed in 1989 for environmental reasons and
resumed operating partially in 1992. In 2001, some production
facilities were separated from the plant for producing chloroprene
rubber and a debt-free enterprise based on them was established.
In 2006, 90% of Nairit's shares were sold to British Rainoville
Property Limited for $40 million. The remaining 10% belong to the
Armenian government.
In late December 2013, Rosneft, Pirelli Tyre Armenia and
Rosneft-Armenia signed a memorandum to produce butadiene-styrene
rubber here.
Former prime minister Tigran Sargsyan said that Rosneft wanted to
invest $400 million in the new plant. -0-
http://arka.am/en/news/economy/armenian_plant_nairit_may_meet_half_of_russian_dem and_for_chloroprene_rubber/#sthash.t4XUOO9J.dpuf
From: Baghdasarian