VALLOUREC: Vallourec to supply Framatome with steam generator tubes for the new Hinkley Point C EPRs
29 Maggio 2018 - 5:50PM
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 VallourecVallourec 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.
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