UKAD unit was inaugurated in the presence of the Deputy Prime Minister of Kazakhstan and the Prefect of the Auvergne Region.
On September the 19th 2011, Aubert & Duval (ERAMET Groupe) and UKTMP inaugurated their UKAD titanium ingot processing unit in Saint Georges de Mons, in the presence of the Deputy Prime Minister of Kazakhstan and the Prefect of the Auvergne Region. UKAD will be involved in manufacturing and selling titanium products (billets, bars, wire, sheets) mainly required for the aerospace market.
This 47 million euro investment has been supported by the signing of a long term Airbus and EADS contract meaning tha UKAD is guaranteed 1.2 billion dollars worth of business up to 2022. The creation of UKAD will enable to UKTMP, UKAD and Aubert & Duval Groupe of companies to develop an integrated titanium sector and create a strong position among global market leaders.
UKAD society has been officially created on December the 24th 2008. Aubert & Duval and Ardor Holding (UK) Limited (UKTMP’s partner for the sale of the Kazakh Company) both hold 50% of the
