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6 JCO officials to plead guilty to negligence charges
Index:
6 JCO officials to plead guilty to negligence charges
Lithuania asks for continued presence of nuclear expert
Nuclear Waste Arrives in France
Nuclear Shipment Reaches French Destination Late After Protests
TEPCO to defer use of MOX fuel at Niigata nuclear plant
Calif. nuclear power seen unscathed by energy crisis
FDA OKs Irradiation for Animal Feed
USEC's Rise This Year Goes Beyond Obvious Reason: David Wilson
Cell-Phone-Radiation Device SafeTShield(TM) Nationwide
=======================================
6 JCO officials to plead guilty to negligence charges
MITO, Japan, April 11 (Kyodo) - Six employees of JCO Co., indicted on
charges of negligence resulting in death over Japan's worst nuclear
accident in 1999, plan to plead guilty in the first hearing of their
case scheduled for April 23, sources close to the workers said
Wednesday.
Kenzo Koshijima, 54, who headed the uranium processing plant in
Tokaimura, Ibaraki Prefecture, and the five other JCO workers will
likely enter guilty pleas to most of the charges in the first hearing
at the Mito District Court, the sources said.
The six allegedly allowed employees to make a uranium solution in the
Sept. 30, 1999, accident at the plant, 120 kilometers northeast of
Tokyo, following an unauthorized manual.
JCO, which has been indicted on charges of compiling the manual
without reporting to the government, will also plead guilty to most
of the charges in the hearing, the sources said.
The accident and the subsequent nuclear fission chain reaction
occurred when workers poured an excessive amount of uranium solution
into a processing tank using buckets, bypassing several required
steps, prosecutors say.
Operators of nuclear facilities are required by law to obtain
approval by the prime minister before changing production methods.
Two of the workers -- Hisashi Ouchi and Masato Shinohara -- died in
December 1999 and April last year, respectively, from radiation
sickness.
Defense lawyers are planning to argue in an attempt to seek leniency
for the six workers that the defendants were not deeply involved in
illegal procedures, the sources said.
The trial is expected to proceed at a fast pace, with the court
likely to hand down rulings in a year, they said.
The lawyers are not planning to refer to possible negligence by the
two workers killed in the accident, they said.
At least 439 people, including 207 residents of Tokaimura, were
exposed to radiation mostly in minor doses as a result of the
accident. The six workers were arrested in October last year.
------------
Lithuania asks for continued presence of nuclear expert
TOKYO, April 11 (Kyodo) -
Lithuania asked Japan on Wednesday to extend the assignment of a
nuclear safety expert dispatched to the Baltic state to ensure safety
at its nuclear power plants, Japanese Foreign Ministry officials
said.
Lithuanian President Valdas Adamkus made the request to Japanese
Prime Minister Yoshiro Mori in an hourlong meeting at the premier's
official residence in Tokyo, the officials said.
Mori told Adamkus that Japan will consider extending the expert's
stay, whose third three-year mission expires in July, the officials
said. The specialist helps prevent mishaps at nuclear power reactors
built by the Soviet Union.
The two leaders also agreed to promote bilateral relations in the
political, economic and cultural fields, emphasizing that this year,
which marks the 10th anniversary of the establishment of diplomatic
ties between the two countries, is an ideal time to reinforce the
relationship, the officials said.
They shared the view that the two countries should make efforts to
realize a visit by a high-ranking Japanese government official to
Lithuania by the end of the year and to support the reaffirmation of
bilateral business exchanges, according to the officials.
In the cultural sector, Mori mentioned that a Japanese ''taiko'' drum
performance is scheduled in Lithuania later this month and a Kabuki
troupe featuring noted Kabuki actor Ichimura Manjiro will travel
there in the fall.
Manjiro attended a banquet which Mori hosted for Adamkus later in the
evening.
Mori indicated Japan's support for Lithuania's bid to join the
European Union and the North Atlantic Treaty Organization, saying he
expects the country's membership in the groups would lead to further
peace and stability in Europe, the officials said.
In a separate meeting earlier Wednesday, Foreign Minister Yohei Kono
agreed with Lithuanian government officials to promote cultural
exchanges between the two countries, the officials said.
