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Sandvik signs billion SEK contract for delivery of steam generator tubes

Sandvik Materials Technology has signed a multi-year delivery contract for steam generator tubes for the nuclear power industry.

The contract is valued at well over SEK 1 billion, and deliveries will begin during 2013.

The customer is Shanghai Electric Nuclear Power Equipment Co. Ltd., and the steam generator tubes will be used in nuclear power plants in China.

"This order confirms Sandvik's position as a leading supplier of steam generator tubes for the rapidly expanding nuclear power industry," says Peter Gossas, President of the Sandvik Materials Technology business area.

Sandviken, 18 June 2009

Sandvik Aktiebolag (publ)