LOCAL TESTING HAVE ALREADY KICKED OFF IN THE ARMENIAN-CHINESE RUBBER FACTORY WHICH IS BEING CONSTRUCTED IN CHINA

YEREVAN, JUNE 16, ARMENPRESS:Local testing has already kicked off in the Armenian-Chinese rubber factory which is being constructed in China on nearly 100 hectares of territory. The construction mounting works have already finished. Vice Director of “Nairit-2” factory Albert Sukiasian told Armenpress that the local testing will be followed by the general testing after which the factory will be exploited which is intended at the end of this year. The entire sum of project of construction of Armenian-Chinese factory reaches more than 140 million USD. Armenia is the shareholder of 40% of the factory and China – 60%. Armenia’s main investment in this project is the mental property in respect of the newest technologies of rubber production which ensure high security of production and few wastes. A. Sukiasian stresses the importance that during the reproduction the Chinese rich experience will also be implemented. The Armenian technologies of rubber production have been inputted and implemented in Armenia yet since 1993- 1994. On the initial round the factory is intended to produce 30 000 tons of rubber annually. According to A. Sukiasian there are also prospects for the increase of volumes of production conditioned by the demand. The factory product must entirely be consumed in China where, according to him, there is a quite extended market.-0-/39/