Ati announces termination of joint venture with russian-based vsmpo

Pittsburgh, march 9, 2022 /prnewswire/ -- today, ati (nyse: ati) announced the termination of uniti, llc, its joint venture with russian-based vsmpo-avisma (verkhnaya salda metallurgical production association - berezniki titanium-magnesium works) to market and sell a range of commercially pure titanium products. the joint venture primarily focused on selling to industrial markets such as power generation, chemical and petroleum processing, automotive, and transportation.
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