CB&I, CPI power Engineering Company together building nuclear power plants

CB&I, CPI Power to build nuclear power plants in China

6:59 AM, 3rd October 2013
CB&I, CPI power Engineering Company new JV to start building nuclear power plants in China.

THE WOODLANDS, US: CB&I has signed an agreement with CPI Power Engineering Company Ltd, a subsidiary of China Power Investment Corporation (CPI), to form a joint venture to build nuclear power plants in China.

CB&I’s scope will include the provision of engineering, procurement, construction management, commissioning, project management and technical support services for new nuclear power plants planned and invested by CPI in China. CPI is one of the largest state-owned power generation companies and one of the three nuclear power plant owners and operators in China.

Since 2012, the State Council of China has approved construction of four new nuclear power plants and is expected to approve approximately 30 more nuclear power plants by 2020 to meet the nuclear power capacity stipulated in China’s Mid- and Long-term Development Plan for Nuclear Power.

“This new commitment with CPI will reinforce CB&I’s leadership position building next-generation nuclear power plants around the world. We are looking forward to continuing our relationship with CPI and contributing to China’s long-term nuclear power plans,” said Philip K Asherman, President and Chief Executive Officer, CB&I.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

PPG to invest $60 million in coatings facility in Lipetsk, Russia

PITTSBURGH, US: PPG Industries plans to invest $60 million in a new manufacturing facility and commercial operation for its coatings businesses in the ...

Read more
BASF completes sale of Industrial Water Management subsidiary in France

LUDWIGSHAFEN, GERMANY: BASF has successfully closed the transaction to divest its subsidiary Industrial Water Management (IWM) France SAS headquartere ...

Read more
LyondellBasell opens technology centre in Houston, US

HOUSTON, US: LyondellBasell has opened the 70,000-square-foot Houston Technology Centre to develop process technologies and chemical catalysts for its ...

Read more
BASF appoints new Chairman and Managing Director, Raman Ramachandran

MUMBAI, INDIA: BASF India Limited has appointed Dr Raman Ramachandran as the new Chairman & Managing Director with effect from 1 October 2013, sub ...

Read more
Arkema, Watan to build organic peroxide facility in Saudi Arabia

COLOMBES, FRANCE: Arkema, the world’s second largest producer of organic peroxides, and Saudi investment company Watan Industrial Investment hav ...

Read more
Converting glucose to biofuels efficiently

LOS ANGELES, US: University of California, Los Angeles (UCLA) chemical engineering researchers have created a new synthetic metabolic pathway for brea ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X