VSMPO-AVISMA Corporation (russian: ВСМПО-АВИСМА) is the world's largest
titanium
Titanium is a chemical element with the symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resistant to corrosion in ...
producer. Located in
Verkhnyaya Salda
Verkhnyaya Salda (russian: Ве́рхняя Салда) is a town in Sverdlovsk Oblast, Russia, located on the Salda River (right tributary of the Tagil), north of Yekaterinburg. Population:
History
It was founded in 1778; town status was g ...
, Russia,
VSMPO-AVISMA
VSMPO-AVISMA Corporation (russian: ВСМПО-АВИСМА) is the world's largest titanium producer. Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany, United States and poselok ...
also operates facilities in Ukraine, England, Switzerland, Germany, United States and poselok Beryozovsky. The company produces titanium, aluminum,
magnesium
Magnesium is a chemical element with the symbol Mg and atomic number 12. It is a shiny gray metal having a low density, low melting point and high chemical reactivity. Like the other alkaline earth metals (group 2 of the periodic ta ...
and
steel alloys
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...
. VSMPO-AVISMA does a great deal of business with
aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astrona ...
companies around the world, such as
Boeing
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
and
Airbus
Airbus SE (; ; ; ) is a European Multinational corporation, multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace manufacturer, aerospace products worldwide and manufactures aircraft througho ...
.
VSMPO is a part of
Rostec
Rostec ( rus, Ростех, p=, r=Rostekh), officially the State Corporation for Assistance to Development, Production and Export of Advanced Technology Industrial Product Rostec (russian: Государственная корпорация по ...
— a Russian
state-owned
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...
defense company. As of February 2022, VSMPO produced 90% of titanium in Russia and exported it to 50 countries all over the globe.
VSMPO stands for VerkhneSaldinskoye Metallurgicheskoye Proizvodstvennoye Ob'yedineniye (, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or AVIation Special MAterials).
History
After
Rosoboronexport
JSC Rosoboronexport (russian: AO Рособоронэкспорт, ''Rosoboroneksport'') is the sole state intermediary agency for Russia's exports/imports of defense-related and dual use products, technologies and services. The Rosoboronexport F ...
obtained an 66% stake in October 2006 of VSMPO-Avisma,
Sergey Chemezov
Sergey Viktorovich Chemezov (russian: Сергей Викторович Чемезов; born 20 August 1952) is the CEO of Rostec Corporation, a state-owned defense conglomorate. A former KGB agent and high-ranking general, Chemezov befriended ...
became chairman of VSMPO-AVISMA in November 2006.
On 27 December 2007 US
Boeing
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
and VSMPO-AVISMA created a joint venture Ural Boeing Manufacturing and signed a contract on
titanium
Titanium is a chemical element with the symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resistant to corrosion in ...
products deliveries until 2015. Boeing planning to invest 27 billion dollars in the production of titanium parts for its needs.
The company is a key organizer of the
Titanium Valley project.
In November 2021, “VSMPO-AVISMA” and Boeing signed an agreement to increase producing capacity of JV Ural Boeing Manufacturing (UBM) as well as project investment cost of
R&D sector. The agreement maintains the role of “VSMPO-AVISMA” as the biggest titanium supplier for Boeing. Only four months later, following the
Russian invasion of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...
, the agreement was terminated, as well as a 2007 agreement.
In November 2021, the Arbitration Court of
Sverdlovsk Oblast
Sverdlovsk Oblast ( rus, Свердловская область, Sverdlovskaya oblast) is a federal subject (an oblast) of Russia located in the Ural Federal District. Its administrative center is the city of Yekaterinburg, formerly known as S ...
ordered to the company to pay 651 million roubles for pollution on ground area of 347538 square meters pro rata to
legal action.
Controversies
Sanctions
2014–2022
Despite VSMPO-AVISMA's affiliation to Rostec, the company was not affected by the
American and European sanctions during the first phase of the
Russo-Ukrainian War
The Russo-Ukrainian War; uk, російсько-українська війна, rosiisko-ukrainska viina. has been ongoing between Russia (alongside Russian separatist forces in Donbas, Russian separatists in Ukraine) and Ukraine since Feb ...
. In December 2020, the company was temporarily included in the American sanction list due to its connections with the
Russian Armed Forces
The Armed Forces of the Russian Federation (, ), commonly referred to as the Russian Armed Forces, are the military forces of Russia. In terms of active-duty personnel, they are the world's fifth-largest military force, with at least two m ...
, but later the US lifted the sanctions against VSMPO-AVISMA.
2022–onwards
Following the
Russian invasion of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...
in February 2022, several international companies ceased their collaboration with VSMPO-AVISMA. Thus, in March 2022,
Rolls-Royce Holdings
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for ...
and Boeing suspended purchasing titanium from the company for an indefinite period.
Related organizations
Subsidiaries
*CJSC Tube Works VSMPO-AVISMA
**
Nikopol,
Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...
*VSMPO-Tirus UK
**
Redditch
Redditch is a town, and local government district, in north-east Worcestershire, England, approximately south of Birmingham. The district has a population of 85,000 as of 2019. In the 19th century, it became the international centre for the ...
,
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
**VSMPO-Tirus UK is VSMPO-AVISMA's sales and distribution centre for UK customers.
*VSMPO – Tirus GmbH
**
Frankfurt-am-Main
Frankfurt, officially Frankfurt am Main (; Hessian dialects, Hessian: , "Franks, Frank ford (crossing), ford on the Main (river), Main"), is the most populous city in the States of Germany, German state of Hesse. Its 791,000 inhabitants as o ...
,
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
*VSMPO-Tirus US
[http://www.vsmpo.ru/core.php?p=439]
**
Highlands Ranch, Colorado
Highlands Ranch is an unincorporated community and a census-designated place (CDP) located in and governed by Douglas County, Colorado, United States. The CDP is a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area. The po ...
(Head Office)
**
Leetsdale, Pennsylvania
Leetsdale is a borough in Allegheny County, Pennsylvania, along the Ohio River. It is part of the Pittsburgh Metro Area. The population was 1,218 at the 2010 census.
History
Leetsdale was incorporated on March 28, 1904. Leetsdale at one time had ...
(Eastern production center)
**
Ontario, California
Ontario is a city in southwestern San Bernardino County in the U.S. state of California, east of downtown Los Angeles and west of downtown San Bernardino, the county seat. Located in the western part of the Inland Empire metropolitan area, ...
(Western production center)
*VSMPO Tirus AG
**
Lausanne
, neighboring_municipalities= Bottens, Bretigny-sur-Morrens, Chavannes-près-Renens, Cheseaux-sur-Lausanne, Crissier, Cugy, Écublens, Épalinges, Évian-les-Bains (FR-74), Froideville, Jouxtens-Mézery, Le Mont-sur-Lausanne, Lugrin (FR-74), ...
,
Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
*NF&M International
**
Monaca
Monaca ( ) is a borough in Beaver County, Pennsylvania, United States along the Ohio River, northwest of Pittsburgh. The population was 5,615 as of the 2020 census. First incorporated as Phillipsburg as the home of the New Philadelphia Societ ...
,
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
References
Literature
*
External links
*
*
Firmakes Titanium
{{DEFAULTSORT:Vsmpo-Avisma
Mining companies of Russia
Steel companies of Russia
Mining companies of the Soviet Union
Non-renewable resource companies established in 1941
Companies listed on the Moscow Exchange
Rostec
Companies based in Sverdlovsk Oblast
1941 establishments in the Soviet Union
Manufacturing companies established in 1941
Titanium companies