CB&I to provide EPC services for Chinese nuclear plants

Enters into JV with China Power Investment Corporation.

Chicago Bridge & Iron (CB&I) will provide engineering, procurement, construction (EPC) and other services to new nuclear power plants in China.

CBI will provide the EPC through a newly announced joint venture with CPI Power Engineering, a subsidiary of China Power Investment Corporation (CPI).

Under the JV, CB&I will provide EPC, commissioning, project management and technical support services for new plants planned by CPI.

The two companies are already collaborating on the construction of two Westinghouse-designed AP1000 reactors at Haiyang, where CB&I is providing engineering, procurement, commissioning, information management and project management services. The first Haiyang unit is expected to enter service in 2014.

CB&I is also providing EPC services for China’s first AP1000s, currently under construction at Sanmen.

CB&I expects China’s State Council to approve the construction of some 30 nuclear power plants by 2020 to meet the nuclear capacity levels set out under mid- and long-term development plans.

Founded in 1889 and with its headquarters in Texas, CB&I designs, engineers and constructs some of the world's largest energy infrastructure projects, providing EPC solutions and proven technologies.