• PRESS RELEASE
• May 5, 2014, 12:48 p.m. ET

Japan: AREVA and ATOX Set up a Joint Venture in the Field of Decommissioning and Dismantling

PARIS--(BUSINESS WIRE)--May 05, 2014-- 

Regulatory News:
On the occasion of the visit to France of Mr. Shinzo Abe, Japanese Prime Minister, AREVA (Paris:AREVA) and ATOX, the pioneer in maintenance services for nuclear facilities in Japan, have announced the creation of the joint venture ANADEC* (both companies hold a 50% stake in the JV) to provide solutions and services in the field of decommissioning and dismantling of Japanese nuclear power plants. This joint venture will operate as early as this year at the damaged Fukushima nuclear power plant.
The two companies will combine their expertise to contribute to the stabilization of the situation at the Fukushima site and its clean-up.
AREVA will provide its know-how and technology in the field of decommissioning while ATOX, with its strong local presence and expertise in engineering and on-site operations, will adapt the solutions proposed by AREVA to the specific needs of Japan.
The ANADEC joint venture will notably offer:
- Development of investigative and mapping techniques in order to gain a better understanding of the particular work environment that the Fukushima plant represents.
- Development of robotic solutions that will speed up the dismantling of difficult to reach areas.
Depending on the future needs of the site, the joint venture will be able to extend its offer to other technical solutions and join local industrials.
* AREVA and ATOX decommissioning company
MORE ABOUT AREVA
AREVA is a world leader in nuclear power. The group's offer to utilities covers every stage of the nuclear fuel cycle, reactor design and construction, and operating services. Its expertise and uncompromising dedication to safety make it a leading industry player.
AREVA also invests in renewable energies to develop, via partnerships, high technology solutions.
Through the complementary nature of nuclear and renewables, AREVA's 45,000 employees contribute to building tomorrow's energy model: supplying the greatest number of people with energy that is safer and with less CO(2) .
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    SOURCE: AREVA 
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