ArmInfo. Armenia reduced aluminum foil export by 3.4% (14.7 thousand tons) in the first half of 2015. According to the Armenia's Customs Service report, 15.2 thousand tons of aluminum foil was exported in 2014.
According to the source, the customs cost of export supply has changed insignificantly from 43.4 million dollars in the first half of 2014 to 43 million dollars in the first half of 2015.
Armenal (previously CJSC RusAl-Armenal) is the only producer of the aluminum foil in Armenia. The foil is exported mainly to the USA.
Established in May 2000 on the basis of Kanaker Aluminum Plant, Armenal is one of the biggest manufacturing companies in Armenia and the only aluminum foil producer in the Caucasus and Central Asia. It is part of the Russian RUSAL Group.
According to the National Statistical Service of Armenia, in 2014 29.2 thousand tons of aluminum foil were produced in Armenia with annual growth by 5.5%. In Jan-August 2015 the overall production totaled 19.9 thousand tons with annual growth by 3.6%.
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