Kono told Lithuanian Foreign Minister Antanas Valionis, Economy
Minister Eugenijus Gentvilas and Culture Minister Gintautas Kevisas
about plans for Japanese art performances this year in Lithuania,
including the taiko and Kabuki tours.
Kevisas told Kono the Lithuania Institute, recently created by the
government to introduce Lithuanian culture to foreign countries, aims
to promote understanding and appreciation of the country's culture
around the world, including in Japan, the officials said.
The culture minister added that Lithuania is also keen to learn more
about Japanese culture and also hopes more Japanese tourists will
visit his country, according to the officials.
The three ministers are accompanying Adamkus on a five-day official
working visit that began Monday.
---------------
Nuclear Waste Arrives in France
VALOGNES, France (AP) Apr 11 - A train packed with 24 tons of German
nuclear waste arrived in northern France on Wednesday, encountering
only small protests a day after hundreds of activists were arrested
for protesting the shipments in Germany.
The shipment to a reprocessing plant is the first of its kind in
three years. Transport of nuclear waste from Germany to France was
suspended in 1998 when radiation was found to be leaking from a
container.
Some 150 riot police stood by as the train pulled into the station at
Valognes, where the waste was to be inspected before being
transported by truck to the plant in La Hague, about 25 miles away.
A dozen Greenpeace activists blocked the train in the northern city
of Caen, and four protesters chained themselves to the tracks. Police
quickly removed them.
Before dawn, as the train rumbled through the western Paris suburb of
Yvelines, some 50 protesters blocked its path and caused an hour-long
delay, LCI television reported.
The train, carrying five containers of radioactive waste, set out
Tuesday from Woerth, in western Germany.
The small protests in France contrasted with those in Germany, where
2,000 police guarded one of the nuclear plants, at Philippsburg in
Baden-Wuerttemberg state, and arrested hundreds of protesters.
Near the border crossing, several activists chained themselves to the
rail, delaying the train by an hour.
Germany has traditionally sent spent nuclear fuel from its power
plants to France for reprocessing under contracts that oblige it to
take back the resultant waste.
Protesters say the shipments are unsafe and want Germany's nuclear
plants shut down quickly. They aim to make the transports so
expensive that the government and power companies will be forced to
halt them.
The German government last year struck a deal to scrap the country's
19 nuclear plants, but the shutdown could still take over 20 years.
---------------
Nuclear Shipment Reaches French Destination Late After Protests
Paris, April 11 (Bloomberg) -- A train carrying the first nuclear-
waste shipment from Germany to France in three years arrived at its
destination for reprocessing at a Cogema SA plant.
About 50 protesters who said they oppose France becoming ``the
world's nuclear wastebin'' blocked the train for several minutes as
it passed through the northwestern French town of Caen, and the
shipment arrived more than two hours behind schedule at a rail
terminal 20 miles from the plant at La Hague.
About 250 labor union members provided security at the terminal
though no protesters showed up there, said Yves Gautier, a spokesman
for Cogema, the world's largest processor of nuclear fuel.
Germany suspended nuclear-waste shipments to France in 1998 after
leaks were discovered in some containers. Berlin and Paris agreed in
January to resume shipments of the waste, which comes from German
nuclear-power plants and is sent abroad for reprocessing because
Germany has no such facilities of its own.
Hundreds of activists in Germany yesterday protested as the waste
left three plants. The French protesters expressed satisfaction that
even though they did not stop the train, they were able to call
public attention to the event.
``The mission was accomplished, and we're very, very happy,'' said
Yannick Rousselet, a spokesman for Greenpeace.
-------------
TEPCO to defer use of MOX fuel at Niigata nuclear plant
TOKYO, April 11 (Kyodo) - Tokyo Electric Power Co. (TEPCO) will put
off plans to use plutonium-uranium mixed oxide (MOX) fuel in a
thermal reactor at its Kashiwazaki-Kariwa nuclear power plant in
Niigata Prefecture due to opposition from locals, company sources
said Wednesday.
