In January-September Chepets Mechanical Works received 1.73 billion rubles of net profit, up by 24% YoY. Sales revenue reached 8.97 billion rubles, up by 2.5% YoY. Since the start of the year the company has paid 1.52 billion rubles of taxes to the budgets of various levels. (Ukrainian metal)
Chepets Mechanical Works has started manufacturing industrial ingots of intermetallic titanium alloys of increased weight (up to 1480 kg) for the aviation industry. The main advantages of these alloys are the high melting temperature, increased strength, plastic and fatigue properties, good high temperature strength at the temperature of up to 700 degrees C and better…
In January-July Chepets Mechanical Works received 1.134 billion rubles of net profits, up by 12% YoY, with earnings up by 3%, to 6.686 billion rubles. The works has signed a contract with Hermit GmbH for the delivery of titanium products to Europe. In 5 years the company will supply over 1 thousand tons of titanium…
Chepets Mechanical Works, a part of TVEL, has started producing large ingots of heat-resistant alloys on the basis of VIT-1 and VTI-4 titanium intermetallides. The company can now produce large ingots with the diameter of 450 mm and the weight of 1480 kg for aviation industry. In 5 years ChMZ started producing ingots and semi-finished…
Chepets Mechanical Works has concluded a 5-year contract for the delivery of a large batch of rolled titanium to Hermith GmbH. According to the agreement, the works will supply over 1 thousand tons of various titanium products to the European market valued at $34.5 million. “We plan to supply the ChMZ metal to all the…
Chepets Mechanical Works, a part of TVEL, has shipped the first batch of titanium to a European customer. The delivery was carried out under the 5-year contract, signed in December 2016 with a major foreign distributor. “According to the agreement the ChMZ specialists have worked out a product portfolio that is in demand on the…
Chepets Mechanical Works develops the civil products output, in particular, in just 1 year its titanium welding wire has taken up 50% of the Russian market. “Our titanium wire is the next generation product, – ChMZ CEO deputy Yevgeny Gusev said. – The low hydrogen content (not more than 0.001%) and progressive techniques provide for…