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ARMENAL Sells Over 100 Tons Of Aluminum Foil And Tape In Armenia In

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  • ARMENAL Sells Over 100 Tons Of Aluminum Foil And Tape In Armenia In

    ARMENAL SELLS OVER 100 TONS OF ALUMINUM FOIL AND TAPE IN ARMENIA IN 2008

    ARKA
    March 25, 2009

    YEREVAN, March 25. /ARKA/. ARMENAL sold over 100 tons of aluminum
    foil and tape in 2008, Press Secretary of ARMENAL Alexander Melkumyan
    reported referring to the commercial service of the company.

    According to the report, this is the same or a bit more than last year.

    Armenian market is small and the company's produce is mainly
    export-oriented.

    Yet, mediator firms purchase foil paper rolls from the factory for
    sale on the domestic market, says the report.

    Domestic producers order smooth foil for further finishing
    - lamination, gluing a paper layer over the foil, putting of
    seal. Finished foil is used for packaging of milk products and other
    foodstuffs.

    The factory is also selling its aluminum tape on the domestic market -
    it is used for production of tableware.

    In 2009, ARMENAL started using a design capacity of 25,000 tons.

    Since December 2008, the factory has increased its daily output by
    1.5 times owing to complex modernization of the main equipment and
    application of modern technologies in foil production.

    Since the beginning of 2007, after the completion of the modernization,
    ARMENAL has produced about 30,000 tons of ready products.

    ARMENAL established in Yerevan in May 2000 based on Kanaker Aluminum
    Factory (KanAZ) is currently one of the biggest industrial enterprises
    in Armenia and the only producer of aluminum foil in the Caucasus
    and the Central Asia.

    The factory's staff is over 800 people. The enterprise joined RUSAL
    in 2000 and, together with "Sayanskaya folga", SAYANAL and "Uralskaya
    folga", is the packaging division of the company.

    RUSAL is the leader in world's aluminum industry with its products
    exported to 70 countries. OK RUSAL'share is about 12% in world's
    aluminum market and 15% in alumina market. The company has its offices
    in 19 countries all over the world. The company's staff is 90,000
    employees.
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