The utility had planned to begin the project next Tuesday at the
start of a periodical plant inspection. But the Niigata prefectural
government has been reluctant to host Japan's first nuclear plant to
use MOX fuel.
The postponement follows TEPCO's decision late last month to postpone
implementation of a similar project at its Fukushima No. 1 nuclear
plant in Fukushima Prefecture.
MOX, a pellet mixture of uranium dioxide and plutonium dioxide, is
designed to be burned in light-water reactors, a process known as
plutonium thermal use. Plutonium is obtained by reprocessing spent
nuclear fuel from nuclear power plants.
The electricity industry plans to use MOX fuel in 16-18 reactors by
2010. The project was originally scheduled to be launched in 1999.
TEPCO will use only uranium fuel during its regular check of the
Kashiwazaki-Kariwa plant, but will use MOX fuel if it gains local
consent, the sources said. The inspection is to finish July 13.
Fukushima Gov. Eisaku Sato, however, recently said the government
must take at least a year to review its energy policy, including the
use of MOX fuel, making an early start of the plan difficult.
-------------
Calif. nuclear power seen unscathed by energy crisis
SAN FRANCISCO, April 10 (Reuters) - California's energy crisis and
the bankruptcy of its biggest utility have not compromised the safety
or value of the state's giant nuclear power plants, federal officials
said on Tuesday.
"Really, not a lot has changed since January when the financial
pressures first began to show themselves," Ellis Merschoff, western
regional administrator for the Nuclear Regulatory Commission (NRC),
said in a telephone interview.
Merschoff was speaking to Reuters from San Luis Obispo after briefing
local media there following an NRC inspection of the nearby Diablo
Canyon nuclear power facility.
The NRC, headquartered in Washington D.C., is responsible for
ensuring the safe use of radioactive material in power generation,
medicine and science, and conducts rigorous inspections of all
nuclear power plants nationwide.
The giant Diablo Canyon power station, whose two reactors generate
2,200 megawatts, is owned and operated by Pacific Gas and Electric
Co., the utility subsidiary of San Francisco-based PG&E Corp.
<PCG.N>.
Pacific Gas and Electric filed for bankruptcy protection Friday after
running up a debt of $9 billion buying electricity for customers in
the state's volatile wholesale power market.
California's 1996 deregulation law blocks investor-owned utilities
from billing retail customers for the full cost of wholesale power,
which has jumped tenfold over the past 10 months on soaring demand
and a severe supply shortage.
Merschoff said the NRC sent a letter to California Gov. Gray Davis
shortly after hearing of PG&E's bankruptcy to "reassure the governor
that an independent set of eyes was watching the nuclear facilities"
and would beef up inspections, if necessary.
California has two more reactors at the San Onofre station in San
Clemente. The San Onofre units, with a total generating capacity of
2,170 megawatts, are operated by Southern California Edison, the
utility subsidiary of Rosemead, Calif.-based Edison International
<EIX.N>.
Southern California Edison, like PG&E, is also struggling to stay
afloat in a sea of debt, though a deal struck Monday with Gov. Davis
in which the state agreed to buy the utility's share of the power
grid for $2.76 billion will likely give it enough cash to fend off
bankruptcy.
The Diablo Canyon and San Onofre nuclear plants together generate
enough electricity to serve about four million homes.
Merschoff said recent NRC visits to the two plants convinced
inspectors that the two troubled utilities still have enough money to
ensure the continued safe operation of the reactors.
"Nuclear power plants are extremely valuable assets to the utilities
and the state of California," he said.
Maintaining those plants' financially and operationally will be
critical to California over the next few months as the state
scrambles to find precious megawatts for its overstrained grid.
With four days of rolling blackouts already behind it this winter and
dire warnings from state energy officials of more to come, California
will need to keep every available power plant on line to minimize
outages this summer, when electricity demand for air conditioning
soars to its annual peak.
Nuclear power accounts for about 16 percent of all electricity used
by California's 34 million residents.
--------------
FDA OKs Irradiation for Animal Feed
WASHINGTON (AP) - A process to treat animal feed with radiation to
kill bacteria has been approved by the Food and Drug Administration.
