Armenia in industry, tourism, services, agriculture experienced great prosperity. Chemicals themselves are divided into categories of chemical compounds, chemical elements, and ions. Russia is Armenia's primary trading partner and a major source of imports. The chemical industry refers to the sector of the economy that is involved in the production, manufacturing, and distribution of chemicals and chemical products. Armenia's ranking in the world is upwards in property purchase and construction. Nanochemistry is a new discipline that combines chemistry with nanoscience

• Armenia Nitrogen Market
• Armenia Chlorine Market
• Armenia Sulfuric Acid Market
• Armenia Phosphoric Acid Market
• Armenia Ammonia Market
• Armenia Detergent Market
• Armenia Oxygen Market

Following the collapse of the Soviet Union, much of Armenia's chemical sector was laid waste. IN THE former Soviet Union, Armenia was the chemical powerhouse of the Caucasus. By the 1980s, chemicals accounted for 6. The collapse of the USSR began a chain of events that dealt Armenia's chemical industry a series of blows. Is 2009 the time for things to finally kick off? According to the Interfax Centre for Economic Analysis, Armenia has the capability to produce a great range of chemical products, including plastics, rubber, latex, asbestos products, acids, oxides, salts, paint materials, perfumes, cosmetics, polymers, resins, agricultural chemicals and fertilizers and household chemicals, as well as chemical elements and compounds. Over the past eight years, Armenia jumped a staggering 56 places up the Index of Economic Freedom (a series of 10 economic measurements created by the Heritage Foundation and Wall Street Journal) , and in 2008 stood in 28th place, making it the most economically free country in the Caucasus (Georgia was 32nd, Azerbaijan 107th, and Russia 134th. During those years, foreign investment in the Armenian chemical industry has risen, with interest being shown from countries such as Iran, Great Britain, the US, and Switzerland. The communications and mining sectors attract the most investment from abroad (Armenia has extensive reserves of copper, gold, and precious stones), but within the chemical industry the pharmaceutical sector seems to have become the most prominent on the domestic market, where manufacturers such as Iran's Arpimed and Switzerland's AZAD Fine Chemicals. The "Nairit Plant" is the largest chemical production facility in Armenia, where carbinol syrup, caustic soda, liquid chlorine, and monocarboxylic acids are manufactured. Traditionally, Armenia's greatest chemical export has been chloroprene rubber (used in the manufacture of tires). While producing many of these chemicals for export, Armenia still remains a net importer of chemicals. That ratio has improved over the past ten years, but Armenia still remains a potentially attractive market for European exporters. Armenia has a lot to offer the chemical industry, such as a benign economic environment, skilled workforce, and competitive cost base. Armenia's infrastructure is in dire need of repair. Driving along these routes with truckloads of hazardous or flammable chemicals poses an amount of physical and environmental risk, which some Western companies are reluctant to take. However, a certain amount of progress is being made on certain routes, for example because of the lack of restrictions on remittances from the large expatriot Armenian community abroad. Armenia is completely reliant on other countries for oil and gas. Therefore, Armenia is almost completely dependent on imported energy. Armenia's capacity into the early part of this decade was flat, and much of the equipment still used in these plants is outdated. However, recent privatization in the energy sector has led to greater investment to update and safely guarantee Armenia's energy supplies. Armenia is a landlocked country, sandwiched between Georgia in the north, Turkey to the west, Azerbaijan in the east, and Iran to the south. Many Armenian imports from the Black Sea area have to come through Georgia. When the tension that exists between Georgia and Russia occasionally erupts, this can have knock-on effects: Russian exports destined for Armenia, waiting to be shipped through Georgia, can be halted while hostility remains, and trade stops. Unlike its northern neighbor, Armenia's relations with Russia are positive (Russia provided 32. 5% of foreign investment in 2007, the single largest investor), and during times of conflict the Armenian public has displayed irritation at Georgia's diplomacy with Russia, which it deems unnecessarily Following Armenia's war with Azerbaijan over both Turkey and Azerbaijan closed their borders, which remain closed to this day. Armenia would also be able to export its mineral fertilizers into the rural areas of eastern Turkey. It would enable an oil pipeline to be built from Baku, the capital of Azerbaijan, directly through Armenia into Turkey and beyond - a pipeline that bypasses Russia. "Armenia's chemical processing capabilities are more advanced than those in Azerbaijan. If the border were opened, Azeri oil companies could then pipe crude over the border for Armenia to refine. Unfortunately, neither Turkey nor Azerbaijan will consider reopening borders until Armenia relinquishes its claims over sovereignty. Relations between Armenia and Turkey are also becoming increasingly strained as a result of the lobby among the diaspora there calling for Turkey to recognize the mass slaughter of Armenians in 1915 in the Ottoman Empire as genocide. On a more positive note, however, the Turkish president's invitation and attendance at a football match in Yerevan last September are encouraging. Also, meetings between the presidents of Armenia and Azerbaijan, Serzh Sargsyan and Ilham Aliev, in St. As the Armenian proverb says, "If the village stands, it can break a trunk," meaning "strength increases in unity. "Looking at where Armenia is, it is a gateway to the Middle East, and an inland link from the Black Sea to the Caspian. In 2007 he worked in Yerevan, Armenia, at the Noyan Tapan news agency.
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Browse Research Asia Armenia All Categories Heavy Industry Materials & Chemicals Chemicals Region: Chemicals . and varnishes in Armenia. Armenia. offers the most up-to-date industry data on the actual market situation, and future outlook for chemical and physical analysis equipment in Armenia. most up-to-date industry data on the actual market situation, and future outlook for prepared and artificial waxes in Armenia. industry data on the actual market situation, and future outlook for lubricating oil additives in Armenia. on the actual market situation, and future outlook for supported catalysts in Armenia. on the actual market situation, and future outlook for anti-knock preparations in Armenia. most up-to-date industry data on the actual market situation, and future outlook for oil and gasoline additives in Armenia. Armenia. in Armenia.
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This report is a comprehensive research of chemical industry in Armenia. The first two chapters of the report feature the country profile by giving general information on Armenia and by thoroughly studying its economic state, (including key macroeconomic indicators and their development trends). Related news bulletins update and add the finishing touch to an overview of economic situation in Armenia. The aim of this study is to provide a tool which will assist strategy group and the management team specialists in making correct decisions as how to penetrate the Armenia market and how to catch the maximum commercial opportunities in dealing with business partners in this country. ARMENIA: COUNTRY PROFILE. ARMENIA: FINANCIAL AND ECONOMIC PROFILE. Armenia foreign trade 2. PECULIARITIES OF DOING BUSINESS IN ARMENIA. ARMENIA CHEMICAL INDUSTRY OVERVIEW. ARMENIA CHEMICAL INDUSTRY PORTER FIVE FORCES ANALYSIS. ARMENIA ECONOMY NEWS AND ANALYSIS DIGEST. *Please note that Chemical industry in Armenia: Business Report 2021 is a half ready publication.
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