Cooperation Agreement with MHI to grow Nuclear
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.
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.
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 www.mhi.co.jp.
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