France-based
pipe manufacturer
Vallourec has announced that its subsidiary Valinox Nucléaire has completed the construction of its steam generator tube plant located in Nansha, Guangzhou,
China. According to
Vallourec, the new Nansha plant will increase
Vallourec's annual production capacity of steam generator tubes by 2,000 km per year.
The plant built with an investment of €55 million is scheduled to be commissioned in the third quarter of the current year, enabling
Vallourec to accompany the large rise in the number of Chinese nuclear power plants, whose capacity is expected to increase from 15 GW in 2013 to 58 GW in operation in 2020, with an additional 25 GW under construction at that date.
Vallourec already supplies 80 percent of Chinese nuclear power plants with steam generator tubes and also continues to accompany construction and renovation programs underway in several regions of the world, including in South Korea, where the group recently won two contracts, as well as in France within the framework of the program to renovate EDF's nuclear facilities.