Cooperation agreement to grow nuclear offering
The Weir Group PLC ("Weir") and Mitsubishi Heavy Industries Ltd
("MHI") have signed a cooperation agreement to jointly develop
activities in the UK nuclear new build market under the brand
WEIR-MHI.
Under the joint cooperation agreement, MHI will design and
manufacture nuclear pumps for nuclear power generation, as well as
pumping equipment across the 'conventional island' of a nuclear
power plant. Weir will provide project management,
installation and commissioning and after sales, and will also be
responsible for the implementation of site health, safety and
environmental systems.
The primary focus of the agreement is on the UK nuclear new
build market, however the joint cooperation may extend to other
locations on an agreed basis.
Keith Cochrane, Chief Executive of Weir said, "This agreement
with MHI provides an excellent opportunity to further grow our
nuclear offering and build and strengthen customer
relationships. MHI's considerable experience and technical
expertise in the design and manufacture of pumps for nuclear power
plants together with our strong position in the supply of
engineered nuclear valves and aftermarket services is a compelling
combination as the industry experiences a renaissance both in the
UK and worldwide."
Director, Executive Vice President, General Manager, Nuclear
Energy Systems Headquarters of MHI, Mr. Akira Sawa said, "Weir has
extensive references and an established track record in the
provision of engineering services to nuclear power stations with a
strong network of services centres throughout the UK. This
cooperation will enable us to expand our pump expertise into the UK
with a full lifetime offering to the nuclear pump market."
Ten sites across England and Wales have been ear-marked as
potentially suitable for the building of new nuclear power stations
by the end of 2025. Other sites may be considered for
development beyond 2025.
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Contact details:
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The Weir Group PLC
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Helen Walker, Public Relations Manager
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Tel. 0141 637 7111 (Mobile: 07789 032296)
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Maitland
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Tel. 020 7379 5151
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Suzanne Bartch
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(Mobile: 07769 710 335)
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Rowan Brown
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(Mobile: 07834 434 662)
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About The Weir Group PLC
The Weir Group PLC, headquartered in Scotland, is a global
leader in the design, supply and ongoing service of engineering
equipment and solutions for the Mining, Oil & Gas and Power
& Industrial sectors. With annual sales of £1.4bn Weir
employs 9000 people and operates in over 42 countries with
manufacturing facilities in North and South America, the UK,
mainland Europe, Australia, South Africa, India and China.
For further information about The Weir Group PLC and its
businesses, visit http://www.weir.co.uk/.
About Mitsubishi Heavy Industries Ltd
Mitsubishi Heavy Industries, Ltd., headquartered in Tokyo,
Japan, is one of the world's leading heavy machinery manufacturers,
with consolidated sales of 2,940 billion yen in 2009. MHI's
diverse lineup of products and services encompasses shipbuilding,
power plants, chemical plants, environmental equipment, steel
structures, industrial and general machinery, aircraft, space
rocketry and air-conditioning systems. For more information, please
visit the MHI website at http://www.mhi.co.jp/.
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