{"id":454101,"date":"2021-03-09T15:33:47","date_gmt":"2021-03-09T20:33:47","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454101"},"modified":"2021-03-09T15:33:47","modified_gmt":"2021-03-09T20:33:47","slug":"spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\/","title":{"rendered":"SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report"},"content":{"rendered":"

\nGreater opportunities available for company in growing nuclear industry
\n<\/h2>\n
\n

MISSISSAUGA, Ontario, March 09, 2021 (GLOBE NEWSWIRE) — Today, SNC-Lavalin announced that its nuclear business was the most profitable segment within its portfolio, accounting for 14.4% of total revenue for Q4. This coupled with strong future opportunities buoyed hopes for a nuclear renaissance for made-in-Canada CANDU technology.<\/p>\n

\u201cCandu Energy is well positioned to take advantage of a low carbon economy that is fueled by nuclear energy,\u201d said Mark Chudak, President of the Society of Professional Engineers and Associates (SPEA). \u201cWhether it is Small Modular Reactors (SMR) or larger power plants or life extensions, SPEA members are capable of delivering the skills needed to take advantage in the global effort to fight climate change.\u201d<\/p>\n

CANDU technology has produced the safest nuclear energy globally since it was first introduced in the sixties. There are CANDU reactors operating in Argentina, China, Pakistan, South Korea and Romania. With upgraded technology, these reactors can use recycled fuel rods which reduces nuclear waste. Other improvements have dramatically lowered capital and operational costs.<\/p>\n

\u201cCandu Energy is well positioned to take advantage of the demand for clean energy,\u201d according to Chudak. \u201cWhat is required is the leadership from SNC-Lavalin to make this happen: to find markets for proven technologies, and to continue to innovate.\u201d<\/p>\n

\n The Society of Professional Engineers and Associates (SPEA) is an independent union representing engineers, scientists, technicians, technologists, skilled tradespersons, designers, operations and administrative staff employed by SNC-Lavalin. Formed in 1974, SPEA is one of the oldest professional unions in Canada. Collectively we represent the majority of Canada’s nuclear power reactor design expertise. <\/em>\n <\/p>\n

For more information contact:
Michelle Duncan,
SPEA External Relations
Telephone: (416) 427-3525 (cellular)
E-mail: michelle.duncan@spea.ca<\/a><\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Greater opportunities available for company in growing nuclear industry MISSISSAUGA, Ontario, March 09, 2021 (GLOBE NEWSWIRE) — Today, SNC-Lavalin announced that its nuclear business was the most profitable segment within its portfolio, accounting for 14.4% of total revenue for Q4. This coupled with strong future opportunities buoyed hopes for a nuclear renaissance for made-in-Canada CANDU technology. \u201cCandu Energy is well positioned to take advantage of a low carbon economy that is fueled by nuclear energy,\u201d said Mark Chudak, President of the Society of Professional Engineers and Associates (SPEA). \u201cWhether it is Small Modular Reactors (SMR) or larger power plants or life extensions, SPEA members are capable of delivering the skills needed to take advantage in the global effort to fight … <\/p>\n

Continue reading “SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454101","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Greater opportunities available for company in growing nuclear industry MISSISSAUGA, Ontario, March 09, 2021 (GLOBE NEWSWIRE) — Today, SNC-Lavalin announced that its nuclear business was the most profitable segment within its portfolio, accounting for 14.4% of total revenue for Q4. This coupled with strong future opportunities buoyed hopes for a nuclear renaissance for made-in-Canada CANDU technology. \u201cCandu Energy is well positioned to take advantage of a low carbon economy that is fueled by nuclear energy,\u201d said Mark Chudak, President of the Society of Professional Engineers and Associates (SPEA). \u201cWhether it is Small Modular Reactors (SMR) or larger power plants or life extensions, SPEA members are capable of delivering the skills needed to take advantage in the global effort to fight … Continue reading "SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-09T20:33:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NzE4MCM0MDU2MTYxIzUwMDA2NDYxNA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report\",\"datePublished\":\"2021-03-09T20:33:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\\\/\"},\"wordCount\":289,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NzE4MCM0MDU2MTYxIzUwMDA2NDYxNA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/spea-nuclear-most-profitable-segment-in-snc-lavalin-earnings-report\\\/\",\"name\":\"SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report - 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