VSMPO-Avisma will invest 21 billion rubles. in the production of titanium parts
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The world’s largest titanium producer VSMPO-Avisma is investing 21 billion rubles. in the construction of a plant for the production of small titanium parts for aircraft and shipbuilding, as well as for medicine in the special economic zone (SEZ) “Titanium Valley” in the Sverdlovsk region. The corporation announced this on July 12.
The corresponding agreement of intent was signed on the sidelines of the industrial exhibition “Innoprom” by the director of “VSMPO – New Technologies” (a subsidiary of the corporation) Vitaly Volkov and the general director of the SEZ “Titanium Valley” Andrey Antipov.
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