Japanese conglomerate Toshiba has decided to review its nuclear construction business outside Japan, to focus on maintenance, repairs and decommissioning of reactors. The company will continue to design, manufacture and supply nuclear reactors but may stop construction works on nuclear projects.
Toshiba acquired nuclear reactor manufacturer and constructor Westinghouse in 2006 for US$5.4bn and acquired services company Chicago Bridge & Iron Company (CB&I) for US$229m in 2015. Westinghouse is in charge of all AP1000 nuclear projects worldwide, including four in the United States (two units at VC Summer in South Carolina and two at Vogtle, in Georgia), and four in China (two at Sanmen and two at Haiyang). The four Chinese units are expected to be commissioned by the end of 2017. Toshiba is also taking part to the development of a 3.8 GW nuclear new build project in Moorside, in West Cumbria (United Kingdom), where four AP1000 reactors should be developed.
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