# 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.

- Type: Partnership
- Announced: 2017-05-29
- Where: India, India
- Value: $75.0M
- Status: announced
- Capacity: 10,000 metric tonnes per annum
- Products: aluminium pastes, aluminium powders, aluminium dross processing
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [UC Rusal](https://endata.com/companies/20628.md) (partner)
- [Runaya Metsource](https://endata.com/companies/23497.md) (partner)
- [Taha International Corporation](https://endata.com/companies/24552.md) (partner)

## Sources

- [livemint.com](https://www.livemint.com/Industry/KbIDvr8PXozQJvK3oMe6eN/Runaya-inks-75-million-pacts-with-2-global-firms.html), 2017-05-29: "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."

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