NEW YORK Kluchevsky Ferro-Alloy Plant has become a
shareholder in New Jerseys F.W. Winter Inc. & Co., as
the Russian company plans to boost its chrome sales in the
Camden, N.J.-based F.W. Winter will exclusively market the lump
aluminothermic chrome metal, extra-low-carbon ferrochrome and
other alloys produced at Kluchevskys plant in
F.W. Winter, which produces metal and alloy powders, will also
continue to be a consumer of Kluchevsky ferroalloys. The
shareholding builds on a relationship between the two companies
cultivated over many years, F.W. Winter vice
president of commercial John Vickers told AMM.
Vickers said that the deal will see Dvurechensk-based
Kluchevsky expand its presence in the North American and South
American chrome markets.
Part of that expansion is our consumption of chrome at
F.W. Winter. Its one of the critical components we use,
so this agreement is a good fit, he said.
The deal, which Vickers said was reached after months of
negotiation, takes effect on Feb. 28. The size of
Kluchevskys stake in F.W. Winter was not disclosed.
This partnership will enable us to serve directly all our
customers in North and South America and strengthen our
relationships with them, Kluchevsky chairman Sergej
Gilwarg said in a statement.