Business
16:57 22 February 2024
Post by: WBJ

Prochem Engages in Negotiations with Bechtel for Nuclear Project Support

Prochem Engages in Negotiations with Bechtel for Nuclear Project Support

Prochem is in talks with Bechtel for support services related to permit documentation for a nuclear project, following Bechtel's announcement of initial contracts with Polish firms. The negotiation aims to finalize a framework agreement defining scopes, remuneration, and deadlines. Prochem clarified that hourly rates will determine future remuneration for documentation packages. Responding to Bechtel's press release, Prochem's stock surged by 20.7% during Wednesday's session. Bechtel, along with Westinghouse Electric Company, collaborates with Polish Nuclear Power Plants on delivering three AP1000 reactors for Poland's inaugural nuclear power plant in Pomerania.


(source: strefainwestorow.pl)


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