Ceradyne Boron Products, LLC Awarded $8 Million Contract for European Pressurized Reactor (EPR) Primary Coolant Additive – ...
July 19 2010 - 7:30AM
Business Wire
Ceradyne Boron Products, LLC ("Boron Products, LLC"), a wholly
owned subsidiary of Ceradyne, Inc. (Nasdaq:CRDN), is pleased to
announce a contract award of approximately $8 million for the
supply of B-10 Enriched Boric Acid to Electricité de France SA
(EDF) for its first European Pressurized Reactor (EPR) presently
under construction in France. Enriched Boric Acid is designed into
the EPR as the primary coolant additive for rate of reaction
control. Isotopically enriched boric acid increases criticality
control, achieves higher levels of long-term control, reduces the
corrosion effect and reduces operator exposure to radiation.
“The utilization of advanced reactor designs in conjunction with
superior safety and operating systems ushers in a more efficient,
safe, reliable and environmentally friendly energy alternative to
greenhouse-gas emitting technologies," said Dennis Manning, Vice
President and General Manager. "Boron Products, LLC is proud to be
involved in the success and continued advancement of safe, reliable
nuclear power generation. We expect to completely ship this order
in the fiscal year ending December 31, 2011.”
Boron Products, LLC operates the world’s largest boron isotope
separation facility providing enriched boron products for
commercial nuclear power, defense, semiconductor and neutron
detection applications. Enriched boron compounds are manufactured
under an ISO 9001:2008 certified quality system and exceed nuclear
safety and environmental regulatory guidelines. Additional
information can be found at the subsidiary's website:
www.ceradyneboron.com.
Information about Ceradyne,
Inc.
Ceradyne develops, manufactures and markets advanced technical
ceramic products and components for defense, industrial,
automotive/diesel and commercial applications.
In many high performance applications, products made of advanced
technical ceramics meet specifications that similar products made
of metals, plastics or traditional ceramics cannot achieve.
Advanced technical ceramics can withstand extremely high
temperatures, combine hardness with light weight, are highly
resistant to corrosion and wear, and often have excellent
electrical capabilities, special electronic properties and low
friction characteristics. Additional information can be found at
the Company’s web site: www.ceradyne.com.
Except for the historical information contained herein, this
press release contains forward-looking statements regarding future
events and the future performance of Ceradyne that involve risks
and uncertainties that could cause actual results to differ
materially from those projected. Words such as “anticipates,”
“believes,” “plans,” “expects,” “intends,” “future,” and similar
expressions are intended to identify forward-looking statements.
These risks and uncertainties are described in the Company’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2009,
and its Quarterly Reports on Form 10-Q, as filed with the U.S.
Securities and Exchange Commission.
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