Areva - Reference Document 2016
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BUSINESS OVERVIEW
6.3 Overview and strategy of the group
NEWCO OPERATIONS Refocused on all of the nuclear fuel cycle operations, NewCo conducts operations in mining, in the front end with uranium chemistry (conversion) and enrichment, in the back end with used fuel treatment and recycling, logistics and dismantling, and in Corporate and other operations: p present on five continents, the Mining operations include exploration for new deposits, mining and milling of the uranium ore, and site rehabilitation after the operating period. AREVA is currently a leader in uranium production and has a diversified portfolio of operating mines in Canada, Kazakhstan and Niger and projects under development or in operation in Africa, Canada and Mongolia; p the Front End operations (Chemistry and Enrichment) combine all of the operations related to uranium chemistry, in particular uranium conversion and enrichment services. NewCo is a major player in these operations, backed by the renewal of its Comurhex II conversion plant and Georges Besse II enrichment plant; ○ the Treatment and Recycling operations offer solutions consisting mainly of treating fuel that has been used in reactors in order to reuse recoverable materials. The group’s technological and industrial lead in this field make it a major player in markets in the back end of the nuclear fuel cycle and enable it to comply with the highest standards of nuclear, industrial and occupational safety, ○ the Logistics operations combine two main businesses: the design and manufacturing management of casks and specialized equipment for the shipment and/or storage of nuclear waste and materials, and the organization and execution of shipments of nuclear waste and materials and themanagement of the logistics chain, including that of the related equipment fleet, ○ the Dismantling and Services operations offer customers tailor-made solutions covering the entire value chain of its two operating segments: nuclear facility dismantling and services to nuclear operators; p the Corporate function and other operations of NewCo mainly cover two groups of operations: ○ the operations of AREVA Projects, which concentrates nuclear fuel cycle engineering expertise for the group’s facilities and for external customers. Services range from engineering for operator support to full engineering, procurement, construction and management (EPCM) assignments, ○ the operations of AREVA Med, which develops new therapies to fight cancer. p the Back End operations combine the following:
AREVA NP’S OPERATIONS The consolidation scope of AREVANP, within the future company temporarily called “New NP”, combines the following operations: p the Fuel Business Unit designs and fabricates nuclear fuel and provides related services for pressurized water reactors (PWR) and boiling water reactors (BWR); p the Large Projects Business Unit (excluding the OL3 project) is involved in every phase of the design of nuclear steam supply systems and nuclear islands. Within AREVA NP, it is in charge of submitting proposals for new reactor projects and for executing those projects in terms of engineering and resources; p the Component Business Unit’s primary activity is the design and manufacture of mechanical and welded components for the nuclear island: heavy equipment and mobile equipment, including the large forgings and castings needed for their manufacturing; p AREVA’s Installed Base Business Unit offers customers a range of products and services to reduce the costs of operations and maintenance, enhance the safety and performance of their nuclear power plants, and prolong their operating period; p the Instrumentation and Control Business Unit designs and supplies instrumentation and control systems and electrical systems during the construction and upgrading of nuclear reactors; p the Technical and Engineering Department supports AREVA NP’s operations regarding the design of nuclear steam supply systems and provides expertise to the different business units by developing key products and technologies in its laboratories and test centers, in response to the expectations of AREVA NP’s customers. The OL3 contract management operations, which will remain with AREVA NP, are tasked with completing the Olkiluoto 3 EPR reactor project in Finland with the necessary resources and in compliance with its contractual obligations. These operations are included in AREVA SA’s continuing operations.
OTHER OPERATIONS Other operations combine two major areas:
p the Propulsion and Research Reactors operations carried by AREVA TA consist of the design, production and maintenance of nuclear reactors for marine propulsion for the French Navy and of the supply of related fuel, services and equipment. These operations are held for sale; p as part of the group’s refocusing on operations related to the fuel cycle, the strategy for the streamlining of and withdrawal from the renewables operations launched in 2013 accelerated in 2016. These operations – Bioenergies, Energy Storage, Wind Energy and Solar Energy – are destined to be sold or discontinued.
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2016 AREVA REFERENCE DOCUMENT
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