CHLOROPRENE RUBBER OUTPUT DROPS 64% IN ARMENIA IN 2009

Interfax
Feb 1 2010
Russia

CJSC Nairit Plant, Armenia’s sole producer of chloroprene rubber,
saw output drop 64% to 1,949 tonnes in 2009 from 5,414 tonnes in 2008,
the national statistics service said.

Plant specialists attribute the cessation of operations to an accident
on May 14 last year. The plant was idle for repairs and restoration
starting June 12, and only resumed full-cycle chloroprene rubber
production on October 20.

Rhinoville Property limited owns 90% of the Nairit stock, and the
Armenia government the other 10%. Rhinoville was founded by Poland’s
Samex, Intertex of the United States, and Russia’s Eurogas.