ARMENPRESS

RUSAL PRODUCES 9.5 THOUSAND TONS OF FOIL

YEREVAN, DECEMBER 5, ARMENPRESS: A foil mill
facility in Yerevan, owned by Russian RusAl,
manufactured 9,440 tons of products in January-October
of this year, 31 times more from a year before, when
it produced only 302 tons of foil, a spokesman for the
company told Armenpress. He said in October alone the
plant produced 1,207 tons of foil.
The spokesman, Alexander Melkumian said the biggest
buyer of foil is Germany, which buys nearly half of
its output.
ArmenAl underwent a major modernization that has
provided for a major upgrade in foil rolling equipment
and also the establishment of a full production cycle,
which is supposed to lift the plant capacity to 25,000
tons of foil per year, including 18,000 tons of highly
profitable thin foil in 6-9 micron gauge.
ArmenAl sells its products to Europe, USA and Iran.
Domestic consumption is not big, foil here is bought
by dairies, tobacco and other companies, nevertheless
it is also growing.