CAUSTIC SODA PRODUCTION TO BE SET UP IN ARMENIA

YEREVAN, OCTOBER 4. ARMINFO. A number of foreign companies are showing
interest in a 30mln. USD project of setting up the production of pure
solid caustic soda in Armenia initiated by the “Nairit-2” CJSC, Karen
Karapetyan, Head of the Information Department, Armenian Development
Agency (AAA), told ARMINFO.

According to him, the project was submitted to the Eurasian Economic
Union (EAEU) in Moscow on September 20. US companies showed the
greatest interest in the project. Karapetyan pointed out that
investments are to be directed to the purchase of up-to-date
equipment. Production is expected to be organized at the “Nairit 2”
CJSC. The project envisages the production of 50 to 100 thousand tons
of caustic soda a year. Karapetyan reported that the principal raw
material in the production of caustic soda is table salt. Salt
solution is leached from under the ground, and the formed cavities are
expected to be used for storing fuel and oil products. The storage
will allow oil-processing enterprises to be established in
Armenia. Karapetyan said that the Rustavi-based “Azot” plant is a
large consumer of caustic soda in the region.