NAIRIT PLANT TO BE STARTED-UP IN OCTOBER 2009

ArmInfo
2009-10-01 13:24:00

ArmInfo. Production at Nairit plant, which specializes on manufacture
of synthetic rubber, was restarted from September 2, spokeswoman of
Nairit Plant CJSC Anush Harutyunyan told ArmInfo on Thursday.

She said the plant was stopped for repair-and-renewal operations from
June 12, 2009, in view of the production accident on May 14, as a
result of which the chloroprene production section was damaged. All the
repair-and-renewal operations have been completed and the management
hopes for the plant start-up in October, the spokeswoman said. She
added that about 3,000 employees will be engaged at the plant.

To recall, 4 people died and 8 injured as a result of May 14 accident,
the reasons of which are under investigation. Rhinoville Property
Limited International company, 10% shares of which remained with the
state, is 90% owner of Nairit plant. Rhin®ville Property Limited
has been established by Samex Polish Company, American Intertex and
Russian "Eurogas". In 2008, the plant produced 5414 tons of rubber,
and for Jan-Aug, 2009 – 534 tons.