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US NRC approves construction permit for X-energy's advanced nuclear plant at Dow's industrial site

Market News
09 Nov 2026, 23:15 WIB
GlobeNewsWire
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Bullish
US NRC approves construction permit for X-energy's advanced nuclear plant at Dow's industrial site

The US Nuclear Regulatory Commission (NRC) has approved the construction permit for X-energy's proposed four-unit Xe-100 advanced small modular reactors at Dow's Seadrift site in Texas. This marks the first advanced nuclear facility approved for an industrial site in the US, under the Department of Energy's Advanced Reactor Demonstration Program. The plant will provide clean electricity and high-temperature steam to Dow's site, replacing aging energy assets, with an expected operational life of 60 years. Dow plans to consider investment decisions in 2027, with full-scale construction targeted for the early 2030s, aiming to reduce costs and risks through thorough preparation and regulatory compliance.

Dow Inc shares are trading at USD 30.91 on Pluang, down 1.54% in the last day as of Nov 10, 2026 04:12 WIB. The stock shows a dividend yield of 4.46%, with all recent order activity on Pluang being sell orders. This market data provides context to Dow's ongoing strategic moves in energy innovation.

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