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Velan's French subsidiary in Lyon was awarded contracts to supply nuclear-class valves to several Chinese nuclear engineering firms for new reactors, with orders valued at about $36 million, recorded in backlog November 28, 2016, with deliveries in 2018-2019.
“These nuclear valve orders represent a sales value of about US$36 million (EUR33 million) recorded in backlog of the 2016-2017 fiscal year.”velan.com
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