Sandvik Materials Signs SEK2 Billion Contract With AREVA For Steam Generator Tubes

Published: 02-Jul-2009

By: Staff Writer Staff Writer Staff Writer

Sandvik Materials Technology (Sandvik Materials), a subsidiary of Sandvik AB, has signed a contract with AREVA NP SAS for steam generator tubes for the nuclear power industry. The contract is valued at more than SEK2 billion, and deliveries will begin in the end of 2013. The steam generator tubes will be used in nuclear power plants all over the world.

“The nuclear power industry places extremely high demands on product quality and performance. This agreement strengthens Sandviks’ position as a leading supplier of steam generator tubes for the rapidly expanding nuclear power industry,” says Peter Gossas, president of Sandvik Materials Technology business area.

Sandvik Materials Technology is a producer of stainless steels, alloy materials and value-added products, developed in close cooperation with customers.