Enrichment Technology Company Limited is a joint venture company owned in equal share by URENCO and Areva. It has the exclusive responsibility for the development and manufacture of world-leading centrifuge enrichment technology.
The core activities of Enrichment Technology are:
- To develop, manufacture, supply and install gas centrifuges for the enrichment of uranium to fuel nuclear power plants;
- To design uranium enrichment plants using centrifuge technology and
- To provide project management services for the construction of such plants.
History
Enrichment Technology was formed in October 2003 and has its Head Office in Beaconsfield, UK. There are four subsidiaries: Enrichment Technology Nederland B.V., Enrichment Technology UK Ltd, Enrichment Technology France SAS, Enrichment Technology US Inc.; and one branch Enrichment Technology Deutschland.
The Joint Venture was completed on the 3 July 2006 when Helmut Engelbrecht, CEO of URENCO and Anne Lauvergeon, CEO of AREVA signed an agreement to create the Enrichment Technology Company, the Joint Venture between AREVA and URENCO in the field of uranium enrichment centrifuge technology. The Joint Venture gave AREVA a 50% equity stake in the Enrichment Technology Company.This collaboration was subject to competition clearance from the European Commission as well as intergovernmental agreements between the governments of Germany, the Netherlands, the United Kingdom and France.
To visit the Enrichment Technology website please click here.