ESSEN, Germany, March 10 (Reuters) - A sale of uranium enrichment company Urenco won't happen before the second half of 2015, RWE Chief Executive Peter Terium said, adding that a disposal could even take longer than that.
RWE and peer E.ON jointly hold one third of Urenco's shares, with the Dutch and British governments each owning a third, too.
Terium said the stake in Urenco was the last major item on the company's list of disposals.
(Reuters) - Britain, Germany and the Netherlands have asked prospective buyers for their jointly-owned nuclear fuel enrichment firm Urenco to submit indicative bids by year-end, sources familiar with the process said.
The governments, which each own a third of Urenco, have agreed to test the market's appetite for the world's second-largest nuclear fuel vendor before deciding whether to kick-start a privatisation process that could fetch up to 10 billion euros ($13 billion), said the sources.
The UK Government’s plans to raise £3bn from the sale of uranium enrichment group Urenco may have hit a stumbling block after it emerged that the Dutch government is understood to have raised concerns about the sale of its stake.
The Dutch and UK governments each own a third of Urenco, one of the world’s biggest uranium enrichment companies, while Germany’s top two utilities, RWE and E.ON, own the rest.
HOLLAND has dropped its historic opposition to a sale of Urenco, clearing the way for a full privatisation of the state-backed nuclear fuel maker.
The sudden change of heart came after several rounds of intergovernmental talks over the future of Urenco, which is owned by the governments of Britain and Holland and two German utility companies.
LONDON (MarketWatch) -- Toshiba Corp. is weighing plans to bid for Urenco, the nuclear fuel producer backed by the U.K., the Netherlands and two German energy giants, the Sunday Times reports without citing sources.
The newspaper says the Japanese industrial giant, which owns the nuclear reactor builder Westinghouse Electric, wants to bid for the business if and when it comes on the market.
Urenco, which enriches uranium for nuclear fuel, is owned by the U.K. and Dutch governments and German firms RWE A.G. and E.ON S.E., who own a third each.
An accident at Germany's sole uranium enrichment facility in North Rhine Westphalia has left one worker in hospital under observation.
The incident occurred at the plant in the town of Gronau, when a room in the uranium enrichment facility was accidently exposed to radioactive material. The worker was in the room when the accident occurred, and was taken to the hospital as a precaution. He is expected to be released Friday.
The Western media reported last week on how the German company Urenco shipped nuclear material to Siberia, where the highly toxic waste was stored in containers in the open air. The company has stopped deliveries and will store the material with higher standards in Germany in the future.
The radiation warning sign was so small that few passers-by took note in the commuter rail station in Kapitolovo, Russia. Fifty-six steel canisters were sitting there on a summer day three years ago. Just a stone's throw away, people were waiting for trains to take them to downtown St. Petersburg.
By Galina Stolyarova
Staff Writer
Alexander Belenky / The St. Petersburg Times
An ecological demonstrator is carried away by a policeman as a protest on St. Isaac’s Square, in front of the Legislative Assembly building, was broken up on Thursday.
The police on Thursday disrupted an environmental picket outside the St. Petersburg Legislative Assembly, detaining more than 10 activists from local and international ecological groups campaigning against the import of spent nuclear fuel and depleted uranium hexafluoride. The picket was held in the wake of a hefty cargo of depleted uranium arriving in the city.
