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Velan was awarded supply contracts for forged, high-pressure ASME Class 1 nuclear valves from several Chinese nuclear engineering companies. The orders are worth about €33 million (US$36 million) and are for five nuclear power plants, with delivery in 2018 and 2019.
“These nuclear valve orders represent a sales value of about US$36 million (€33 million) recorded in backlog of the 2016-2017 fiscal year.”industrialvalvenews.com
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