Flowserve wins more Chinese valve orders

12 March 2010

Flowserve Corporation says it has received an order in excess of $15 million from State Nuclear Power Engineering Company Ltd. (SNPEC) in China for ASME Section III safety-related globe and gate valves and Flowserve Limitorque actuators. Flowserve booked the order in the first quarter of 2010.

The Flowserve valves and actuators will be used at the Westinghouse design AP1000 Sanmen and Haiyang Unit 2 nuclear power plants located in Zhejiang and Shandong provinces. The plants, the first Westinghouse AP1000 nuclear power plants to be built in China, are under construction and are scheduled to be operational in June 2014 and January 2015, respectively.

“This order further strengthens our long-standing relationship with the Chinese nuclear power industry and with our customer, State Nuclear Power Engineering Company Ltd.," said Mark Blinn, Flowserve president and chief executive officer.

Valves included in the order will be manufactured at Flowserve's Raleigh, North Carolina facility. Limitorque actuators will be manufactured in Lynchburg, Virginia.

In the last quarter of 2008, Westinghouse placed valve orders for Sanmen and Haiyang unit 1 palnts.

Flowserve previously announced valve orders from Westinghouse, booked in the fourth quarter of 2008 and the first quarter of 2009, for the Sanmen and Haiyang Unit 1 plants.

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