OREANDA-NEWS. August 24, 2011. VSMPO-AVISMA Corporation, the Russian manufacturer of titanium, aluminium and steel semi-finished products, and Embraer S.A., the world’s largest manufacturer of commercial jets up to 120 seats, based in Brazil, signed an Amendment to the existing Long Term Agreement for supply of semi-finished products and die-forgings in titanium alloys extending duration of the Agreement till 2020.

The original Long Term Agreement was signed in year 2000 and since then the scope of cooperation between Embraer and VSMPO-AVISMA Corporation was broadened and confirmed in 2006. The current Agreement is the second extension of long term supply arrangements.

PSC VSMPO-AVISMA Corporation, headquartered in Verkhnaya Salda, Sverdlosk Region of Russian Federation, is the world’s largest producer of titanium products. Corporation is deeply integrated into the world aerospace industry and for many companies is the basic strategic supplier of products from the titanium. Production facilities comprising the Corporation are united by a single process flow and employ approximately 25,000 people globally. AVISMA’s sponge titanium is used at VSMPO in production of higher value-added products, such as billet, bar, plate, sheet, section, forging, die forging and etc. Up to 70% of such titanium products are exported. In addition to finished products sales, Corporation can also provide with some conversion and production services: cutting, heat-treatment, machining, etc.