PBG INKS ARMENIAN CHEMICAL PLANT DEAL

Warsaw Business Journal
April 17 2009
Poland

Polish engineering and construction firm PBG has signed a $252
(zÅ~B.829.17) million contract with Armenian chemical producer,
Nairat Plant CJSC, to rebuild and modernize a chemical plant.

Earlier this year, PBG announced that it was planning to expand from
its core operations of constructing gas and oil installations.

The Nairat Plant project is envisaged to be completed in 30
months. (RG)