In Jan-May 2016 Armenal Plant reduced aluminum foil output by 4.4% versus Jan-May 2015
ArmInfo. In Jan-May 2016 versus Jan-May 2015, Armenal Plant reduced the aluminum foil output by 4.4% to 12.4 thsd tons versus 9.8% growth a year before. The National Statistical Service of Armenia reports that in May 2016 alone the aluminum foil output dropped by 4.8% to 2.5 thsd tons.
In Jan-May 2016, the rolled aluminum output made up 3 tons, 33.3% less than in Jan-May 2015.
The Armenian aluminum foil is mostly exported to Europe (4.5-fold growth in exports in 2015), as well as to the United States.
To recall, ARMENAL foil rolling mill was founded in May 2000 as part of the Kanaker aluminium 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. Together with two other foil mills, Sayanal in the Russian republic of Khakasia and Urals Foil, ARMENAL forms the company's Packaging Division.