Towards Ultimate Stable Quality
Expanding the application areas—spreading our unique in-house manufacturing tech and quality tech throughout the world
The high level of our technologies for manufacturing titanium products is well demonstrated by the fact that our products are used as engine components and structural materials designed for light-weight airframes needed by customers in the aerospace industry where quality requirements are severe.
Technical requirements from aircraft manufacturers are all very severe, and in order to qualify as a supplier we must constantly produce a stable supply of materials with proven high quality sustained over long period of time after initial delivery. This approach of ours to the "absolute stable quality" required by the aerospace industry has allowed us maintain our leading position in titanium manufacture.
Titanium Manufacturing Process (Kroll Process)
From Titanium Sponge to Mill Products
Establishment of Joint Venture Company for Titanium Sponge Production in the Kingdom of Saudi Arabia
Toho Titanium Co., Ltd. (“Toho”) has agreed to establish a joint venture company to construct a titanium sponge production plant in Saudi Arabia with The National Industrialization Company (“Tasnee”), and The National Titanium Dioxide Company Limited (“Cristal”) on January 22, 2014. Toho and Advanced Metal Industries Cluster Company Limited (“AMIC”) which is the subsidiary for investment that has equity partnerships with Cristal and Tasnee, on December 10, 2014. New company was established on February 29, 2016.
We are preparing for the start of commercial production scheduled during the fiscal Year 2018.
The new sponge plant is under construction on the technology park in Yanbu, Saudi Arabia, and will be provided a stable supply of titanium tetrachloride, the primary raw material of titanium sponge from the titanium dioxide plant adjacent to it.
In addition, the new company will produce high quality titanium sponge with Toho’s advanced production technology and competitive energy costs.
Through the joint venture project, we will highly strengthen our competitive edge of titanium business of the future.
Outline of New Company
|Corporate Name||Advanced Metal Industries Cluster and Toho Titanium Metal Company Limited|
|Headquarters Location||Yanbu, the Kingdom of Saudi Arabia|
|The Board Members||CEO Dr. Fadi M. Trabzuni
COO Mr. Shigeo Ampo (Executive Managing Officer, Toho)
Directors (part time) Mr. Tomoyuki Urabe (Rep. Director, Deputy CEO, Toho)
Three other directors（six directors in total）
|Business||Manufacturing and distributing titanium sponge in Saudi Arabia|
|Capital||SAR 450,000,000 (USD 120 million)|
|Date of Establishment||February 29 , 2016|
|Accounting Term||31 December|
|Main Shareholders||Toho 35.0%
Joint venture project to produce titanium-alloy products for aerospace ( NIPPON STEEL & SUMIKIN NAOETSU TITANIUM CO.,LTD)
Based on the joint venture agreement with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), Toho Titanium Co., Ltd. (“Toho”) in April 2014 made an equity participation NIPPON STEEL & SUMIKIN NAOETSU TITANIUM CO.,LTD. (“NSSNT”) which was established by NSSMC in September 2013 to produce titanium-alloy ingots for aerospace applications. NSSNT has installed VAR (Vacuum Arc Remelting) furnaces in December 2014 and stated producing titanium-alloy ingots.
We will strongly promote our melting businesses with our four production sites along with Chigasaki Plant, Yahata Plant and Hitachi Plant.