Announcement

Collapse
No announcement yet.

Rusal Armenal Foil Mill Reaches Design Capacity

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Rusal Armenal Foil Mill Reaches Design Capacity

    RIA Oreanda, Russia
    March 11 2009


    Rusal Armenal Foil Mill Reaches Design Capacity


    Moscow. OREANDA-NEWS . On 11 March 2009 UC RUSAL, the worlds largest
    aluminium and alumina producer, is pleased to announce that ARMENAL,
    the groups foil mill located in Armenia, reached its design capacity
    of 25,000 tonnes.

    >From December 2008, the daily output of aluminium foil at the mill
    increased by half. It became possible due to a comprehensive
    modernisation of the principal parts of equipment and implementation
    of advanced foil production technologies. Since the beginning of 2007
    when the modernisation was completed, ARMENAL has produced and sold a
    total of approximately 30,000 tonnes of finished goods.

    The production facility has developed and implemented a new process
    policy, significantly enhanced labour discipline, created conditions
    for further usage of the modernised equipment design capacity and made
    every effort to improve its organisational structure and means to
    motivate and deploy the personnel in brief, it has laid a foundation
    for success over a long-term period, said Sergey Borovik, ARMENALs
    General Director.

    The fact that the metal working cash cost reduced by 42% in December
    2008 vs. July 2008 indicates the increased efficiency of ARMENAL. The
    KPIs increased together with salaries by almost 13% in Q2 2008
    compared to Q1 2008. The changes in the salary fund and headcount
    optimisation allowed demonstrating such results.

    In late 2008, representatives of the largest European traders visited
    ARMENAL as they wanted to learn more about the upgraded foil
    production and check the quality of foil products. After the meeting
    the experts noted that the products of the mill were in line with the
    highest international standards.

    Currently, ARMENALs foil is undergoing several tests to see whether it
    complies with the specifications of European customers. So far,
    positive preliminary results have been obtained.

    In the near future the foil mill will expand its sales geography from
    the EU countries and the USA to the Middle East and Africa.

    Despite the fact that the global demand for primary aluminium is
    falling, foil products still remain in demand in virtually every area
    of their application. Reaching the design capacity of ARMENAL will
    allow RUSALs Packaging Division to satisfy demand for rolled foil
    products which is growing among other reasons because of the reduction
    of foil production in North America. At the same time this year
    ARMENAL plans to increase production of extra thin foil with a width
    of 7-9 micron by 25% which is in a strong demand in the market.
Working...
X