Brief: Velan awarded major nuclear valve contracts in China worth US$36 million (EUR33 million)

Velan

29/11/2016 16:36

Nov 29 (Reuters) - Velan Inc  VLN.TO : 
    * Velan awarded major nuclear valve contracts in China worth 
US$36 million (EUR33 million) 
    * Nuclear valve orders represent a sales value of about 
US$36 million (EUR33 million) recorded in backlog of 2016-2017 
fiscal year 
    * Nuclear valves are scheduled for delivery from 2018 until 
2019 
    * For China Nuclear Power Engineering Corp, orders are for 
valves for 2 new generation Hualong HPR1000 nuclear plants of 
Fangchengang Units 3 and 4 
 
Source text for Eikon:  ID:nCCN422GLm  
Further company coverage:  VLN.TO  
 
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