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Customers VSMPO-AVISMA fear of supply disruptions

Despite the fact that customers of VSMPO-AVISMA Corporation is not currently experiencing difficulties with the purchase and the receipt of the product in accordance with paragraphs agreements and placing their own business in the Russian Federation, on the part of some customers received a proposal to create a kind of «safety stock». The main function of such a facility should be the establishment of safeguards in the event of disruptions in the supply of products. At the same time the company's management believes that there is no need, because the situation is quite stable in such measures. This is evidenced by the recently concluded an additional agreement to the existing agreement between VSMPO-AVISMA Corporation and «Airbus» for the manufacture and shipment of new brands of products — forgings intended for «Airbus» project. In accordance with the supply contract will begin in 2015. Supplementary Agreement between corporations will give them the opportunity to develop new projects with the use of products with high added value. Despite the fact that the cooperation between the companies experience is about 20 years, continuing the constant search for new ways of development to bring the partnership to a new level. Thanks to joint efforts of delivery of VSMPO-AVISMA have moved from conventional titanium semi-finished products for forging with elevated levels of machining. For the company «Airbus» and «Airbus Group» is VSMPO-AVISMA is the general supplier, since the 1990s.

In addition the corporation is in talks with the company «Boeing-UBM» for the expansion created by the joint efforts of enterprises in the Sverdlovsk region, «Ural Boeing Manufacturing». The company says that the sanctions of the European Union and the United States that apply to a number of companies, entrepreneurs and banks to the Russian Federation in no way affect the collaboration «Boeing» and VSMPO-Avisma, which is carried out in a normal mode. Thus, under US sanctions fallen Sergei Chemezov, the head of «Rostec» and the head of the Board of Directors of VSMPO-AVISMA Corporation. In July of this year, VSMPO-AVISMA and «Boeing» to extend the existing contract for the shipment of titanium mill until 2022, and there are no prerequisites to the fact that «Boeing» violate its obligations.

Today VSMPO-AVISMA Corporation is the global leader in the titanium market and the main corporation to supply titanium products to companies operating in the aerospace sector.

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