Two Pittsburgh-based companies, ATI and Ansys, announced they would no longer be doing business with Russian companies.
In a press release, ATI announced it had terminated its joint venture Uniti, LLC, with Russian-based VSMPO-AVISMA to market and sell pure titanium products. The joint venture focused primarily on selling to industrial markets such as power generation, chemical, and petroleum processing, automotive, and transportation. The venture is expected to wind up expeditiously, the company said, and end no later than the end of 2022.
“We appreciate our nearly 20-year collaboration and thank our partners for working with us to serve our shared customers,” said Kevin Kramer, board member of the joint venture and Chief Commercial & Marketing Officer of ATI.
As a response to Russia’s invasion of Ukraine, Ansys had previously announced it had suspended all sales transactions and business development consulting in Russia and Belarus. On Thursday, the company said it would also make a financial contribution to Doctors Without Borders to support the Ukrainian refugees.
Ansys, a global leader in engineering simulations, said it stands alongside the international community condemning Russia for its invasion of Ukraine and the suffering and loss of life that resulted. The company said it is continuing to monitor the crisis and stands by its employees who have family and friends affected by the conflict.
The company said it remains committed to the actions of the global community in supporting an end to the events unfolding in Ukraine and hopes for a rapid resolution to the crisis.