31.08.2010

NEWAY VALVE (SUZHOU) CO., LTD.

Neway Valve Awarded Nuclear Valve Orders

Neway Valve (Suzhou) Co. Ltd. were awarded a nuclear valve order from CNPEC (China Nuclear Power Engineering Co. Ltd.), for the amount of RMB 8,910,000. According to the contract, Neway will provide services for the Project LOT45Ea of Yangjiang Nuclear Power Plant and Fangchenggang Nuclear Power Plant, including supplying “conventional island” gate valves, globe- and check valves to units 1 and 2 of the initial part of the Yangjiang and Fangchenggang plants. After a successful kick off meeting between CNPEC and Neway to discuss quality assurance, order management and the order execution. As a result Neway was awarded with their first nuclear valve order after obtaining it’s license to manufacture such nuclear valves.
Additional to this first order, Neway succeeded bidding for two more valve orders from Qinghua University. The projects are Helium test loop and absorber ball shut-down equipment thermal state test loop of HTGR (high temperature gas cooled reactor). Neway has supplied nuclear high pressure bellow sealed globe valves, control valves, high temperature ball valves and lift check valves.
Neway has various nuclear class 2 and 3 approved valve designs, being gate-, globe-, check- and ball valves, butterfly valves (class 3). The main supplier of these Nuclear valves is Neway’s own foundry who holds the license for Nuclear Class 2 and 3 valve castings. This wholly owned Neway foundry is a vital guarantee for Neway’s nuclear quality.

As a world-class manufacturer and exporter, Neway has dedicated itself to the research, development and manufacturing of industrial valves since its establishment. In 2003 Neway became the largest valve manufacturer in China. Neway manufactures a vast range of products such as gate-, globe-, check-, ball-, butterfly-, control- and nuclear valves. Also Neway manufactures wellhead equipments, all of these products have been widely used in oil-, natural gas- and chemical industry, electric power plant, ship building, nuclear and military industries.