Market Overview

Alcoa, Russia's VSMPO-AVISMA to Form JV

Alcoa (NYSE: AA), and Russia's VSMPO-AVISMA Corporation have agreed to join forces to meet growing demand for high-end titanium
and aluminum products for aircraft manufacturers worldwide.

Alcoa Chairman and CEO Klaus Kleinfeld (right) and VSMPO Chairman Sergei Chemezov (left), signed a cooperation agreement at a ceremony in Moscow, marking the first step in forming a new joint venture company to meet growing demand for high-end titanium and aluminum products for aircraft manufacturers worldwide. Photo courtesy of the press service of Rostec Corporation.

Alcoa Chairman and CEO Klaus Kleinfeld and VSMPO-AVISMA Chairman Sergei
Chemezov signed a cooperation agreement at a ceremony in Moscow, marking
the first step in forming a new

See full press release

Posted-In: News Guidance Financing Offerings Contracts Management Global

 

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