ARMENAL reported a 77% production increase from January to June 2009 compared to H1 2008 and said it expected 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 minimisation of the rate of rejects due to production defects.

‘The keys to success for ARMENAL’s workers were reduced material consumption rates, firmer process discipline, and a comprehensive programme implemented to reduce costs and raise the yield ratio,’ said ARMENAL’s Managing Director Sergey Borovik. ‘The yield ratio more than doubled in only twelve months to 72.4% and we are set to improve that important performance indicator to 75%.’ 

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.

About ARMENAL

Founded in May 2000 as part of the Kanaker aluminium smelter, ARMENAL is one of the largest industrial sites in Armenia and the only aluminium foil mill in the Caucasus and Central Asia. After joining RUSAL in 2000 the foil mill became part of the Company’s Packaging Division, which also includes SAYANA Foil, SAYANAL, and Urals Foil. ARMENAL employs 670 people.

About RUSAL

RUSAL (www.rusal.com) is the global leader in the aluminium industry, accounting for approximately 12% and 15% of global production of aluminium and alumina respectively. RUSAL sells its products in 70 countries worldwide and employs 90,000 people in 19 countries, across 5 continents.

To learn more about aluminium please visit www.aluminiumleader.com