Russia's VSMPO Avisma plans to increase output this year to 21,000 tonnes, up 10% from 2009.

Mr Mikhail Voyevodin CEO of VSMPO Avisma said that to reach this volume the producer of the metal, which is widely used in aircraft building, planned investments of RUB 4.5 billion.

The company, a supplier to plane makers Boeing and Airbus has not yet published production results for 2009. It had planned to produce 19,200 tonnes of titanium last year after cutting output to 26,600 tonnes in 2008. The company had to postpone to 2014 a major output expansion plan to 44,000 tonnes to 46,000 tonnes initially targeted for 2012 due to the financial crisis.