VSMPO-Avisma to supply $250 mln products to Rolls-Royce by 2016

MOSCOW, Aug 16 (PRIME) — Russian titanium producer VSMPO-Avisma has signed three long-term agreements on product supplies with U.K. machinery producer Rolls-Royce worth about U.S. $250 million in 20112015, VSMPO-Avisma said in a statement Tuesday.

Under the terms of the agreements, VSMPO-Avisma is to supply semi-finished products, disc stampings, and coils.

No other details were provided.

VSMPO-Avisma is the worlds largest titanium product producer, with exports accounting for 80% of its sales.


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