Interfax
April 7 2004
RusAl foil mill, Achenbach to ink contract soon
Yerevan. (Interfax) – Russian aluminum giant RusAl’s Armenal foil
mill in Armenia will sign a contract with Germany’s Achenbach for the
mill’s modernization towards the end of April.
The project will cost up to 40 million euros and local contractors
will be hired for some of the work, said Georgy Avetikian, Armenal’s
general director.
A group of Achenbach specialists visited Yerevan early March to start
preparations for the upgrade.