# VSMPO-AVISMA plans titanium processing JVs with UAC and Figeac Aero in Titanium Valley

VSMPO-AVISMA intends to start titanium product processing joint ventures with United Aircraft Corporation (UAC) and Figeac Aero, located in the Titanium Valley Special Economic Zone in the Middle Urals. Total investment in the VSMPO – New Technologies facility is about 1.7-1.8 billion rubles, with first batch production scheduled for Q1 2018.

- Type: Investment
- Announced: 2016-11-14
- Where: Titanium Valley Special Economic Zone, Middle Urals, Sverdlovsk Region, Russia
- Value: $27.0M (1.75B RUB)
- Starts operating: Q1 2018
- Status: announced
- Products: titanium product processing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [VSMPO-AVISMA](https://endata.com/companies/20043.md)
- [Figeac Aero](https://endata.com/companies/16651.md) (partner)
- [United Aircraft Corporation](https://endata.com/companies/20044.md) (partner)

## Sources

- [rusbiznews.com](https://www.rusbiznews.com/news/n2738.html), 2016-11-14: "VSMPO-AVISMA intends to start titanium product processing joint ventures with the United Aircraft Corporation (UAC, Russia) and Figeac Aero (France)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.