Legal Status
United States Enrichment Corporation
The United States Enrichment Corporation (USEC) was established under the Energy Policy Act of 1992 (EPACT) as an initial step in transferring to the private sector the uranium enrichment activities formerly held by the U.S. Department of Energy (DOE).
USEC began operating as a business on July 1, 1993. It manages the operation of gaseous diffusion plants for uranium enrichment in Paducah, Kentucky, and Portsmouth, Ohio. USEC also demonstrated the commercial application of the Atomic Vapor Laser Isotope Separation (AVLIS) technology for uranium enrichment. USEC’s privatization was completed on July 28, 1998 through an initial public offering of USEC stock. The U.S. government received about three billion dollars for USEC.
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Removal of Obsolete Freedom of Information Act Regulations and CFR Chapter
The United States Enrichment Corporation (USEC) is removing from the Code of Federal Regulations obsolete regulations under the Freedom of Information Act and vacating its CFR chapter because the USEC is being privatized and will become a state chartered corporation under the USEC Privatization Act.
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Removal of Obsolete Sunshine Act Regulations
The United States Enrichment Corporation (USEC) is removing from the Code of Federal Regulations obsolete regulations under the Government in the Sunshine Act because the USEC is being privatized and will become a state chartered corporation under the USEC Privatization Act.