PRESS RELEASE

November 19th, 2024 

Hermith GmbH Expands Global Reach with New Offices in Ireland and Turkey 

Hermith GmbH, a leading European titanium manufacturer and supplier, continues to expand its global footprint by opening new offices in Dublin, Ireland, and Istanbul, Turkey. Founded in 2004 in Munich, Germany, Hermith GmbH has built a strong reputation over 20 years as a trusted titanium supplier and innovator, with a growing international network of titanium production sites and representative offices. This year, Hermith Group’s latest additions include Hermith Ireland LTD and Hermith Turkey LTD, reflecting the company’s commitment to broadening its international presence.

Expanding Operations in Ireland 

In Europe, Hermith’s Dublin office is a strategic location that enhances the company’s access to the aerospace and manufacturing sectors, leveraging Ireland’s growing business environment and proximity to key European markets. With an increasing demand for titanium in Europe, Hermith Ireland LTD serves as a vital hub for communication and engagement with clients, ensuring that the company’s titanium distribution network delivers reliable, timely service to customers across Europe and beyond. Moreover, Hermith’s decision to open an office in Ireland is strategically aligned with the region’s established aerospace industry, underlined by Bombardier’s presence in Northern Ireland with its Belfast facility providing advanced aircraft structures and components. Hermith’s presence in Ireland reflects its commitment to serving global markets and strengthening ties in regions with strong aerospace background.

New Presence in Turkey for Growing Markets 

Recognizing Turkey’s dynamic growth potential, particularly in the aerospace and medical sectors, Hermith GmbH opened an office in Istanbul to strengthen relationships and support emerging markets in both Europe and Asia. Hermith Turkey LTD enables faster and more efficient service, providing local clients with tailored solutions that meet the unique demands of these rapidly expanding industries.

Future Expansion in Asia 

Hermith GmbH is also planning to expand deeper into the Asian market with the opening of a new office in India by the end of 2025. India’s thriving aerospace and manufacturing industries make it a key market for titanium applications, and Hermith’s forthcoming presence there will support its commitment to meeting global demand. The expansion reflects Hermith’s dedication to serving high-growth regions with a focus on local accessibility and responsive customer service.

About Hermith GmbH  

Hermith GmbH is a global leader in the production and supply of high-performance titanium and titanium alloy products. Serving critical industries such as aerospace, automotive, medical, and precision mechanics, Hermith specializes in providing advanced materials known for their exceptional strength-to-weight ratios, corrosion resistance, and biocompatibility.  

With a focus on innovation, Hermith offers all the range of semi-finished titanium tubes (e.g. AMS 4945, AMS 4944, AMS 4943), plates (e.g. AMS 4911), sheets (e.g. AMS 4911), bars (e.g. AMS 4928, AMS 6931), and wire (e.g. AMS 4954), all adhering to the highest international standards such as AMS and ASTM. The company’s proprietary titanium alloys, backed by over 40 patents, deliver cutting-edge solutions tailored to meet the evolving needs of its global clientele.  

Headquartered in Munich, Hermith GmbH manages all global operations, encompassing critical areas such as research and development, production, quality control, logistics, and customer support. The Munich headquarters is the central hub of Hermith’s operations, ensuring streamlined communication, rapid response times, and efficient coordination of its titanium supply chain. The German-based team is also in charge of the company’s advancements in titanium technology, addressing the high standards demanded by aerospace, medical, and industrial clients worldwide.

PRESS RELEASE

October 18th, 2024 

Hermith GmbH announces certification of one more production site in China by DNV under the standards ISO 9001 and EN 9100

Another production facility of Hermith GmbH in Shanxi, China has been certified by Det Norske Veritas (DNV) to ISO 9001 and EN 9100 standards. This milestone not only demonstrates the company commitment to the highest quality and operational standards but also confirms its image of a long-term reliable supplier of titanium semi-finished materials to its global customers, most notably in the aerospace sector.

