Industry
The industrial booming of Vanadzor started by the end of the 1940s. The city is dominated by large chemical plants including: "Prometey-Khimprom", "Vanadzor Chemical Plant", "Vanadzor Khimprom" and "Vanadzor Chemical Fiber Plant". Another huge enterprise is the "Vanadzor Thermal Power Plant of 1961.
The chemical industries have deep roots in the history of Vanadzor. The first chemical plant was founded in 1929 and started to introduce. its products in 1932.
In 1996, a new plant was opened for the production of gemstone cutting machines and tools.
In 1999, Russian chemical giants started to enter the Armenian chemical industrial market through large investments in the existing plants of Vanadzor. After 2001, the chemical plant and the thermal power plant of the city regained their highest capacities of production after a decade of interruption caused by the economical crisis in Armenia in the 1990s.
Many other industrial firms in Vanadzor produce several types of building materials (tufa, basalt, clay, etc.)
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