  Large-diameter pipe plant opens in Armenia  April 27, 2011 - 10:59 AMTPanARMENIAN.Net - The first-ever in South Caucasus large-diameter pipe plant opened in Armavir province of Armenia on April 27. “Large-diameter pipes have not been imported since 1990 while Armenia needs 80-120 km of such pipes annually,” Polimer Trub LLC director Arshak Nalbandyan told journalists. “The feedstock is brought from the Saudi Arabia and UAE. The pipes will be used for the hydropower plants, irrigation, sewage and construction works. The plant will employ 32 specialists and 12 technicians with an average monthly salary of AMD 200000.” Armenian President Serzh Sargsyan attended the opening ceremony accompanied by Armavir province governor Ashot Ghahramanyan and Central Bank chairman Arthur Javadyan. Polimer Trub LLC was founded by Syrian Armenians Suren and Arpin Vartanian. The construction of the plant started in 2009. Investments totaled US$5.8mln.  Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Macron says France commemorates 109th anniv. of Armenian genocide  Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Pashinyan: We must stop searching for homeland, we have found that homeland Prime Minister Nikol Pashinyan has shared a message on the 109th anniversary of the Armenian Genocide.Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements. |
