Innovation Proposals
Institute of General and Inorganic Chemistry after M.G. Manvelyan Institute of General and Inorganic Chemistry after M.G. Manvelyan
Division of Chemistry and Earth Sciences

Use of the Armenian volcanic rocks in production of continuous mineral fibers for composite, filtering, heat-and soundinsulating materials

N Investment project title Use of the Armenian volcanic rocks in production of continuous mineral fibers for composite, filtering, heat-and soundinsulating materials
1. Sector

Industry, construction

2. Project description

Fabrication of continuous mineral fibers from Armenian volcanic rock such basalt, perlite, andezito-bazalt, slags etc. instead of glass fiber with requested properties for obtaining composite materials

3. Project implementation period 3 years
4. Project location M.Manvelyan Institue of General and Inorganic Chemistry of NAS RA
5. Project overall cost (USD) 900.000
6. Required investments (USD) 900.000
7. Own funds (USD) -
8. Creation of jobs At the beginning of the project At the end of the project
40 30
9. Payback period 10 years
10. Annual profitability index 18%
11. Detailed costs

-

12. Offer to investor

-

13. Contact details

Ninel Gurgenyan, Head of the Laboratory of M.Manvelyan Institute of General and Inorganic Chemistry of NAS RA 
E-mail: gurnelius {[ at ]} gmail.com
Tel.: (+374 91) 575655



Perlite fibers
Perlite fibers