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Mitsubishi Heavy, AREVA, Mitsubishi Materials and Mitsubishi Corp Establish Full-fledged Nuclear Fuel Fabrication Business in Japan.

Publication: JCN Newswires
Publication Date: 22-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Tokyo, Dec 22, 2008 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI), AREVA, Mitsubishi Materials Corporation (MMC) and Mitsubishi Corporation (MC) have signed a four-party agreement towards the establishment of a joint company ("New Company") in the nuclear fuel fabrication business. The New Company will be a full-fledged nuclear fuel supplier, integrating development, design, manufacturing and sales of nuclear fuel.

The New Company, which will benefit from...

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