“Under the current complex economic situation, this innovation will mitigate competitiveness of ARMENAL. However, solution to this problems is within RA Government’s competence,” ARMENAL Company’s Press Secretary Alexander Melkumyan told NEWS.am, commenting on restrictions imposed by EU on aluminium foil suppliers from Armenia, China and Brazil.

According to Bloomberg agency, EU imposed five-year tariffs as high as 30% on aluminium foil from China, Brazil and Armenia to help EU producers including Polish Grupa Kety SA compete against cheaper imports. The duties punish Chinese, Brazilian and Armenian exporters for selling the wrapping in the 27-nation EU below cost, a practice known as dumping. The levies target such manufacturers as Shanghai-based Alcoa Aluminum Products Co.

EU producers that also include Novelis U.K. Ltd., Greece’s Symetal Aluminium Foil Industry SA and Bulgaria’s Alcomet suffered “material injury” as a result of dumped imports from China, Brazil and Armenia.


The tariffs are 17.6% on Companhia Brasileira de Aluminio and any other Brazilian exporters, 13.4% on Armenia’s Rusal-Armenal and any fellow exporters and as much as 30% on Chinese manufacturers. The EU accepted an offer by Companhia Brasileira de Aluminio to sell at a minimum price in return for an exemption from the anti-dumping duty while rejecting a similar proposal by Rusal-Armenal.