VALLOUREC: Vallourec to supply Framatome with steam generator tubes for the new Hinkley Point C EPRs
29 Maggio 2018 - 5:49PM
Vallourec to
supply Framatome with steam generator tubes for the new Hinkley
Point C EPRs
Boulogne-Billancourt, May 29, 2018 - Vallourec, world
leader in premium tubular solutions, announces that its subsidiary
Valinox Nucléaire SAS, specializing in the production of tubes for
nuclear power plants, has signed a major contract with Framatome
for the manufacture of more than 47,500 tubes for the 8 steam
generators of the two new EPR Hinkley Point C units located in
England.
"This contract
once again shows Vallourec's expertise as a key partner in the
French nuclear industry and testifies to the solidity of our
long-standing collaboration with Framatome," said Philippe
Crouzet, Chairman of the Management Board.
These tubes supplied by Valinox
Nucléaire-the only interface between the primary system and the
secondary system in pressurized water reactors-transfer heat from
the reactor to the secondary loop in order to produce steam that
drives a higher power turbine generating electricity.
As critical components in a
nuclear power plant, these tubes contribute to the safety of the
facility and their quality is an important element in ensuring
reactor performance. "These tubes comply with the
strictest nuclear safety standards," said Stéphane Jeanneteau,
President of Valinox Nucléaire.
Production of this 1,000 km order
will begin in 2018 at the Group's Montbard site (Burgundy, France),
which has over 40 years of experience in this highly technical
field.
Based in France and China for its
nuclear activities, Vallourec is involved in nuclear projects
throughout the world and covers all its customers' needs with a
complete range of premium tubes, in terms of both dimensions and
steel grades.
About
Vallourec
Vallourec is a world leader in premium tubular solutions for the
energy markets and for challenging industrial applications such as
oil and gas wells in harsh environments, new generation power
plants, daring architectural projects, and high-performance
mechanical equipment. Vallourec's pioneering spirit and
cutting-edge R&D continually open new technological frontiers.
Operating in more than 20 countries, its nearly
19,500 dedicated and passionate employees work hand-in-hand
with their customers to offer much more than just tubes: they
deliver innovative, reliable, competitive solutions to make every
project possible.
Listed on the Euronext in Paris (ISIN code: FR0000120354, ticker
VK) and eligible for the Deferred Settlement Service (SRD),
Vallourec is included in the following indices: SBF 120 and Next
150.
In the United States, Vallourec has established a sponsored Level 1
American Depositary Receipt (ADR) program (ISIN code: US92023R2094,
ticker: VLOWY). The parity between the ADR and an ordinary
Vallourec share is 5 for 1.
vallourec.com
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For more information, please
contact:
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Tel: +33
(0)1 41 03 77 50 / +33 (0)6 45 45 19 67 |
Tel: +33
(0)1 49 09 39 76 |
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heloise.rothenbuhler@vallourec.com |
investor.relations@vallourec.com |
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Individual shareholder relations |
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Toll-Free
Number: 0 800 505 110 |
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actionnaires@vallourec.com |
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information contained therein.
Source: VALLOUREC via Globenewswire
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