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Production of Armenian Chemical Industry Declines by 12.4% in 2006

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  • Production of Armenian Chemical Industry Declines by 12.4% in 2006

    PRODUCTION OF ARMENIAN CHEMICAL INDUSTRY DECLINES BY 12.4% IN 2006

    YEREVAN, FEBRUARY 2, NOYAN TAPAN. In 2006, production of Armenia's
    chemical industry made 14 bln 495.8 mln drams (more than 34 mln 842
    thousand USD), or by 12.4% less than the index of 2005.

    According to the RA National Statistical Service, last year the
    production of rubber and plastic items amounted to 3 bln 884.5 mln
    drams, increasing by 17.6% compared with 2005.

    In 2006, production of varnishes and paints grew by 34.7% compared
    with 2005, production of detergents - by 11%, while production of
    synthetic rubber and caustic soda declined by 29.8% and 32.8%
    respectively.

    From: Emil Lazarian | Ararat NewsPress
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