Hermith GmbH is a German full-cycle manufacturer and distributor of titanium semi-finished items. The company was established in 2004 in Munich and first operated as a distributor of titanium materials in the global market. In 2016 Hermith GmbH started its first own production and already in 2017 it was certified to EN 9100.

Mikhail Voitiuk, Deputy CEO of Hermith GmbH: “Considering the current shortage of titanium material on the market, which is further intensified by the unfavourable geopolitical conditions, it is particularly important to have alternative production facilities with the possibility of additional capacity expansion. Hermith GmbH currently operates several production sites, including its recently certified facility in China. Within the recent five years the company has managed to increase its production capacities by three times, ensuring enhanced sustainability of its material supply.” In parallel Hermith GmbH also significantly extended its product portfolio, for instance for Grade 5 sheets and Grade 9 tubes. Today the company production range includes round and rectangular bars, plates and sheets, tubes and wire for various applications.

As the global demand for titanium continues to rise year by year, the need for alternative sources has become more critical than ever. The newly certified facility of Hermith GmbH offers a secure, compliant, and sustainable solution to meet the growing requirements of all industries that require high-quality titanium, especially in the aerospace industry. Today Hermith is an approved supplier of Bombardier, Airbus (A220), Pilatus and Leonardo. It also delivers its material to Embraer, Gulfstream, Pratt & Whitney, General Electric, Rolls-Royce, as well as many other companies on the global international market. Additionally, Hermith GmbH is actively working to obtain approvals from more major global aerospace leaders, including Boeing.

Hermith GmbH continues to expand the company global presence with enhanced certifications and a broader range of titanium products, while remaining focused on delivering high-quality materials that meet the evolving needs of our customers in aerospace, medical, industrial, automotive and other industries. Currently the company is working on new opportunities of production in additional countries worldwide.

Hermith GmbH Explores Opportunities at Future Minerals Forum 2024 in Saudi Arabia

January, 2024

Alexey Rasskazov Future Minerals Forum 2024

Alexey Rasskazov, Managing Director of Hermith GmbH

Hermith GmbH, a leading Titanium manufacturer and supplier with two decades of expertise, is pleased to announce that our Managing Director, Alexey Rasskazov, and the Hermith Team recently attended the prestigious Future Minerals Forum 2024 in Saudi Arabia.

Saudi Arabia, with its vast capital potential, is not only focusing on developing its industry from exploration to downstream battery metal processing but is also poised to become the central hub for mineral knowledge and finance across the Middle East, Africa, and Central Asia region.

The Hermith team found the Forum particularly intriguing and vital given the strategic importance of titanium sponge in industries such as aerospace, aviation and advanced medical. As a key player in titanium production, Hermith GmbH recognizes the importance of participating in initiatives that shape the future of the mining industry.

We are grateful to Saudi Arabia and the organizers of the Future Minerals Forum for providing a platform to explore new opportunities and collaborate. Hermith GmbH remains committed to innovation, excellence and contributing to the development of industries using titanium products.

Official Forums Link: Future Minerals Forum 2024

Interview with Wirtschaftsforum: Titanium for Europe – by Europeans

July, 2022

Alexey Rasskazov, Managing Director of Hermith GmbH

Alexey Rasskazov, Managing Director of Hermith GmbH

Titanium is a sought-after raw material that is used in many different industries. However, titanium resources are scarce. Demand in Europe is high – and growing. Hermith GmbH, based in Munich, is one of the few European suppliers of titanium. Given the shortage of the material, the company is developing a process for manufacturing of additive parts that can reduce material waste by a factor of ten.

Wirtschaftsforum: Mr. Rasskazov, you are one of the very few titanium producers based in Europe. What is Hermith’s core competency?

