Giant US corporation to use small modular nuclear reactors to power one of its plants

US-based global multinational materials science company Dow, most famous for its chemical production (concentrated in subsidiary Dow Chemicals), has announced that it had signed a Letter of Intent (LoI) with US small modular nuclear reactor (SMR) company X-energy. Under that LoI, Dow and X-energy will work together to deploy the latter’s Xe-100 advanced high-temperature gas SMRs at a Dow industrial site on the Gulf of Mexico coast of the US. Dow will also take a minority shareholding in X-energy. This SMR nuclear power plant is expected to be operational by around 2030. It will provide both zero-carbon process heat and electricity to the Dow plant. The overall aim is to reduce Dow’s carbon emissions.