LOCAL TESTING HAS ALREADY KICKED OFF IN THE ARMENIAN-CHINESE RUBBER FACTORY WHICH IS BEING CONSTRUCTED IN CHINA
ARMENPRESS
June 16, 2009
YEREVAN, JUNE 16, ARMENPRESS: Local testing has already kicked off
in the Armenian-Chinese rubber factory which is being constructed in
China on nearly 100 hectares of territory. The construction mounting
works have already finished.
Vice Director of "Nairit-2" factory Albert Sukiasian told Armenpress
that the local testing will be followed by the general testing after
which the factory will be exploited which is intended at the end of
this year.
The entire sum of project of construction of Armenian-Chinese factory
reaches more than 140 million USD. Armenia is the shareholder of 40%
of the factory and China – 60%. Armenia’s main investment in this
project is the mental property in respect of the newest technologies
of rubber production which ensure high security of production and
few wastes. A. Sukiasian stresses the importance that during the
reproduction the Chinese rich experience will also be implemented. The
Armenian technologies of rubber production have been inputted and
implemented in Armenia yet since 1993-1994.
On the initial round the factory is intended to produce 30 000 tons of
rubber annually. According to A. Sukiasian there are also prospects for
the increase of volumes of production conditioned by the demand. The
factory product must entirely be consumed in China where, according
to him, there is a quite extended market.