SeAH Besteel and BWXT Canada Partner on Nuclear Supply
The companies signed a memorandum of understanding to cooperate on manufacturing nuclear power plant components.
Updated on Oct. 15, 2026 in Nuclear
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SeAH Besteel has partnered with BWXT Canada to explore collaboration in the production of nuclear power plant equipment. The agreement aims to address the rising global demand for components required for large reactor and small modular reactor construction projects.
Why it matters
This partnership seeks to capitalize on the increasing need for nuclear power plant equipment to support both new reactor construction and the extension of existing power plant lifespans. By combining their manufacturing expertise, the firms intend to strengthen their position in the supply chain for complex nuclear infrastructure.
BWXT Canada brings over 70 years of experience in nuclear equipment manufacturing to the partnership. SeAH Besteel holds quality certifications from the ASME, KEPIC, and the US Nuclear Regulatory Commission to support its international supply operations.
The players
SeAH Besteel
This company is a specialized manufacturer of steel products and nuclear components based in Korea.
BWXT Canada
This firm is a major supplier of nuclear components with an extensive history of manufacturing steam generators and reactor equipment.
Korea Hydro & Nuclear Power
This is a South Korean state-owned power generation company that manages nuclear power plants.
The details
The collaboration focuses on metal-fabricated equipment for both large-scale nuclear reactors and newer small modular reactor (SMR) designs. Both companies will look to integrate their respective technological synergies and existing manufacturing capabilities to meet international project requirements.
Timeline
January 2025: SeAH Besteel supplied eight spent nuclear fuel transport containers to the North American market.
November 2025: SeAH Besteel delivered four spent nuclear fuel transport containers to Korea Hydro & Nuclear Power.
October 15, 2026: SeAH Besteel and BWXT Canada signed the memorandum of understanding.
The Big Picture
This partnership follows a pattern set by the industry-wide focus on scaling up supply chains to meet the specific fabrication requirements of emerging small modular reactor technologies. It marks a shift as established manufacturers align to address the specialized engineering demands of next-generation nuclear construction.
Increased manufacturing collaboration for nuclear components could eventually help stabilize supply chains for power grid infrastructure and energy production. While the immediate impact is industrial, successful scaling of reactor component production is a critical step in enabling the widespread deployment of small modular reactors.
The takeaway
This collaboration signals a growing effort to streamline the manufacturing process for complex nuclear energy hardware. As global energy needs evolve, manufacturers are increasingly pooling resources to handle the technical and regulatory requirements of advanced reactor projects.
Further reading
Learn more about the latest developments in the sector on the Nuclear section page.
Source note: This article includes information reported by 조선일보.
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