Canadian Nuclear Suppliers Depart on Trade Mission to South Korea

April 23, 2015 Pickering Ontario. The Organization of Canadian Nuclear Industries (OCI), in partnership with the Ontario Government, is set to lead a trade mission of 18 leading Canadian nuclear suppliers and industry partners to the Republic of Korea – one of the world’s fastest growing nuclear markets and a nuclear partner of Canada’s for almost 40 years.

The trade mission delegation that will depart for Korea in two days includes 10 CEO’s of leading Ontario nuclear organizations – the strongest Canadian nuclear trade mission ever assembled.

 “I am optimistic that this trade mission will build on the strong relationship that OCI formed with the Korea Atomic Industry Forum (KAIF) when KAIF Vice-Chair Mr. Kye-Hong Min and I signed an MOU of cooperation during the Pacific Basin Nuclear Conference held in Vancouver in August of 2014” said OCI President Dr. Ron Oberth.

Minister of Research and Innovation Dr. Reza Moridi, along with Bob Delaney, Parliamentary Assistant to Minister of Energy Bob Chiarelli, have agreed to lead the Ontario delegation to Korea. Dr. Moridi, a nuclear physicist by training, noted that “Ontario is home to many small and medium-sized enterprises (SMEs), that supply high quality, precision components to Canada’s 19 operating nuclear power plants and increasingly to export markets, located in communities across Ontario.” Spread across Stoney Creek, Cambridge, Burlington, Oakville, Mississauga, Durham, Cobourg, Peterborough and Pembroke, these world-class companies have created more than 12,000 highly skilled nuclear supply chain jobs that inject wealth into these communities.

“We look forward to the opportunity to discuss mutual priorities and share best practices for our nuclear sectors.” said Minister Moridi. “During this mission we hope to find new ways to increase partnership, and build on 40 years of cooperation between our jurisdictions”

“In addition we expect that many of the 18 nuclear suppliers and industry partners on the trade mission will establish connections with Korean counterparts leading to nuclear business deals in Korea and in third countries,” added Dr Oberth.  

The Canadian delegation will also meet with senior officials of KHNP during a tour of the Wolsong site and with Korea Atomic Energy Research Institute (KAERI). The discussion with KAERI officials will focus on development and deployment of small modular reactors (SMR’s) particularly in off-grid applications in remote communities and in the mining sector.

Organization of Canadian Nuclear Industries (OCI) is an association of more than 180 Canadian suppliers to the nuclear industry, which employ more than 12,000 highly skilled and specialized engineers, technologists and tradespeople. OCI companies design reactors, manufacture major equipment and components, and provide engineering services and support to CANDU nuclear power plants in Canada as well as to CANDU and Light Water Reactor (LWR) plants in offshore markets.

For more information on the Trade Mission, a background report can be read here.

 

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Contact:

Dr. Ron Oberth, President, Organization of Canadian Nuclear Industries

905 839 -0073 or 647 407 6081, ron.oberth@oci-aic.org.

 

Ms. Marina Oeyangen, Manager Member Services, Organization of Canadian Nuclear Industries

905 839 -0073 or 905 706 5958, marina.oeyangen@oci-aic.org