media release

Million Dollar Deal For Chemicals

A major deal to supply synthetic fire resistant fluid to the Ukrainian nuclear power industry has been secured by Akzo Nobel's Chemicals group.

Akzo Nobel’s Chemicals group has clinched a USD 1 million deal to supply its Fyrquel® L synthetic fire resistant fluid to the Ukrainian nuclear power industry.

The product—a triaryl phosphate ester fluid—has been selected for the steam turbine lubrication and control system of the turbine at the Rovenskaya nuclear power station, which will come on line in late 2002 to help replace lost capacity caused by the shutdown of Chernobyl.

The deal represents a continuing effort by the Ukrainian nuclear power industry to increase the efficiency and operating safety of its power plants. It has been financed with the help of funds from the European Commission and the European Bank For Reconstruction and Development.

“Operating safety is a top concern for plant management and the financial institutions who contributed to the completion of these facilities,” said Mark Buczek, marketing manager for Akzo Nobel’s fluids business. “Akzo Nobel’s excellent reputation in the power industry and our ability to provide technical support from our Kiev office have been the key to building a strong relationship with Energoatom, the National Nuclear Power Generating Company.”

The new contract follows a similar USD 1 million deal signed in 2000, when Fyrquel L was supplied to the Yuzhno-ukrainskaya nuclear power plant in the Ukraine.

(Released: December 12, 2001)

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