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Sandvik signs agreement for delivery of steam generator tubes valued at SEK 2 billion

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

The contract is valued at more than SEK 2 billions, and deliveries will begin in the end of 2013.

The customer is the French company AREVA NP SAS, and the steam generator tubes will be used in nuclear power plants all over the world.

"The nuclear power industry places extremely high demands on product quality and performance. This agreement strengthens Sandviks' 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, 2 July 2009

Sandvik Aktiebolag (publ)