CB&I and Hyundai Engineering to Join Forces for Nuclear Power Projects in the U.S.
In a significant move towards enhancing nuclear energy capabilities in the United States, CB&I has announced a Memorandum of Understanding (MOU) with Hyundai Engineering & Construction Co., Ltd. (HDEC). Dated July 1, 2025, this MOU aims to explore various collaboration opportunities centered on nuclear new-build projects. This strategic partnership capitalizes on the unique strengths that both companies bring to the table, all in an effort to meet rising energy demands with sustainable nuclear power.
CB&I, recognized as a leading engineering, procurement, and construction (EPC) firm, has a long history of delivering nuclear containment vessels. They have successfully supplied EPC services for a remarkable total of 123 nuclear containment vessels across the U.S., including two recently completed AP1000 units at the Vogtle Electric Generating Plant in Georgia. The company's commitment to industrial safety and enduring quality is underscored by their ASME-approved nuclear quality assurance program, enabling them to fulfill the most stringent standards demanded by nuclear projects.
Mark Butts, President and CEO of CB&I, expressed confidence in this collaboration, stating, "CB&I is the most experienced, fully integrated, turnkey supplier of nuclear containments in the U.S., having contributed to 75% of the country’s operational nuclear power plants. This MOU allows us to leverage our rich technical and EPC expertise alongside HDEC's substantial construction capabilities, paving the way for efficient and safely developed next-generation nuclear facilities."
On the other side, Hanwoo Lee, CEO of HDEC, highlighted their competitive edge in constructing nuclear power facilities and managing associated risks through successful projects like the UAE Barakah. Lee noted that this initial agreement is a stepping stone in solidifying their partnership with CB&I, with aims to gain a robust foothold in the U.S. market.
CB&I has solidified its role in the global energy sector since its establishment over 135 years ago, having completed more than 60,000 structures. Their extensive experience ensures world-class storage solutions for complex energy infrastructure projects. HDEC, too, has earned a reputation as a leading player in the EPC market, particularly in energy and infrastructure development.
This collaboration comes at a crucial time as nuclear energy emerges as a key component in achieving energy sustainability while simultaneously fulfilling the growing demand for power. By combining CB&I's deep-rooted expertise in nuclear containment with HDEC's proven construction track record, the partnership is poised to address the pressing challenges of modern energy production.
As with any forward-looking endeavor, both entities remain cautious about uncertainties that could arise. CB&I acknowledges that certain risks could affect project timelines, execution, and market behaviors. However, the optimism surrounding this partnership indicates a mutually beneficial pathway forward, aimed at solidifying the role of nuclear energy in the future energy landscape of the United States.
In conclusion, the alliance between CB&I and Hyundai Engineering presents an exciting opportunity to advance nuclear power development in the U.S., potentially transforming energy production in line with sustainability standards while meeting the ever-growing energy needs of the population.
CB&I, recognized as a leading engineering, procurement, and construction (EPC) firm, has a long history of delivering nuclear containment vessels. They have successfully supplied EPC services for a remarkable total of 123 nuclear containment vessels across the U.S., including two recently completed AP1000 units at the Vogtle Electric Generating Plant in Georgia. The company's commitment to industrial safety and enduring quality is underscored by their ASME-approved nuclear quality assurance program, enabling them to fulfill the most stringent standards demanded by nuclear projects.
Mark Butts, President and CEO of CB&I, expressed confidence in this collaboration, stating, "CB&I is the most experienced, fully integrated, turnkey supplier of nuclear containments in the U.S., having contributed to 75% of the country’s operational nuclear power plants. This MOU allows us to leverage our rich technical and EPC expertise alongside HDEC's substantial construction capabilities, paving the way for efficient and safely developed next-generation nuclear facilities."
On the other side, Hanwoo Lee, CEO of HDEC, highlighted their competitive edge in constructing nuclear power facilities and managing associated risks through successful projects like the UAE Barakah. Lee noted that this initial agreement is a stepping stone in solidifying their partnership with CB&I, with aims to gain a robust foothold in the U.S. market.
CB&I has solidified its role in the global energy sector since its establishment over 135 years ago, having completed more than 60,000 structures. Their extensive experience ensures world-class storage solutions for complex energy infrastructure projects. HDEC, too, has earned a reputation as a leading player in the EPC market, particularly in energy and infrastructure development.
This collaboration comes at a crucial time as nuclear energy emerges as a key component in achieving energy sustainability while simultaneously fulfilling the growing demand for power. By combining CB&I's deep-rooted expertise in nuclear containment with HDEC's proven construction track record, the partnership is poised to address the pressing challenges of modern energy production.
As with any forward-looking endeavor, both entities remain cautious about uncertainties that could arise. CB&I acknowledges that certain risks could affect project timelines, execution, and market behaviors. However, the optimism surrounding this partnership indicates a mutually beneficial pathway forward, aimed at solidifying the role of nuclear energy in the future energy landscape of the United States.
In conclusion, the alliance between CB&I and Hyundai Engineering presents an exciting opportunity to advance nuclear power development in the U.S., potentially transforming energy production in line with sustainability standards while meeting the ever-growing energy needs of the population.
Topics Energy）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.