The basalt fiber constructions made in Armenia will be exported overseas, told Armenian Argel basalt fiber plant director Edik Grigoryan to NEWS.am.

The basalt fiber plant investment program in Armenia’s Kotayk region has been recently approved by the government. “The government supports us. Now we wait for the authorities to set the necessary construction standards. They are already adopted in Russia, so we can localize them,” Grigoryan said.

According to him, the basalt fiber can be effectively used in building structures.  “But you can also use it in a lot of other things, such as the shell for unmanned aircraft. These are not just fantasies. For example, Audi has been going through the use of basalt spirals,” he added.

The interest towards basalt structures is understandable, added the plant director, as these structures are about seven times lighter than steel and three times stronger. “In addition, they are not subject to corrosion. The basalt has a very good quality. It remains strong,” Grigoryan said.

Earlier, the company was exporting basalt fiber to Russia but had to stop after the Russian ruble exchange rate fluctuated. “We already have preliminary agreement with two construction companies in Asia. They requested us to undergo certification. When the process is complete, we will sign a contract and regular deliveries will start. In other words, we will start working again,” Grigoryan added.