PJSC VSMPO-Avisma, the world’s largest titanium producer, is on the list of enterprises subject to restrictions under export control rules. This was reported in Federal collection record Official documents of the American government.
In total, the US Department of Commerce imposed export restrictions on 28 organizations in Germany, China, the United Arab Emirates, Oman, Pakistan and Finland. Among them there are five Russian companies.
Being on the Ural titanium giant’s list means that export transactions with it require separate licenses from American authorities.
One year ago VSMPO-Avisma Company I started to think The possibility of independently extracting raw materials for its production in Russia. The world’s largest titanium producer has expressed interest in the use of the Central titanium-zirconium deposit in the Tambov region.
Previously, Kosachev was a member of the European Union lasted Get yourself caught in the spiral trap of sanctions.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.