Alexey Rasskazov: We originally started out just distributing and trading titanium, with sources in Russia and the United States. Then we went further and further, initially began with technical support for our customers and then developed and patented more and more processing methods. In 2015 we started our own production and since 2016 we have been supplying Europe with our own products. We now have a whole range of semifinished titanium products, with a focus on aircraft construction. In Germany and Europe we have only a few competitors. We bundle all technological solutions and patents in our Munich headquarters to react flexibly. We supply all the well-known names in the industry, such as Bombardier, Airbus, Leonardo, Pilatus, Embraer, Golfstream, General Electric and Pratt & Whitney.

Wirtschaftsforum: Do you specialize in certain products?

Alexey Rasskazov: We specialize in tubes. We are able to deliver the largest dimensions as well as the smallest diameters. Only a few suppliers worldwide can do that. In addition, we also have round and rectangular bars, plates and ingots in our portfolio. We cut the products individually according to customers requirements and supply them with exactly what they need. We are flexible, faster than the big companies and also work with the smallest quantities.

Wirtschaftsforum: Titanium is an important raw material with limited sources. What role does sustainability play in your business?

Alexey Rasskazov: In Germany alone there are already 700 companies that process the material. The supply of titanium must be secured in the long term, it is essential for system-critical areas. We are in close contact with the Ministry of Economy in Berlin and Munich, as well as the European Commission. In 2020, the European Commission added titanium to the list of critical raw materials because the EU does not have its own source of titanium and the demand for this material is very high. For the aerospace industry it is allowed to use a maximum of 20% of remelted titanium. We are one of the world leaders in development of additive manufacturing. Traditionally, titanium is forged, then milled into the required shape. You can’t cast titanium, it loses its structure. Since 2017 we have cooperation with a leading company for the production of additive parts. We generate parts from wire layer by layer. With the traditional method, there is a material loss of up to 86%. In additive manufacturing, it is just 8%. This is the method of the future. We would like to open the first factory in Europe to use it. US companies are currently dominating the market and aircraft manufacturers are dependent on them. The prices are high.

Wirtschaftsforum: You have become very successful in a very difficult market. How did you manage that?

Alexey Rasskazov: We observe the markets, trends and the competition very closely. The demand for titanium is high. We are fast and flexible and our international team that is open to innovations.

Wirtschaftsforum: What do you expect from 2022?

Alexey Rasskazov: The war was a human shock for us. The situation is unstable, the dynamics are negative. Both are bad for business. Still we get good support from the economic authorities, such as the Committee on Eastern European Economic Relations, the chambers of commerce and the German Aerospace Industries Association. Hermith GmbH is not on the sanctions lists, we are allowed to continue producing in Russia, while production there is completely under our control. Although the political situation is unstable, deliveries are continuing.

Wirtschaftsforum: Against this background, as an entrepreneur, do you have an appeal to politicians?

Alexey Rasskazov: Our company has an international team, with employees from Russia, Ukraine, Germany, India and many other countries. Today we implement projects in many countries around the world. We had big plans in Ukraine, which we’ve all put on hold for now. We need peace – as soon as possible.

Link to the source:  https://www.wirtschaftsforum.de/interviews/hermith-gmbh/titan-fuer-europa-von-europaeern

Hermith GmbH at ILA 2018 in Berlin

Alexey Rasskazov, Managing Director of Hermith GmbH

Our CTO with Staatsminister Franz Josef Pschierer

Of particular interest to our clients were Hermith’s Seamless Tubes. These tubes are in the aerospace market the key for hydraulic applications, requiring ductile, seamless, thin wall tubes that can also resist very high pressures. This has become one of our key products, as Hermith GmbH is the only European producer of tubing with a fully vertically integrated production cycle: from the Titanium sponge to the finished tubing, the whole production process is done in-house. Thanks to this, Hermith GmbH is in the position to provide its clients lead times starting from 3 months and about 30% lower prices than others on the market.

Hermith GmbH wants to thank all its existing and new clients for all the positive feedback and the inspiring conversations during the show and the ILA organizational team for the great job they did. A special thanks to the Bavarian Government, in particular, Staatsminister Franz Josef Pschierer, for all the support they gave to us from the beginning of our activity and for visiting us and the other Bavarian companies at ILA.