Major international 4-year contract for radioactive waste processing in Bulgaria (AcT)

Major international 4-year contract 
for radioactive waste processing in Bulgaria

Europlasma announces it will support  Iberdrola and  Belgoprocess in the treatment and conditioning of radioactive waste processing facility contract in Bulgaria.

Iberdrola Ingeniería y Construcción S.A.U and Belgoprocess L.L.C. have been awarded a contract by Kozloduy Nuclear Power Plant, Plc. (KNPP) to supply a facility for the treatment and conditioning of solid radioactive waste with high volume reduction factor at the Kozloduy nuclear power plant in Bulgaria. The contract is valued at €29.9 million ($38.5 million) and is co-financed by the European Bank for Reconstruction and Development (BERD) and the Bulgarian government.

Iberdrola Ingeniería y Construcción as leader of the Consortium together with Belgoprocess are responsible for the facility’s design, manufacturing, installation and commissioning, and will support the Client during the licensing process.

Europlasma, a global leader in clean technology and clean energy, will provide its state-of-the-art plasma technology to reduce and immobilise the radwaste. The contract, valued at €6.5 million over 4 years, is a first step in the deployment of the Group's business strategy in the international nuclear waste management marketplace.

“This contract validates both our plasma technological leadership and the relevance of our business strategy in the international low level nuclear waste management market segment”, says Cedric Berard, CFO of Europlasma group. “We look forward to working side by side with Belgoprocess and Iberdrola to bring this exciting project to successful completion”, says Didier Pineau, Chairman and CEO of Europlasma group.

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About Europlasma

Founded in 1992, Europlasma is a French group specialized in clean technologies and renewable energy production. The Europlasma Group is made up of four companies and 260 employees who are all firmly committed to sustainable development and experts in waste processing and reclamation.

• Europlasma develops, produces and markets waste processing and energy production solutions based on its proprietary plasma torch technology.
• Inertam is the global specialist for the destruction and reclamation of asbestos and hazardous waste.

• CHO Power is a waste gasification power producer (EfW – Electricity from Waste).

• Europe Environnement is the European market leader for ventilation and air depollution systems for industry.

[www.europlasma.com]  [ Alternext by NYSE  Euronext Paris– Ticker: ALEUP  – ISIN: FR0000044810]