Velan awarded nuclear valve contracts in China worth $36M
Montreal manufacturer’s French subsidiary will deliver the valves through 2018 and 2019.
MONTREAL — Industrial valve manufacturer Velan Inc. has been awarded contracts worth $36 million to supply nuclear-class valves for use by nuclear power companies in China.
The Montreal company’s subsidiary in Lyon, France was awarded the contracts for delivery in 2018 and 2019 by China Nuclear Power Engineering Corp. (CNPEC), China Nuclear Power Engineering Co. Ltd. (CNPE), China Nuclear Energy Industry Corp. (CNEIC), and State Nuclear Power Engineering Corp. Ltd (SNPEC).
The CNPEC orders include critical nuclear-classified forged valves, and high-pressure gate, globe, and check valves with electric actuators for the two new generation Hualong HPR1000 nuclear plants (Fangchengang Units 3 and 4).
The orders for CNPE and CNEIC, both part of the China National Nuclear Corp. (CNNC), involve nuclear-classified valves for the two new nuclear power plants to be built in Jiangsu province (Tianwan Units 5 and 6). The mainly high-pressure forged valves with electric or pneumatic actuators will be used inside nuclear containment vessels.
The SNPEC contract involves ASME Class 1 valves for the new reactors CAP1400 located in Rongsheng Units 1 and 2, and for six reactors located in Sanmen Units 3 and 4, Haiyang Units 3 and 4, and Lufeng Units 1 and 2.
Velan, with sales of US$426.9 million last year, employs 1,900 people and has manufacturing plants in nine countries.