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Centrus Energy has $15 million project to prepare K-1600 for demolition

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The "footprint," the area where the K-25 Building used to be in west Oak Ridge, is pictured above at the East Tennessee Technology Park in west Oak Ridge. The white K-1600 Building is pictured in the middle of the "footprint." The brick building in the foreground is Oak Ridge Fire Station No. 4. (Photo courtesy U.S. Department of Energy Oak Ridge Office of Environmental Management)

The K-25 “footprint,” the area where the K-25 Building used to be in west Oak Ridge, is pictured above at the East Tennessee Technology Park in west Oak Ridge. The white K-1600 Building is pictured in the middle of the “footprint.” The brick building in the foreground is Oak Ridge Fire Station No. 4, and it includes the K-25 History Center. (Photo courtesy U.S. Department of Energy Oak Ridge Office of Environmental Management)

 

Centrus Energy Corporation has a $15 million project to prepare K-1600, a building in the middle of the historic K-25 “footprint,” for demolition.

On Tuesday, Centrus announced that it had received a work authorization from the U.S. Department of Energy for decontamination and decommissioning (D&D) work at the building. The work will include removing and disposing of equipment and materials to make K-1600 non-radiologically contaminated and non-possessing (i.e. unclassified), a press release said. The work will occur between October 1, 2018, and September 30, 2019.

After the work is completed, DOE will be able to turn over K-1600 to a contractor to demolish it, the press release said. It’s one of the last remaining “legacy structures” on the 2,200-acre site of the World War II-era K-25 uranium enrichment plant, now known as the East Tennessee Technology Park, the press release said.

Many other buildings have been demolished there, including the five large gaseous diffusion buildings once used to enrich uranium for atomic weapons and commercial nuclear power plants. ETTP is now being converted into a large industrial park in west Oak Ridge. [Read more…]

Centrus donates precision surface plate to Roane State

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surface_plate_donation

A precision surface plate donated by Centrus Energy will be used in Roane State’s planned welding program. From left are Keith Barding and Ben Jordan with Centrus Energy and Roane State dean Markus Pomper. (Photo by Roane State)

 

Centrus Energy of Oak Ridge has donated a precision surface plate for use in Roane State Community College’s planned welding certificate program.

The granite surface plate is needed for taking precise measurements. The surface plate, which is kept in a classroom at the college’s Oak Ridge campus, is valued at approximately $10,000 and weighs about 3,000 pounds.

“Centrus has assisted us in many ways as we planned our welding certificate program,” said Markus Pomper, dean of Roane State’s Mathematics and Sciences Division. “They have helped us design the curriculum and provided us with resources such as the surface plate. We are incredibly appreciative of their efforts to help us create a high-quality welding certificate program.”

Pomper said Roane State’s planned welding certificate program, pending approval, will be a one-semester program. The training is needed in Oak Ridge, Pomper said, where work on projects such as the Uranium Processing Facility requires welders with advanced skills. [Read more…]

Centrus becomes benefactor sponsor for ADFAC

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Centrus Energy Corporation’s Jeff Cooper, left, presents the 2016 Corporate Membership contribution to ADFAC’s Executive Director Annie Cacheiro. (Submitted photo)

Centrus Energy Corporation’s Jeff Cooper, left, presents the 2016 Corporate Membership contribution to ADFAC’s Executive Director Annie Cacheiro. (Submitted photo)

 

ADFAC’s Corporate Committee is excited to announce Centrus Energy Corporation as the first 2016 Grand Benefactor Corporate Member. The generous donation was recently presented by Jeff Cooper, Centrus’s lead cascade project manager to ADFAC’s executive director, Annie Cacheiro, a press release said.

“This corporate contribution is going to help lead the way for other corporate contributions for ADFAC,” said Ray Smith of ADFAC’s Board of Directors. “It’s so appreciated and will truly help AFDAC fulfill their mission of ‘neighbors helping neighbors.'” [Read more…]

Centrus signs $32.3 million contract for engineering, testing on uranium enrichment

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

Centrus Energy Corporation announced Monday that it has signed a $32.3 million contract with UT-Battelle LLC for engineering and testing work on uranium enrichment technology. The contract, a new U.S. Centrifuge Technology Advancement contract, runs through September 30.

UT-Battelle operates Oak Ridge National Laboratory for the U.S. Department of Energy.

Under the terms of the agreement with UT-Battelle, Centrus will continue to perform engineering and testing work to preserve and advance uranium enrichment technology that originates in the United States to support future national security and energy security needs, a press release said.

“We still have critical work to do to advance the nation’s uranium enrichment capability,” said Steve Penrod, vice president of American Centrifuge for Centrus. [Read more…]

Centrus completes centrifuge demonstration, reducing Ohio workforce, continuing Oak Ridge work

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

A centrifuge demonstration is complete in Piketon, Ohio, and the workforce there will be reduced, but  research, engineering, and testing work will continue in Oak Ridge, Centrus Energy Corporation announced Friday.

The company, which is based in Bethesda, Maryland, said it has completed operations of its three-year demonstration cascade of American Centrifuge machines at its facility in Piketon, Ohio. Now, it will demobilize the demonstration cascade and reduce its workforce at Piketon starting with the layoff of about 60 employees during the week of February 29, Centrus said.

