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ARMENAL Foil Rolling Mill Is Up And Running At Full Capacity

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  • ARMENAL Foil Rolling Mill Is Up And Running At Full Capacity

    ARMENAL FOIL ROLLING MILL IS UP AND RUNNING AT FULL CAPACITY

    ArmInfo
    2009-03-04 11:19:00

    ArmInfo. OC RUSAL, the biggest producer of aluminum and alumina oxide
    in the world, informs about running of ARMENAL foil rolling mill
    (Armenia) at full capacity of 25,000 tons.

    According to the source, the volume of the annually produced output at
    the enterprise has been increased 1,5 times since December, 2008, that
    has become possible due to complex upgrading of the basic equipment
    and assimilation of up-to-date foil production technologies. Since
    early, 2007, after completion of complex upgrading, ARMENAL has
    produced and sold about 30,000 tons of finished products. 'A new
    process policy has been developed and implemented at the enterprise,
    the labour discipline has been much improved, as well as backgrounds
    have been created for further assimilation of the upgraded equipment
    design capacities and serious work has been performed on improvement of
    the organizational structure, the forms and methods of the personnel
    motivation and staff deployment - in short, the bases of a long-term
    success have been laid', Director General of ARMENAL Sergey Borovik
    said. Considerable enhancement of efficiency of the work of ARMENAL
    is testified by reduction of the prime cost of metal processing by
    42% in December, 2008 as compared with July, 2008. Improvement of
    the production indicators was also followed by almost 13% growth
    of salary in the second half year, 2008, as compared with the first
    half year. This was achieved due to change of the labour payment fund
    structure and optimization of the personnel number.

    At late, 2008, a delegation of the biggest European traders visited
    ARMENAL to get acquainted with the improved production technology
    and the foil quality. Upon the results of the meeting, the experts
    concluded that the enterprise's production meets the international
    requirements. At present, the mill production is tested for compliance
    with the specific requirements of the European clients, and positive
    assessments have already been received. The enterprise's products
    will be supplied to the Near East and African countries, besides the
    USA and EU states, in the near future.

    Despite the world reduction of demand for the primary aluminum, the
    foil-rolling products is still in demand in almost all the fields
    of application. Running of ARMENAL at full capacity will allow the
    Packing Division of RUSAL to meet the demand in foil-rolling products
    which grows also because of reduction of the foil production volume
    in Northern America.

    It is also scheduled to increase production of an ultra-fine foil
    with width of 7- 9 mkm which is strongly sought-for.

    ARMENAL foil rolling mill was founded in May 2000 as part of the
    Kanaker aluminum smelter. It is one of the biggest production
    facilities in Armenia and is the only producer of aluminum foil in
    the Caucasus and Central Asian regions.

    On May 18th, 2000 the mill was integrated into United Company RUSAL
    and in January 2003, the Armenian government and United Company RUSAL
    signed an investment cooperation agreement, under which United Company
    RUSAL acquired a 26% share and undertook modernization of the mill.

    Together with two other foil mills, Sayanal in the Russian republic
    of Khakasia and Urals Foil, ARMENAL forms the company's Packaging
    Division. The mill employs over 800 people. RUSAL is the leader in
    the world aluminum industry. It occupies nearly 12% of world aluminum
    market. RUSAL employs 90000 people. It is represented in 19 countries
    on 5 continents.
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