Titanium eyes boon from commercial aero mart
Oct 14, 2011 | 05:15 PM
| Frank Haflich
Tags
titanium,
ITA,
VSMPO-Tirus,
RTI International Metals,
Michael Metz,
VSMPO-Avisma,
Frank Haflich
LOS ANGELES Strong build rates for new airliners will spur a 68-percent growth in titanium shipments to the commercial aerospace sector by mid-decade, while slower-growing military sales will be driven in large part by escalating demand from China, according to titanium supply executives.
Michael Metz, president of VSMPO-Tirus U.S. Inc., a Highlands Ranch, Colo.-based subsidiary of Russias VSMPO-Avisma Corp., told the International Titanium Association (ITA) at its annual conference in San Diego that worldwide mill products demand for commercial aircraft will grow to an expected 47,000 tonnes (about 103.6 million pounds) in 2015 from 28,000 tonnes (61.7 million pounds) in 2010.
That will be driven primarily by a requirement in 2015 of more than 25,000 tonnes at Boeing Co. and about 20,000 tonnes at European aircraft maker Airbus SAS, according to Metz, who is also president of ITA.....
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