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VSMPO Avisma has good prospects for development
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Thursday, 07 Oct 2010
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It is reported that Titanium demand will grow at the expense of new airplanes manufacture, such as A787, A380 and A350. Therefore the titinium semi-products market which basic consumer is the aerospace industry is very perspective. The titanium prices can grow to USD 65 to USD 70 thousand per 1 tonne positively having affected activity of the VSMPO-Avisma Corporation.

VSMPO-Avisma Corporation has good positions in the titanium market, in particular because it has the long-term contracts with the largest aviamanufacturers.

As a whole VSMPO-Avisma plans to make 22,000 tonnes in 2010 that by 10% above total 2009 its investment program assumes increasing of titanium output to 46,000 tonnes by 2016.

(Sourced from http://www.metalinfo.ru)

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