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VSMPO-Avisma Targets 33% Increase in Titanium Output This Year

OAO VSMPO-Avisma, the Russian titanium producer that supplies the metal to companies including Boeing Co., plans to increase output by 33 percent this year, according to its corporate newsletter.

The Verkhnaya Salda-based company, controlled by state-run Russian Technologies Corp., is targeting output of 32,700 metric tons, up from 24,600 tons last year, Head of Production Dmitry Trifonov said in the newsletter published on its website.

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