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LYNCHBURG, Va., Dec. 31, 2002 -- Framatome ANP, an AREVA and Siemens company, and PSEG Nuclear LLC, signed a contract for the supply of 4 replacement steam generators for Unit 2 of the Salem nuclear power plant in New Jersey.
This contract falls within the scope of a strategic alliance formed between PSEG LLC and Framatome ANP in the third quarter of 2002. The new steam generators will be manufactured by the Framatome ANP plant at Chalon Saint-Marcel. The delivery date set is beginning of April 2006.
Joel Pijselman, Senior Executive Vice President responsible for the Equipment Business Group declared: "Thanks to its Chalon Saint-Marcel facility which manufactures primary nuclear equipment, Framatome ANP is the premier nuclear vendor to offer a full scope supply. This major strategic advantage reinforces our position on the American Steam Generator and Vessel Head Replacement markets."
PSEG Nuclear LLC operates Hope Creek, a 1050 MWe boiling water reactor, and Salem units 1 and 2, two 1100 MWe pressurized water reactors.
Framatome ANP (Advanced Nuclear Power), an AREVA and Siemens Company, is the world's premier nuclear supplier. Framatome ANP's focus includes comprehensive engineering, instrumentation and control, nuclear services, heavy component manufacture, modernization, fuel assemblies for many reactor designs, including those supplied by other vendors, and the development and construction of nuclear power plants and research reactors.
Framatome ANP is headquartered in Paris with principal subsidiaries in the U.S. and Germany. In the company, AREVA has a 66 percent share and Siemens 34 percent. Framatome ANP has a total workforce of approximately 14,000 worldwide and posts annual revenues totaling more than EUR 2.5 billion.
For further information, visit: www.framatome-anp.com
AREVA, a world specialist in nuclear energy and connectors, unites COGEMA, FRAMATOME ANP and FCI. The Group has more than 50,000 employees and is present in 30 countries. Its sales totaled almost EUR 9 billion in 2001. For further information, visit: http://www.arevagroup.com.
Source: Framatome ANP
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