ATI’s New Titanium Sponge Facility Achieves Qualification
March 14 2012 - 9:14AM
Business Wire
Allegheny Technologies Incorporated (NYSE:ATI) announced today
that its Rowley, UT titanium sponge facility has completed the
standard-grade qualification (SQ) process. Titanium sponge produced
at the Rowley facility can now be applied to many products used for
aerospace airframe, medical, and industrial applications.
“This is an important accomplishment as we continue the process
of achieving our strategic goal of a cost-effective
premium-titanium sponge facility,” said Rich Harshman, Chairman,
President and Chief Executive Officer. “This approval follows an
extensive series of audits, inspections, and qualifications to
characterize the attributes of the sponge produced at the Rowley
facility.
“The qualification comes at an historic time in the aerospace
industry as OEMs increase production to unprecedented rates for
both airframes and jet engines. We are also seeing increased demand
from the jet engine aftermarket. In addition, demand remains strong
for our titanium products from the medical and industrial
markets.”
Titanium sponge is a critical raw material used to produce
titanium mill products. The ATI Rowley facility uses the Kroll
reduction - vacuum distillation process, which reduces titanium
tetrachloride with magnesium to produce the sponge.
Building the World’s Best Specialty Metals Company®
Allegheny Technologies Incorporated is one of the largest and
most diversified specialty metals producers in the world with
revenues of approximately $5.2 billion during 2011. ATI has
approximately 11,400 full-time employees world-wide who use
innovative technologies to offer global markets a wide range of
specialty metals solutions. Our major markets are aerospace and
defense, oil and gas/chemical process industry, electrical energy,
medical, automotive, food equipment and appliance, machine and
cutting tools, and construction and mining. Our products include
titanium and titanium alloys, nickel-based alloys and superalloys,
grain-oriented electrical steel, stainless and specialty steels,
zirconium, hafnium, niobium, tungsten materials, forgings,
castings, and fabrication and machining capabilities. The ATI
website is www.ATImetals.com.
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