Titanium sale seals Russian-French aerospace deal
Published: 12 February, 2008, 06:12
A detail of liquid hydrogen and oxygen rocket engine "Vulcain n°2" (Snecma - groupe Safran)
(1.4Mb) embed videoRussian titanium producer V.S.M.P.O. Avisma has signed a US$ 300 million long-term deal to supply titanium to French aircraft engine maker Snecma and other members of the Safran aerospace group.
The agreement came into life on January 1 this year, after months of negotiations.
V.S.M.P.O. Avisma is the world's biggest producer of titanium products.
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