417.16 EUR 
536.59 RUR 
Armenia’s Vanadzor-Khimprom to resume producing fertilizers in September
YEREVAN, August 9. /ARKA/. Vanadzor-Khimprom chemical plant in the Armenian city of Vanadzor will resume producing fertilizers in September, Grisha Baghyan, the first deputy agriculture minister, said on Thursday.
He said that the plant will initially produce only carbamide nitrogenous fertilizers with 46-percent content of nitrogen and ammonium sulfate with 20-to-25-percent content of nitrogen and later will also start producing phosphorous fertilizers.
“Solvent demand for fertilizers in Armenia is estimated at 30 to 35 tons,” Baghyan said. “Initially, the plant will produce 15 tons of fertilizers a year, and later production volumes will be enlarged.”
The deputy minister stressed that only local raw materials will be used for producing fertilizers. He said that final price for products will be 30 to 40% lower than the cost of nitrate.
The Vanadzor chemical plant resumed operating in 2005 after it stood dysfunctional for long years. The plant belongs to Russia’s Roding Limited International registered in the Great Britain.
The plant’s output amounted to AMD 700 million in 2011 – 2.5-time year-on-year growth. -0-
16:23 09.08.2012
