Mr Hayk Grigoryan and Ms Hasmik Hunanyan founded the company Santa-Monica LLC in 2004.

The company specialises in the development of different types of self-adhesive tapes as well as the production of stretch film used to wrap food, cargo, and other products. Santa-Monica LLC, which has registered trademarks, has offered its products on the market since 2009 and has also participated in numerous product exhibitions. An additional important branch of the company’s business is the customised printing of client trademarks, addresses, images, etc., on adhesive tapes.

With the aim of increasing production volumes and expanding the variety of products offered, the owners decided to purchase several specific industrial equipment.

Client:	Santa-Monica LLC
Business activity:	Production of self-adhesive tapes
Green investment:	Total investment volume of AMD 37 million: Double Shaft Rewinding Machine BOPP tape slitting machine  Tape Packing Machine
Energy and environment-related effects:	Total relative energy savings: 27% Projected absolute energy savings during lifetime (15 years): 73 MWh GHG emissions reduction after completion of the project: 30 tons CO2 equivalent
Additional benefits:	Increased competitiveness Reduced operation and maintenance costs Reduced production costs and technological needs Reduced energy costs and CO2 emissions Improved working conditions