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Quanex Building Products Corp V.NX


Primary Symbol: NX

Quanex Building Products Corporation is a global manufacturer with core capabilities and broad applications across various end markets. It collaborates and partners with original equipment manufacturers (OEMs) to provide solutions in the window, door, vinyl fencing, solar, refrigeration and cabinetry markets. Its segments include the North American Fenestration segment, comprising four operating segments primarily focused on the fenestration market in North America, including vinyl profiles, insulating glass spacers, screens, custom compound mixing, and other fenestration components; European Fenestration segment, comprising its United Kingdom-based vinyl extrusion business, manufacturing vinyl profiles & conservatories, and the European insulating glass business manufacturing insulating glass spacers; and North American Cabinet Components segment, comprising its cabinet door and components operations. It also offers building products solutions to OEMs in the building product industry.


NYSE:NX - Post by User

Post by VoxSolison Jul 14, 2014 10:23pm
217 Views
Post# 22744902

Nuclear plant in Kyushu moves toward restart

Nuclear plant in Kyushu moves toward restart Jul 15, 2014 TOKYO —A nuclear power plant in Kyushu is set to clear an initial safety hurdle on Wednesday, a key step in what is likely to be the gradual restart of an industry idled by the 2011 Fukushima disaster.As Japan swelters through its first summer without any nuclear power in 40 years, Prime Minister Shinzo Abe’s government is keen to start bringing the nation’s 48 reactors back online as a prolonged shutdown forces Japan to rely on expensive fossil fuel imports for power.All of Japan’s nuclear reactors have been shut for safety overhauls since the 2011 disaster when a nuclear power plant at Fukushima, on the coast north of Tokyo, was hit by an earthquake and tsunami. The Nuclear Regulation Authority (NRA) will approve the upgraded design and safety features of Kyushu Electric Co’s Sendai plant at a Wednesday meeting, the regulator said on Monday.After this initial approval, the regulator will seek public comment for a month. Further on-site operational checks will be required, followed by the approval of local communities.Experts largely expect the two-reactor plant to come online by the end of the year. The plant was fast-tracked for safety approval by the NRA in March.The likely Sendai restart will be a key boost to the nuclear industry and to Abe, who - despite widespread public opposition to nuclear power - calls for the restart of reactors deemed safe by regulators. Abe’s government reversed the previous administration’s plan to eventually mothball all units.The NRA, an independent nuclear regulator set up after the Fukushima disaster, has been vetting restart applications from regional electric utilities for more than a year. Nine companies have applied to restart 19 reactors.The blackout of nuclear plants, which supplied about one-third of Japan’s electricity before Fukushima, has pushed several utilities to post three straight years of losses and has contributed to a record string of 23 months of trade deficits.Kyushu Electric was forced to seek a 100 billion yen bailout from the state-backed Development Bank of Japan this year to shore up its battered finances.Even after the Sendai plant’s restart, at most about two-thirds of Japan’s 48 reactors will eventually pass the regulator’s stringent safety checks and clear the other hurdles needed to restart, a Reuters analysis in April showed
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