ERAMET inaugurates titanium unit

Aubert & Duval of ERAMET Group and UKTMP have inaugurated their UKAD titanium ingot processing unit in Saint Georges de Mons, in the presence of the Deputy Prime Minister of Kazakhstan and the Prefect of the Auvergne Region. The UKAD unit will manufacture and sell titanium products (billets, bars, wire, sheets) mostly required for the aerospace market. This EUR 47 million investment has been supported by the signing of a long term Airbus and EADS contract, guaranteeing UKAD USD 1.2 billion worth of business until 2022. The creation of UKAD will allow UKTMP, UKAD and the Aubert & Duval group of companies to develop an integrated titanium sector and solidify a strong position among global market leaders.

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