TOKYO -- Japan's Toho Titanium plans to ramp up production capacity for a titanium product by more than 10%, as the aerospace industry seeks alternative suppliers to replace imports from Russia, Nikkei has learned.
A joint venture in Saudi Arabia will start running at full capacity by year-end in its production of titanium sponge, an intermediate product used to make titanium alloys. A lightweight yet strong metal, titanium has wide-ranging applications from airplanes to chemical plants.