MINISTER OF ENERGY AND NATURAL RESOURCES OF ARMENIA: RESTORATION OF EXPLOSION-CAUSED DAMAGE TO NAIRIT PLANT MAY REQUIRE NEARLY $150,000

ArmInfo
2009-05-15 16:52:00

ArmInfo. Nearly $150,000 will be required to liquidate the aftermaths
of the explosion at Nairit Plant and restore the damage caused,
Minister of Energy and Natural Resources of Armenia Armen Movsisyan
told media.

He said the necessary amount will probably be provided by the plant
shareholders. Experts say restoration may take nearly a month. At
present, the minister said, a specially set up commission is exploring
the reason of the accident. Only after final resolution, it will be
possible to comment on the incident. At present we do not study the
possibility of artificial interference into the production. One of
the technological processes might become the reason of explosion’,
the minister said. The situation is under control, the minister said.

To recall, 4 were killed and 8 were injured as a result of the
explosion.

The company leadership renders assistance to the families of the
killed and injured. CJSC Nairit Plant is the exclusive producer of
chloroprene rubber in Armenia and CIS. A 90pct stake in the plant
belongs to Rhinoville Property Limited. The remaining 10pct stake in
the company belongs to the Government of Armenia. The Polish Samex,
American Intertex and Russian Eurogas are the founders of Rhiniville
property limited.