(ArmInfo) -- Polymer Pipes plant was launched in Armenia on Wednesday. Investments in the production totaled USD 5.8 mln.
Executive Director of Polymer Pipes Arshak Nalbandyan told reporters that the plant produces 120km pipes annually. It can produce 2-15atm pressure resistant pipes with a diameter of 800,1100, 1200 and 1400 mm. Such pipes are used in hydropower generation, construction and irrigation systems. Annual consumption of large diameter pipes in the country totals 80-120 km. In 2011 the technical capacity of the plant is 80 km.
Nalbandyan said that there is no similar production in the South Caucasus. Since early 90s Armenia has imported no polymer pipes. Such import is very expensive and production was launched in the country, especially that steel pipes are subject to corrosion and need modernization, the executive director said.