Tuesday, May 4 2021 11:05

ARMENAL prepares for ASI certification

ARMENAL prepares for ASI certification

ArmInfo.ARMENAL launches preparations for certification of the plant for compliance with the requirements of international standards Aluminum Stewardship  Initiative (ASI) - the Initiative for Responsible Management of  Aluminum Production. ArmInfo was informed about this in the press  service of the company.

The report notes that the preparatory work is planned to be completed  by the end of 2021, after which one of the international specialized  companies will conduct a certification audit of ARMENAL. ASI  certification will demonstrate to consumers the plant's commitment to  sustainability in the manufacture of its products.

Specialists from the Department for Environment, Labor Protection and  Industrial Safety of RUSAL trained a large group of ARMENAL employees  who will take part in the implementation of ASI standards.  ASI  standards are widely recognized as an affirmation of adherence to the  principles of sustainable development and define the management,  environmental, and social criteria in the aluminum-related production  chain. ASI applies to all areas of enterprise activity - from  compliance with labor rights of workers and ensuring industrial  safety to anti-corruption and responsible supplier selection.

To recall, ARMENAL has been part of RUSAL since 2000. It is one of  the largest industrial enterprises in Armenia and the only producer  of aluminum foil in the Caucasus and Central Asia. Created on the  basis of the Kanaker aluminum plant, which was commissioned in 1950. 

