ML20035A083

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Responds to Ltr Re Minority Partner Expecting to Withdraw from Partnership by Selling Interest to Euro-American Fuels Incorporate & Lynchburg Fuels Incorporate.Nrc Has No Objection to Proposed Action
ML20035A083
Person / Time
Site: 07001201
Issue date: 03/22/1993
From: Adensam E
NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS)
To: Inde R
FRAMATOME COGEMA FUELS (FORMERLY B&W FUEL CO.)
References
NUDOCS 9303240043
Download: ML20035A083 (1)


Text

~

MAR 2 21933

. Docket 70-1201 Licen,se SNM-1168 Mr. Robert Inde, President B&W Fuel Company Commercial Nuclear fuel Plant i

3315 Old Forest Road Lynchburg, Virginia 24506-1646

Dear Mr. Inde:

SUBJECT:

PARTNERSHIP CHANGE I am responding to your letter dated February 22, 1993, in which you notified the U.S. Nuclear Regulatory Commission that B&W Fuel. Inc. (BFI), a minority partner in B&W Fuel Company (BWFC), is expected to withdraw from the partnership by selling its interest (stock) to Euro-American Fuels Incorporate (EFI) and Lynchburg Fuels Incorporate (LFI) and sought confirmation that NRC approval is not needed for the share transfer.

Your letter states that the proposed transaction (1) "is not expected to lead to any changes in the personnel operation or management of BWFC," and (2) "would have no effect on the financial assurance of decommissioning."

Based upon the information submitted, we agree that NRC's approval is not needed for BFI to sell its interest to EFI and LFI, and we have no objection to the proposed action.

Thank you for keeping us informed.

Sincerely, EknhNsTmITActin6 Chief Licensing Branch Division of Fuel Cycle Safety and Safeguards, NMSS Distribution

. Docket No. 70-1201 PDR NRC File Center NMSS R/F FCLB R/F Region II DKasnicki, RII Madams LTenEyck JGreeves FCSS R/F OGC

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