Eramet

Published : June 16th, 2015

MKAD: Aubert & Duval and Mecachrome create MKAD joint venture

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Keywords :   Europe | France | Kazakhstan | Market | Reality | Titanium |

MKAD: Aubert & Duval and Mecachrome create MKAD joint venture


AUBERT & DUVAL (ERAMET Group)

and MECACHROME create joint venture

A new unit for machining large titanium aircraft parts

- June 2015 -

MECACHROME Florence BOURLIER Communications Manager

Contacts presse

AUBERT & DUVAL Anne-Laure PERRIN VP Communications


Email : [email protected]

Tel.:+33 (0)2 4730 6767

Find out more:mecachrome.com

Email : [email protected]

Tel.: +33 (0)1 4538 3824

Find out more:aubertduval.fr

LES (PETITES) FICELLES

Press agency

Caroline Segoni - Céline Chouzet

Email : [email protected]

Tél. : +33 (0)6 74 36 95 21 - +33 (0)7 77 07 70 81

Press release

Paris, June 15th, 2015

AUBERT & DUVAL (ERAMET Group) and MECACHROME announce the creation of MKAD

MECACHROME and AUBERT & DUVAL, two global players in the aerospace sector, are pooling their strengths and expertise in a joint venture called MKAD.

MECACHROME and AUBERT

& DUVAL announce the creation of MKAD, a joint venture specialising in finishing aviation-grade titanium parts.

MKAD - towards full integration of the European aviation titanium stream

MECACHROME and AUBERT & DUVAL announce the creation of MKAD, a joint venture specialising in finishing aviation-grade titanium parts. Extending AUBERT & DUVAL's current titanium stream, MKAD will have machining and surface treatment facilities and will integrate end-of-flow operations through to delivery of finished parts, all on a single site.

AUBERT & DUVAL and MECACHROME, with the creation of MKAD, are building on the partnership of AUBERT

& DUVAL, UKTMP and UKAD to form a fully integrated stream for closed die-forged aviation-grade titanium parts, from mining through to delivery of finished parts.

Extraction at UKTMP in Kazakhstan, forging at UKAD, finishing at MKAD and, finally, closed-die forging of parts at AUBERT & DUVAL : the integrated aviation-grade titanium stream is now a reality in Europe.
MKAD is an industrial partnership with the aim of supporting our customers by creating an optimised Supply Chain with the capacity needed for forged titanium parts, while improving and its products' competiveness and Buy-to-Fly ratio by limiting waste and making recycling easier.
MKAD's creation will enable AUBERT & DUVAL and MECACHROME, which are already very active on the hard metal machining market, to enhance their expertise in this area, strengthen their positioning on the latest global aerospace programmes, and keep up their development strategy, which has been very active in recent years.

MKAD's location in Varilhes, Ariège, France


MKAD will take the form of an over 7,000 m2 plant to be built in Varilhes, near AUBERT & DUVAL's Pamiers site and Toulouse, France's main aerospace hub. The capital project is planned to ramp up over three years to come on stream starting mid-2016, with the creation of around 80 jobs.

The French State, the Midi-Pyrénées region, the Ariège département council and Varilhes local authorities have rallied round this promising project.

2

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : France | Kazakhstan | All
Gold and Silver Prices for these countries : France | Kazakhstan | All

Eramet

DEVELOPMENT STAGE
CODE : ERA.PA
ISIN : FR0000131757
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Eramet is a nickel producing company based in France.

Its main assets in development are PRONY WEST and CREEK PERNOD in New Caledonia and its main exploration property is WEDA BAY in Indonesia.

Eramet is listed in France and in Germany. Its market capitalisation is €UR 2.3 billions as of today (US$ 2.5 billions, € 2.3 billions).

Its stock quote reached its highest recent level on March 03, 2006 at €UR 99.95, and its lowest recent point on April 26, 2024 at €UR 88.25.

Eramet has 26 543 218 shares outstanding.

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