VSMPO-Avisma says Gazprom considers possible partnership

MOSCOW, Dec 18 (PRIME) -- Russian gas giant Gazprom is studying production potential of titanium giant VSMPO-Avisma for possible partnership, the titanium producer said in a statement on Wednesday after a Gazprom delegation visited the Sverdlovsk Region’s city of Verkhnyaya Salda to study VSMPO-Avisma’s production and discuss partnership.

“After analyzing production potential of VSMPO-Avisma, the leader of the world’s titanium industry, we discussed the possibility of using titanium in our technologies,” the company said quoting Alexei Kryukov, CEO of Gazprom Transgaz Yekaterinburg.

Gazprom is looking for products to substitute imports, and working on technologies for small-batch production of liquefied natural gas (LNG). Before making decisions and signing contracts, Gazprom plans to visit to the company anew at the beginning of 2020, VSMPO-Avisma said.

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