Centrus currently has more than 120 employees working at two dedicated facilities in the Oak Ridge area to engineer, design, and test improvements in full-size machines operating in individual test stands, a press release said. The company’s scientists and engineers will continue to improve the reliability and manufacturability of centrifuge machines for potential future applications, the release said. [Read more…]

ORNL to extend contract for uranium centrifuge work, but at reduced level; could require layoffs

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

Oak Ridge National Laboratory intends to extend its contract with Centrus Energy Corporation for research on uranium enrichment centrifuges, but at a reduced level, with funding cut by about 60 percent, the company said Friday. Layoffs could be required, Centrus said in a press release.

The contract extension continues technology development activities at Oak Ridge facilities for advanced uranium enrichment centrifuges, but revenues won’t be used for operations in Piketon, Ohio, the press release said.

The new contract will cover a one-year period from October 1, 2015, to September 30, 2016, with the possibility for additional extensions, the release said.

It said the U.S. Department of Energy’s decision to provide reduced funding will support continued developments of the company’s American Centrifuge technology—which has long-term importance for national and energy security. [Read more…]

Centrus donates $2,500 to ADFAC

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Centrus Donates to ADFAC

Centrus Energy Corporation’s Jeff Cooper, right, presents the 2015 Corporate Membership contribution to ADFAC’s Executive Director Annie Cacheiro, left, and Corporate Committee members Ray Smith, second from left, and Barry Stephenson. (Submitted photo)

 

Centrus Energy Corporation donated $2,500 to ADFAC and became the first 2015 Grand Benefactor Corporate Member, the nonprofit organization’s Corporate Committee announced this week.

Jeff Cooper, Centrus’s Lead Cascade Project Manager, recently presented the donation to Ray Smith and Barry Stephenson, ADFAC Corporate Committee members.

“This corporate contribution is going to help lead the way for other corporate contributions for ADFAC,” said Smith, who is a member of the ADFAC Board of Directors. “It’s so appreciated and will truly help AFDAC fulfill their mission of ‘neighbors helping neighbors.'” [Read more…]

Former DOE deputy secretary named Centrus president, CEO

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Daniel B. Poneman

Daniel B. Poneman

Daniel B. Poneman, former deputy secretary of the U.S. Department of Energy, has been picked to be president and chief executive officer of Centrus Energy Corporation.

Centrus was formerly known as USEC Incorporated, and it has operations in Oak Ridge.

The selection of Poneman by the Centrus Board of Directors was announced Thursday. Poneman will join Centrus immediately and become the chief executive later this month. He will also be a member of the board. [Read more…]

UT-Battelle extends American Centrifuge agreement for uranium enrichment

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

UT-Battelle, the contractor that operates Oak Ridge National Laboratory, has added another six months to an agreement being used to develop new uranium-enrichment technology through operations in Oak Ridge, Tennessee, and Piketon, Ohio.

The six-month extension was announced Friday by Centrus Energy Corporation, formerly known as USEC. UT-Battelle has exercised its option to extend the American Centrifuge Technology Demonstration and Operations Agreement, or ACTDO Agreement, by six months from March 31 to September 30, 2015, Centrus said.

ORNL had previously exercised an option to extend the agreement through March 31, 2015.

The six-month extension allows the continued demonstration and operation of the only uranium enrichment technology in the United States, Centrus said in a press release. [Read more…]

Centrus raises more than $16,000 for United Way

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Centrus Donates to United Way

Pictured above are Lou Ann Lawson, Faye Grantham, Amanda Smith, Lydia Birk (2014 United Way Campaign Chair), Larry Cutlip, Cindy Light, and Gayla Hunter. United Way Committee members not present are Jamie Poland and Lana DiFiore. (Submitted photo)

 

Centrus Energy Corporation, formerly known as USEC, recently announced that they raised more than $16,000 in their 2014 United Way of Anderson County campaign. That’s a 10 percent increase compared to 2013, a press release said.

The release said the increase is vitally important for United Way of Anderson County, helping it recover from the last two years, which have been difficult.

“We are delighted that we are part of the solution,” said Larry Cutlip, a Centrus deputy director. “We know our community has struggled the last two years due to changes in federal funding, so our growth is exciting.” [Read more…]

Formerly USEC, now Centrus Energy, company emerges from bankruptcy

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

Centrus Energy Corporation announced this week that it has satisfied all the conditions to emerge from a Chapter 11 bankruptcy. The conditions were outlined in a reorganization plan approved by the U.S. Bankruptcy Court for the District of Delaware on September 5.

The plan became effective Tuesday, and Centrus, formerly known as USEC Incorporated, emerged from the restructuring in a “stronger position to supply customers with nuclear fuel and support the energy and national security needs of the United States,” a press release said.

Centrus stock was expected to begin trading on the New York Stock Exchange on Tuesday under the ticker symbol LEU.

“Throughout the restructuring process that began March 5, 2014, the company has continued to meet all of its obligations to customers and vendors and will not require external exit financing upon emergence,” the release said. The company had maintained its NYSE listing throughout the Chapter 11 process. [Read more…]

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