MASS PRODUCTION OF 9 MKM THIN FOIL LAUNCHED AT ARMENAL

Noyan Tapan
Oct 21, 2008

YEREVAN, OCTOBER 21, NOYAN TAPAN. Mass production of 9 mkm thin foil
has been launched at Armenal foil rolling plant. The share of thin
foil in Armenal’s total production will make up over 70% after its
equipment operates at full capacity. The production is envisaged for
customers from the U.S, Europe and the Middle East. According to a
press release of Rusal company, investments for Armenal’s production
development amounted to about 6 million dollars in 2007-2008 and were
mainly aimed at developing the production of thin foil which is in
great demand in international market.

Production of 9 mkm thin foil is currently being developed at the
enterprise.

Reference: Armenal was created on the basis of Yerevan’s Kanaker
aluminium plant in May 2000. It is one of the biggest industrial
enterprises in Armenia and the only producer of aluminium foil in the
Caucasus and Central Asia. The enterprise made part of Rusal, the world
leader in aluminium production, in 2000 and comprises together with
Sayan Foil, Sayanal and Ural Foil enterprises the Packaging Division
of the company. The enterprise employes more than 700 people.