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Arbitrator's decision expected next week in nordion dispute with aecl
Arbitrator's decision expected next week in nordion dispute with aecl: http://www.pembroketoday.ca/default.asp?pid=188966&wireid=00384_ARP_MAPLEproject1web_084108
..."A decision is expected next week that could have a major impact on
AECL in Chalk River. The decision stems from a dispute between AECL and
Nordion over the MAPLE reactors. The new reactors ran into technical
issues and the project was mothballed several years ago, over the
protests of Nordion which was depending on the isotopes from the
reactors to meet its needs. Nordion immediately filed for arbitration to
force AECL to try and bring the MAPLE reactors on line or pay
substantial monetary damages. A decision from the arbitration hearing is
expected September 10th and the board could order the MAPLE project
reactivated, or award damages, or order another course of action.
Nordion has already said it may seek court relief if the arbitration
ruling does not meet their approval. "
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