Urenco Ltd - Company Profile
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Business Description
Urenco Ltd (Urenco) is a nuclear services technology company, which provides uranium enrichment services and nuclear fuel cycle products for customers in the civil nuclear industry. It operates in the nuclear fuel supply chain, which concludes with the sustainable generation of electricity for consumers around the world. The company also provides project management services for the construction of uranium enrichment plants. Urenco operates its business through three segments: Enrichment Business, Enrichment Technology Company Limited (ETC) and Other.
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R&D Overview
R&D efforts focus on improving operational performance and safety; and maintaining its technological capabilities. It carries out R&D activities through Central Technology Group and Enrichment Technology Company Limited. In FY2022, it spent EUR2.2 million on R&D which increased by 100% YoY.
Business Segments
Overview
Provides uranium enrichment and related services. It serves power utility customers in the nuclear power industry. -It offers enrich uranium services to supply fuel for nuclear power utilities on a toll basis by using customers’ uranium. -It has interests in the construction of the Tails Management Facility at the UK site for the de-conversion of depleted Uranium hexafluoride (UF6) into triuranium octoxide (U3O8). -Operating enrichment plants: URENCO UK, URENCO Deutschland, URENCO Nederland and URENCO USA with a capacity of 18,100 tons of separative work per annum (tSW/a).
Performance
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Overview
Research develops, manufacture and installs plant and equipment for the provision of enrichment services. -Provides enrichment plant design services and gas centrifuge technology for enrichment plants. -Uses centrifuge technology to provide uranium enrichment services, which help customers in generating low carbon nuclear energy, and also use that technology for medical and industrial purposes. -Also offers project management services for the construction of uranium enrichment plants.
Performance
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Overview
Includes operations related to the head office and its subsidiary, URENCO Nuclear Stewardship Limited (UNS). -UNS provides uranium handling services at the Capenhurst facility in the UK.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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