POST A COMMENT
Input digits     


News
Vahagn Khachaturyan, insurance company representatives discuss  process  of implementing universal health insurance Vahagn Khachaturyan, insurance company representatives discuss  process  of implementing universal health insurance 
AraratBank Participates in “Women’s Empowerment Principles in Armenia” ConferenceAraratBank Participates in “Women’s Empowerment Principles in Armenia” Conference
Power generation in Armenia increased by 7.9% in 10 monthsPower generation in Armenia increased by 7.9% in 10 months
Armenia`s metallurgy industry declined over 10-months Armenia`s metallurgy industry declined over 10-months 
Annual inflation in Armenia continues to accelerate, not exceeding  targetsAnnual inflation in Armenia continues to accelerate, not exceeding  targets
Armenia`s industrial sector declined by 3% in 10 monthsArmenia`s industrial sector declined by 3% in 10 months
Ardshinbank Lowers Interest Rates on Unsecured Consumer LoansArdshinbank Lowers Interest Rates on Unsecured Consumer Loans
IMF approves new three-year SBA (Stand-By Arrangement) with Armenia  amounting to $175 millionIMF approves new three-year SBA (Stand-By Arrangement) with Armenia  amounting to $175 million
Armenia attends Armenia attends "Resourcing Tomorrow" mining exhibition in London
Armenian Parliament ratifies agreement facilitating freight  transportation along EAEU transport routesArmenian Parliament ratifies agreement facilitating freight  transportation along EAEU transport routes
CBA head  announces international insurance group entering Armenian  marketCBA head  announces international insurance group entering Armenian  market
Economy Minister: Armenia sets record number of tourist visits in  NovemberEconomy Minister: Armenia sets record number of tourist visits in  November
Ardshinbank recognized as “Bank of the Year” in Armenia for the fifth time by The Banker magazineArdshinbank recognized as “Bank of the Year” in Armenia for the fifth time by The Banker magazine
National Assembly of Armenia adopted  draft state budget for 2026National Assembly of Armenia adopted  draft state budget for 2026
In 2025, improving public sector attractiveness and competitiveness   to cost  state treasury  additional $9 millionIn 2025, improving public sector attractiveness and competitiveness   to cost  state treasury  additional $9 million
Acba bank and France’s Proparco to continue strengthening their long-term strategic partnershipAcba bank and France’s Proparco to continue strengthening their long-term strategic partnership
Strengthening cybersecurity and protecting digital environment  continue to be among RA government`s priorities Strengthening cybersecurity and protecting digital environment  continue to be among RA government`s priorities 
Armenia intends to receive EUR 100mln credit line from FARArmenia intends to receive EUR 100mln credit line from FAR
Armenia to redistribute unused electric vehicle import quotas -  ministerArmenia to redistribute unused electric vehicle import quotas -  minister
Armenian Cabinet approves Free Trade Agreement between Eurasian  Economic Union and Indonesia.Armenian Cabinet approves Free Trade Agreement between Eurasian  Economic Union and Indonesia.
Ardshinbank and Visa are running a cashback campaign for their cardholders ahead of the New YearArdshinbank and Visa are running a cashback campaign for their cardholders ahead of the New Year
Armenia amends loan agreement with FDA to receive funds as early as  2025Armenia amends loan agreement with FDA to receive funds as early as  2025
 Armenian Card reports: Currently, due to technical issues with  Armenia`s internet channels, online transactions are not being  certified Armenian Card reports: Currently, due to technical issues with  Armenia`s internet channels, online transactions are not being  certified
RA ambassador to U.S. visits 6th Energy Innovation and AI forum 2025RA ambassador to U.S. visits 6th Energy Innovation and AI forum 2025
Development of small aviation  one of Armenian government`s  priorities - PashinyanDevelopment of small aviation  one of Armenian government`s  priorities - Pashinyan
RA Finance Minister: Armenia can repay public debt in 1.5 yearsRA Finance Minister: Armenia can repay public debt in 1.5 years
Arsen Torosyan: Raising the minimum wage has fiscal consequencesArsen Torosyan: Raising the minimum wage has fiscal consequences
Economy Minister: One of  directions for accelerated economic  development in Armenia by 2031 could be consolidation of all  micro-strategies into six major onesEconomy Minister: One of  directions for accelerated economic  development in Armenia by 2031 could be consolidation of all  micro-strategies into six major ones
Team Holding announces launch of bond placementTeam Holding announces launch of bond placement
AraratBank Joins Armenia`s New Greening Initiative: 100 Hectares of New Forest within Three YearsAraratBank Joins Armenia`s New Greening Initiative: 100 Hectares of New Forest within Three Years
FLYONE ARMENIA airline to launch Yerevan-Vienna-Yerevan flights next  April FLYONE ARMENIA airline to launch Yerevan-Vienna-Yerevan flights next  April 
Poverty does exist in Armenia, but government taking steps to  eradicate extreme poverty - premier Poverty does exist in Armenia, but government taking steps to  eradicate extreme poverty - premier 
Positive trend of high tax revenue growth in Armenia Positive trend of high tax revenue growth in Armenia 
Meeting with FAO delegation at RA Ministry of Economy Meeting with FAO delegation at RA Ministry of Economy 
Election promises kept - premier Election promises kept - premier 
Armenia, U.S. agree to launch joint initiatives to deepen bilateral  economic cooperationArmenia, U.S. agree to launch joint initiatives to deepen bilateral  economic cooperation
Expert critical of compulsory medical insurance Expert critical of compulsory medical insurance 
Textile Industry Operator  established in ArmeniaTextile Industry Operator  established in Armenia
Kaja Kallas: EU to provide Armenia with 15 million euros to  strengthen resilienceKaja Kallas: EU to provide Armenia with 15 million euros to  strengthen resilience
Armenia, Latvia to strengthen cooperation in several areas of  technologyArmenia, Latvia to strengthen cooperation in several areas of  technology
Edmon Marukyan to Marta Kos: If you really want to help, then support  us in constructing a new nuclear power plantEdmon Marukyan to Marta Kos: If you really want to help, then support  us in constructing a new nuclear power plant
Maintenance of NPP turbogenerators completed ahead of schedule Maintenance of NPP turbogenerators completed ahead of schedule 
Armenian NPP to continue cooperation with Chinese partners Armenian NPP to continue cooperation with Chinese partners 
S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospect.S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospect.
No import quota for electric cars in Armenia as of Nov 2, 2025 -  minister No import quota for electric cars in Armenia as of Nov 2, 2025 -  minister 
Armenian economy minister presents TRIP program in Vayots DzorArmenian economy minister presents TRIP program in Vayots Dzor
Head of RA State Revenue Committee participating in 9th High-Level  Meeting of Asian InitiativeHead of RA State Revenue Committee participating in 9th High-Level  Meeting of Asian Initiative
Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a RowEuromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row
RA ambassador to U.S., Trump Administration officials discuss  expansion of bilateral economic cooperation RA ambassador to U.S., Trump Administration officials discuss  expansion of bilateral economic cooperation 
S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospect.S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospect.
EDB: Armenia`s economic growth projected to remain high through 2025EDB: Armenia`s economic growth projected to remain high through 2025
Armenian Finance Minister emphasizes importance of ensuring tax  system predictabilityArmenian Finance Minister emphasizes importance of ensuring tax  system predictability
Armenia, Iraq to sign memorandum of cooperation in tourismArmenia, Iraq to sign memorandum of cooperation in tourism
Tourism cluster development program to be discussed with government  officials in Vayots DzorTourism cluster development program to be discussed with government  officials in Vayots Dzor
Possible re-operation of Kars-Gyumri railway line discussed in  IstanbulPossible re-operation of Kars-Gyumri railway line discussed in  Istanbul
Armenia`s Cabinet to adopt economic policy doctrine at its first  meeting - premier Armenia`s Cabinet to adopt economic policy doctrine at its first  meeting - premier 
Airbus A320s`software updated, all flights on schedule - Wizz AirAirbus A320s`software updated, all flights on schedule - Wizz Air
FLYONE ARMENIA invested $70 million in acquisition of three AIRBUS  A320 aircraftFLYONE ARMENIA invested $70 million in acquisition of three AIRBUS  A320 aircraft
Armenia, Greece  interested in developing cooperation in high  technologyArmenia, Greece  interested in developing cooperation in high  technology
Ruben Simonyan: Armenia and Turkmenistan have significant potential  for further developing cooperation in several areasRuben Simonyan: Armenia and Turkmenistan have significant potential  for further developing cooperation in several areas
Read more
Exchange rates
05.12.2025
RUB4.970.03
USD381.500.36
EUR444.45-0.23
GBP508.810.22
CAD273.570.66
JPY24.59-0.04
CNY53.970.07
CHF475.15-0.98