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Boeing and United Technologies reported to be stockpiling titanium from Russian supplier

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Boeing and United Technologies reported to be stockpiling titanium from Russian supplier

US media reports that Boeing and United Technologies have been stockpiling titanium from Russian producer VSMPO-Avisma, as a precaution against supply disruption if the new US/EU sanctions against Russia escalate further.

Boeing, United Technologies and Airbus Group buy a substantial share of their titanium requirement from VSMPO-Avisma Corp.

The stockpiling is reported to have commenced as early as March 2014, after the conflict in Crimea and the Ukraine first began.