British Nuclear Fuels Puts US Unit Westinghouse Up For Sale

CIVIL NUCLEAR

BNC needs money to pay for the waste disposal disaster it faces in the UK.

London (AFP) Jul 01, 2005
British nuclear reprocessing firm British Nuclear Fuels (BNFL) announced last Friday it was putting up for sale Westinghouse, its power station building arm in the United States.

State-owned BNFL - operator of the Sellafield waste reprocessing plant in Cumbria, northern England - said in a statement there had already been a "number" of approaches for Westinghouse.

The group was being advised on the sale by investment bank NM Rothschild and Sons.

The US unit was a prime asset with "all the skills to prosper in the private sector", BNFL added.

Mike Parker, group chief executive, said: "Westinghouse is a very successful operation in its own right.

"It has reached all its targets, continues to win new business and is in an excellent position to capitalise on the China new build programme."

The sale process would determine whether a disposal would realise appropriate value for the US-based nuclear power station construction and services business, Parker added.

Community
Email This Article
Comment On This Article

Related Links
BNFL
SpaceDaily
Search SpaceDaily
Subscribe To SpaceDaily Express
Civil Nuclear Energy Science, Technology and News
Powering The World in the 21st Century at Energy-Daily.com

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

CIVIL NUCLEAR

India Calls For Action Against Nuclear Proliferators

New Delhi (AFP) Oct 24, 2005
India Monday urged the International Atomic Energy Agency (IAEA) to take action against illegal proliferators of nuclear weapons technology such as Pakistan's disgraced scientist Abdul Qadeer Khan.

ENERGY TECH China To Build Its Own Fusion Reactor Chirac Calls ITER Nuclear Reactor Essential For Planet's Future Honda To Lease Fuel-Cell Vehicle To California Couple Analysis: The Gazprom Pipedream?	CIVIL NUCLEAR British Nuclear Fuels Puts US Unit Westinghouse Up For Sale Analysis: Brazil And Additional Protocol Ukrainian Nuclear Energy Firm Halts Electricity Exports To Russia Fire Put Out At Nuclear Waste Processing Facility In Japan
BLUE SKY Scientists Seek Sprite Light Source	WOOD PILE
FARM NEWS EU Governments Keep National Bans On GMOs Insects Resistant When Single And Double-Gene Altered Plants In Proximity Insects Developing Resistance To Genetically Engineered Crops East African Farming Genetically Transformed	CAR TECH Eco-Friendly Motor Rally Sets Off From Kyoto To Celebrate Environment
AEROSPACE EU Urges China To Liberalize Aviation Sector NASA Announces Aerospace Systems Modeling Selection BAE Systems Completes Acquisition of United Defense Industries EADS Names New Leaders	NUCLEAR SPACE NASA plans to send new robot to Jupiter Los Alamos Hopes To Lead New Era Of Nuclear Space Tranportion With Jovian Mission Boeing Selects Leader for Nuclear Space Systems Program Boeing-Led Team to Study Nuclear-Powered Space Systems

The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement