Alcoa Samara, Russiaâs producer of fabricated aluminum, and VSMPO-AVISMA Corporation, the manufacturer of titanium ingots and forged products, has recently declared the operational launch of its joint venture â named AlTi Forge – after receiving all necessary regulatory approvals from the Russian government. This manufacturing partnership will expand on the companiesâ mutual and complementary strengths in making large, advanced aerospace forgings at Alcoaâs plant in Samara. JV will serve major global and domestic aircraft manufacturers to meet their demand for large-type forged products of advanced titanium and aluminum alloys for aircraft, such as landing gear beams and wing pylons.
Maxim Smirnov, president Alcoa Russia: âAlcoaâs expertise in advanced aluminum and titanium alloys for aerospace industry, combined with VSMPO-AVISMAâs global leadership in titanium production, forms a strong partnership. Through this joint venture, we are growing Alcoaâs range of multi-material offerings to enhance the competitiveness of our aerospace business and position it for continued profitable growth.â? A cooperation agreement marking the first step in forming a new joint venture between Alcoa and VSMPO-AVISMA was signed at a ceremony in Moscow.
