Westinghouse, State Nuclear Power Technology sign joint venture agreement

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Westinghouse Electric Company and State Nuclear Power Technology (SNPTC) formed a joint venture (JV), SNPTC-WEC Nuclear Power Technical Services (Beijing) to provide supplier qualification services to the global AP1000 nuclear power plant market.

The new company will work to meet the goal of qualifying suppliers and further develop the supply chain within China for AP1000 nuclear power plant equipment and components to be used there.

In addition, the company will work toward a goal of exporting equipment and components made by qualified Chinese suppliers to other global markets, and importing components and equipment made by qualified suppliers elsewhere in the world for use in China.

Westinghouse president and CEO Danny Roderick said the JV will incorporate the international experiences and standards in quality and safety of both companies and work to improve the performance of the global nuclear industry.

“One of the most important roles of this joint venture is the contribution it can make to the overall quality and safety of nuclear equipment worldwide,” Roderick added.

“This joint venture also provides the opportunity for collaboration in new markets. We expect to provide new opportunities for business both within and outside of China.

“By forming this joint venture, we have a mechanism for delivering our goods and services together to a broader range of customers, delivering mutual business success.”

Westinghouse Electric Company and State Nuclear Power Technology (SNPTC) formed a joint venture (JV), SNPTC-WEC Nuclear Power Technical Services (Beijing) to provide supplier qualification services to the global AP1000 nuclear power plant market.

The new company will work to meet the goal of qualifying suppliers and further develop the supply chain within China for AP1000 nuclear power plant equipment and components to be used there.

In addition, the company will work toward a goal of exporting equipment and components made by qualified Chinese suppliers to other global markets, and importing components and equipment made by qualified suppliers elsewhere in the world for use in China.

Westinghouse president and CEO Danny Roderick said the JV will incorporate the international experiences and standards in quality and safety of both companies and work to improve the performance of the global nuclear industry.

“One of the most important roles of this joint venture is the contribution it can make to the overall quality and safety of nuclear equipment worldwide,” Roderick added.

“This joint venture also provides the opportunity for collaboration in new markets. We expect to provide new opportunities for business both within and outside of China.

“By forming this joint venture, we have a mechanism for delivering our goods and services together to a broader range of customers, delivering mutual business success.”

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