Get access to latest Armenia plastic rubber tenders and bids. Find business opportunities and government contracts for Armenia plastic rubber tenders, global plastic rubber tenders, government plastic rubber tenders Armenia, Armenia plastic tenders, Armenia rubber tenders, Armenia plastic bags tenders, tire tenders, tube tenders, Armenia pvc tenders, tyre tenders. Find Armenia plastic rubber bids, tenders, procurement, RFPs, RFQs, ICBs. Search for Armenia plastic rubber tenders online. The Armenian economy contracted sharply in 2020, by 5.7%. In contrast it grew by 7.6 per cent in 2019, the largest recorded growth since 2007, while between 2012 and 2018 GDP grew 40.7%, and key banking indicators like assets and credit exposures almost doubled. Until independence, Armenia's economy was based largely on industry—chemicals, electronic products, machinery, processed food, synthetic rubber and textiles; it was highly dependent on outside resources. Armenian mines produce copper, zinc, gold and lead. The vast majority of energy is produced with imported fuel from Russia, including gas and nuclear fuel for Armenia's Metsamor nuclear power plant. The main domestic energy source is hydroelectric. Small amounts of coal, gas and petroleum have not yet been developed. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Economic ties with Russia remain close, especially in the energy sector. Plastics are a wide range of synthetic or semi-synthetic materials that use polymers as a main ingredient. Their plasticity makes it possible for plastics to be moulded, extruded or pressed into solid objects of various shapes. This adaptability, plus a wide range of other properties, such as being lightweight, durable, flexible, and inexpensive to produce, has led to its widespread use. Plastics typically are made through human industrial systems. Most modern plastics are derived from fossil fuel-based chemicals like natural gas or petroleum; however, recent industrial methods use variants made from renewable materials, such as corn or cotton derivatives. Rubber as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds. Thailand, Malaysia, and Indonesia are three of the leading rubber producers. A synthetic rubber is any artificial elastomer. They are polymers synthesized from petroleum byproducts.