Production stoppage at Studsvik's Erwin facility

Production stoppage at Studsvik's Erwin facility On Friday 12 May there was a minor leakage in one of the process systems at Studsvik's facility in Erwin, USA. All the safety systems at the facility functioned as planned when this occurred. No-one was harmed as a result of the leakage and there was no radioactive release to the environment. The facility will be shut down for about four weeks for repairs before production can be resumed. During this period other maintenance work that was planned for later will also be carried out. The Erwin facility is designed to use volume reduction to enable safer and more economical final disposal of radioactive ion exchange resins from the American nuclear power industry. The facility is based on unique technology developed by Studsvik and is the only one of its kind in the world. The incident has been reported to the American regulatory agency, the US Nuclear Regulatory Commission, NRC. For further information please contact: Carsten Olsson, President and Chief Executive Officer of Studsvik AB, tel 0155-22 10 20 or mobile 0709-677 020 Thomas Backteman, Senior Vice President for Communications and Investor Relations of Studsvik AB 0155-22 10 66 or mobile 0709-677 066 Facts about Studsvik Studsvik is a high-tech company, focusing on the nuclear power industry and nuclear medicine. Business is conducted through four Strategic Business Units (SBUs): Nuclear Technology, Waste & Decommissioning, Industrial Services and Nuclear Medicine. Nuclear Technology offers products and services related to nuclear power plant operation. These include the testing and analysis of nuclear fuel and materials, computer codes for reactor operation, consulting and instrumentation for the measurement of radiation. Activities are dependent on Studsvik's nuclear reactors and specilist laboratories, located outside Nyköping. Waste & Decommissioning Waste & Decommissioning treats low and intermediate level waste from nuclear reactors and provides services for the dismantling of nuclear facilities. European operations focus on the treatment of low level waste in Studsvik's incineration and melting facilities located outside Nyköping. US operations, conducted at Studsvik's facilities in Erwin, Tennessee, include volume and weight reduction of ion-exchange resins from commercial nuclear power plants in the USA. Industrial Services Industrial Services mainly provides services to the nuclear power industry and also offers services to other industries. Operations include decontamination, health physics, dosimetry services for hospitals, dentists and veterineries, chemical cleaning and dismantling of nuclear facilities as well as process cleaning. Activities have historically been concentrated to Sweden. However, since the German company, SINA, was aquired in 1998, the German business accounts for more than a half of the SBU's income. Nuclear Medicine Nuclear Medicine provides a number of nuclear-related products and methods for medical use. The range includes a method for the treatment of brain tumors and a number of radioisotopes. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/28/20010528BIT00880/bit0002.doc http://www.bit.se/bitonline/2001/05/28/20010528BIT00880/bit0002.pdf