The agency said Tuesday that the process was approved to kill the
food-borne bacteria salmonella in all animal feed, feed ingredients
and pet treats.
The process, called irradiation, exposes food products to ionizing
radiation, which causes chemical changes similar to conventional
cooking or other preservation methods. The technique does not cause
the food to become radioactive.
Irradiation was earlier approved for use on a variety of human foods.
``Extending this process to animal feed and feed ingredients will not
only increase the safety of the feed for the animals consuming it,
but to people who handle animal feed and feed ingredients,'' said an
FDA statement. ``Irradiation is a useful tool for reducing disease
risk.''
The process approved was proposed in a petition by Sterigenics
International of Fremont, Calif.
On the Net:
Food and Drug Administration: http://www.fda.gov/
---------------
USEC's Rise This Year Goes Beyond Obvious Reason: David Wilson
Princeton, New Jersey, April 11 (Bloomberg) -- USEC Inc.'s stock has
enriched investors this year, and deductive reasoning alone could
explain why.
The Bethesda, Maryland-based company is the largest supplier of
enriched uranium, the fuel used in nuclear-power plants. And the
shares of companies providing other types of fuel to power companies,
such as natural gas and coal, have rallied.
Natural-gas stocks have risen 50 percent since the beginning of last
year, as measured by a Standard & Poor's index. This year, coal
producers such as Massey Energy Co. and Arch Coal Inc. are among the
U.S. stock market's best performers.
USEC, once a government-owned company, fits into the latter category.
The company's stock has almost doubled in price and has ranked among
the year's 20 best-performing members of the Russell 2000 index, a
benchmark for shares of smaller companies.
``It's worth much more than $8,'' said Irving Kahn, chairman of Kahn
Brothers & Co., an investment firm that owns USEC shares. The stock
rose above that price about two weeks ago, and closed yesterday at
$8.59.
Three Possibilities
Kahn's judgment reflects decades of experience -- including his
earlier work as a teaching assistant to Benjamin Graham, the father
of value investing, at Columbia Business School.
For him, USEC's advance this year isn't a matter of simple deduction.
Kahn pointed to a couple of possible explanations, as did others who
follow the company:
-- The likelihood that the company will be able to stop paying above-
market prices for uranium derived from Russian nuclear warheads,
which it buys under a program known as ``Megatons to Megawatts.''
-- The possibility that USEC, which the federal government took
public after rejecting takeover offers, will attract suitors again. A
provision that blocks anyone from owning a stake of more than 10
percent expires in July.
In addition, the company stands to benefit from an International
Trade Commission ruling that imports of enriched uranium from Europe
are hurting U.S. producers. The decision may lead to imposition of
duties on the imports.
Bouncing Back
``Recently, things have been working out much better'' for USEC, said
David Schanzer, an analyst at Janney Montgomery Scott LLC with a
``hold'' rating on the stock. ``We were really looking at a company
that was back on its heels'' before then, he said.
Shares of the company, whose name is an acronym for U.S. Enrichment
Corp., were first sold at $14.25 each in July 1998. Less than 18
months later, the stock had dropped three-quarters from its original
price to a low of $3.44.
Falling uranium prices contributed to the decline. For example, USEC
said the radioactive metal's price for immediate delivery dropped 22
percent during its most recent fiscal year, ended last June.
At the same time, USEC's production costs rose. The company curtailed
its own output in order to meet obligations under an agreement with
Techsnabexport Co., controlled by the Russian Ministry for Atomic
Energy.
USEC is the U.S. government's agent for the 20-year contract,
completed in 1994 and valued at $12 billion. The company purchases
uranium that Russia removes from nuclear warheads and converts for
power-plant use. It's committed to spending $500 million under the
program this year.
Lapsing Restriction
The company is working toward what it calls a ``market-based pricing
agreement'' with Techsnabexport for purchases it will make from 2002
through 2013. As present, it's paying above-market prices for the
uranium.
``This time, the people at USEC will have the sense not to have a
fixed price,'' Kahn said.
As the negotiations progress, USEC may have to deal with possible
suitors for the first time since the government's sale. The timing
reflects what the prospectus for its initial public offering labeled
as a ``Statutory Acquisition Restriction.''
