From France to China; Velan valves are traveling east

摘要

Earlier this year, Velan S.A.S., Velan Inc.'s wholly owned subsidiary located in Lyon, France, was awarded important contracts for the supply of nuclear class valves to China Nuclear Power Engineering Corporation (CNPEC), China Nuclear Power Engineering Co. Ltd., China Nuclear Energy Industry Corporation, CHINERGY, and HUANENG. These nuclear valve orders represent a sales value of approximately USD 34 million and are scheduled for delivery throughout the coming few years. For CNPEC, the orders are for valves for the two new ACPR1000-design nuclear plants of HongYangHe Units 5 and 6. The scope of supply consists of nuclear-classified forged valves, electric-operated gate valves, globe valves with pneumatic actuators, and swing check valves.