CB&I has announced the execution of a Memorandum of Understanding with Hyundai Engineering & Construction Co. Ltd. to explore collaborative opportunities in nuclear new-build projects across the United States. The strategic partnership aims to combine the distinct capabilities of both organisations to address the nation’s growing energy demands through reliable and sustainable nuclear power solutions.
The collaboration brings together CB&I’s extensive nuclear containment expertise with HDEC’s proven construction capabilities. CB&I has established itself as a dominant force in the US nuclear sector, having delivered engineering, procurement, and construction services for 123 nuclear containment vessels domestically, including the recently completed AP1000 containment vessel units at Georgia’s Vogtle Electric Generating Plant, along with nine additional vessels internationally.
The company’s nuclear credentials are further reinforced by its ASME-approved nuclear quality assurance programme, which enables compliance with the most stringent safety and quality requirements in nuclear project development. CB&I’s track record demonstrates its position as a leader in industrial safety and quality management within the nuclear sector.
Mark Butts, president and CEO of CB&I, emphasised the significance of the partnership, noting that the company has provided containment vessels to 75 percent of operating nuclear power plants in the United States. He highlighted how the MOU enables the combination of CB&I’s technical and EPC expertise with HDEC’s construction capabilities to deliver comprehensive solutions for next-generation nuclear facility development.
HDEC brings substantial nuclear construction experience to the partnership, demonstrated through its successful execution of the UAE Barakah project and major domestic nuclear power plant developments. Hanwoo Lee, CEO of HDEC, characterised the company’s nuclear power plant construction and risk management capabilities as core competitive strengths that have been proven through these significant international and domestic projects.
The preliminary agreement represents HDEC’s strategic approach to establishing a strong presence in the US nuclear market while leveraging the partnership to enhance collaborative capabilities with CB&I. This alliance positions both companies to capitalise on the anticipated growth in US nuclear power development as the nation seeks to expand its clean energy infrastructure.
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