Runaya signs $75 million joint ventures with UC Rusal and Taha International

Runaya Metsource LLP has signed a 50:50 joint venture with Russia's UC Rusal to set up an aluminium pastes and powders production unit in India, and its affiliate RRL has tied up with Bahrain's Taha International Corporation for aluminium dross processing. Total investment is $75 million.

“Runaya’s strategy is to identify businesses focusing broadly on material sciences and deliver products with high technology applications, through alliances and partnerships with global leaders.”livemint.com

• 1 source
• livemint.comRunaya inks $75 million pacts with 2 global firmsPTIMay 29, 2017

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