Velan Awarded Nuclear Valve Contracts Worth $16.2 Million
Velan SAS, Velan Inc.’s wholly owned subsidiary located in Lyon, France, has been selected by CNPE (China Nuclear Power Engineering Co ,Ltd.) and as a result, the CNEIC (China Nuclear Energy Industry Corporation) awarded an important contract to Velan for the supply of nuclear-classified gate and globe valves for the two new nuclear power plants of FuQing Units 3 and 4 located in Fujian province, China. The scope of supply is mainly high-pressure forged valves complete with electric or pneumatic actuators for service inside nuclear containment. These valves are scheduled for delivery from 2012 until 2014.
Source: Velan