The provision limited the stake that any investor, or group of
investors, could own in the company for the first three years after
the sale. By July 23, that period will end.
Lockheed Martin Corp. is one potential buyer, Janney's Schanzer said.
Before the government decided on the IPO, the largest U.S. defense
contractor made a joint offer for the company with BWX Technologies
Inc. and Carlyle Group, a buyout firm.
By the `Book'
In addition, Lockheed Martin managed USEC's two production plants
before the company took on the job itself in 1999. These facilities
are in Paducah, Kentucky, and Portsmouth, Ohio; USEC plans to stop
processing uranium at Portsmouth and to eliminate 526 jobs in a cost-
cutting effort.
Whether a potential buyer emerges or not, the company can still look
forward to the U.S. Commerce Department's decision in the trade
dispute.
The trade commission asked the department to investigate USEC's
complaint that European companies are selling uranium in the U.S. at
prices lower than their costs -- a practice known as ``dumping.'' If
the department agrees, it can levy duties against Eurodif SA,
controlled by the French government, and Urenco Ltd., partially owned
by the Dutch, British and German governments.
And for value investors such as Kahn, there's always the company's
``book value'' to consider. Even after USEC's advance this year, its
price is still below the value of assets such as its plants after
subtracting debt: $11.70 a share as of Dec. 31.
As recently as mid-1999, the price exceeded book value. It doesn't
take deductive reasoning to conclude that it may happen again.
------------
Convenience-Store Giant 7-Eleven(R) to Feature Cell-Phone-Radiation
Device SafeTShield(TM) Nationwide
State-of-the-Art Safety Device Arrives in May at World's
Largest Operator, Franchisor and Licensor of Convenience Stores
BOCA RATON, Fla., April 11 /PRNewswire/ -- SafeTShield(TM), a state-
of- the-art cell phone radiation-reducing device, will be available
at participating 7-Eleven stores nationwide in May. 7-Eleven is the
world's largest operator, franchisor and licensor of convenience
stores. The industry giant offers customers 24-hour convenience,
seven days a week at more than 5,200 7-Eleven stores in the United
States. Pioneers of the convenience store concept, the chain serves
approximately 6 million customers every day.
According to Deborah Jenkins, president and CEO of SV1, the company
that developed SafeTShield, "Everyone at SV1 is extremely
enthusiastic about being showcased at such an industry giant as 7-
Eleven. Now consumers who are concerned about potentially serious
health risks associated with cell phone use can pick-up SafeTShield.
7-Eleven serves that very hectic consumer who is on the go and on the
phone -- proving the perfect retail outlet for our customer base to
grab our invaluable product."
With 85 million cell phones in the United States alone and some 500
million worldwide, researchers and consumers have grown increasingly
concerned about possible long-term health risks associated with
electromagnetic radiation (EMR). While many scientists debate
whether there is a direct link between long-term exposure to EMR and
brain cancer, an alarming number of cell users are reporting negative
health effects such as headaches, memory loss, and hearing trouble.
SafeTShield uses PolyCarbon Metallic Fiber (PCMF(TM)), an advanced
material previously used for military defense purposes, to reduce
EMR. The small, affordable oval-shaped device, which easily attaches
over the ear piece, significantly reduces the potentially harmful EMR
from the ear piece of a cellular phone from entering the brain via
the ear canal. SafeTShield is one of the most comprehensively tested
products of its kind in the world and is available at participating 7-
Eleven stores at a suggested retail price of $14.95.
------------------------------------------------------------------------
Sandy Perle Tel:(714) 545-0100 / (800) 548-5100
Director, Technical Extension 2306
ICN Worldwide Dosimetry Service Fax:(714) 668-3149
ICN Pharmaceuticals, Inc. E-Mail: sandyfl@earthlink.net
ICN Plaza, 3300 Hyland Avenue E-Mail: sperle@icnpharm.com
Costa Mesa, CA 92626
Personal Website: http://sandyfl.nukeworker.net
ICN Worldwide Dosimetry Website: http://www.dosimetry.com
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