Yerevan /Mediamax/. In January-June, 2009, the production volume of foil mill ARMENAL by 77% exceeded the index of the first half of 2008.

As Mediamax was informed in the press service of the enterprise, in June, 2009, the plant produced about 2.5 thousand tons of foil, a 12% improvement on its nominal design capacity, taking ARMENAL’s half-year production to over 10,000 tons. It expects to see its output double by the end of this year.

ARMENAL, in parallel with the expansion of output, was making improvements in practically every technical and economic indicator, including a 60% reduction in production costs and minimization of the rate of rejects due to production defects.

ARMENAL has enough orders on hand to keep the foil mill running until the end of this year. Its products are mainly exported to the United States with the Middle East becoming a rapidly growing market for them.

ARMENAL, founded on the basis of Kanaker aluminum smelter, is one of the largest industrial sites in Armenia and the only aluminum foil mill in the Caucasus and Central Asia. Since 2000, it enters RUSAL Group