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Urenco Limited - Board changes

04 October 2016 Global News

Urenco, a leading provider of uranium enrichment services to the world’s nuclear energy industry, advises that Peter Hill CBE will no longer take up the position of Independent Non-executive Chairman as planned in October 2016 and will instead pursue other opportunities.

Stephen Billingham, who has been Chairman during 2016 and a member of the Board since 2009 will continue in the role of Chairman.

The Urenco Board is fully understanding and supportive of Peter’s decision and wishes him well for the future.

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About Urenco

Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.

With its head office in London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Through our technology and the expertise of our people, the Urenco Group provides safe, cost effective and reliable services, operating within a framework of high environmental, social and governance standards, complementing international safeguards.

Urenco is making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.

We are committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.