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UK firm keen on nuclear JV

  • Source: Global Times
  • [08:32 December 07 2010]
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British engineering firm IMI said it has agreed to create a new joint venture with Shanghai Automation Instrumentation Co (SAIC) that will produce control valves for new nuclear power plants.

The nuclear power market in China is the fastest growing in the world with 13 operational reactors, 25 under construction, it said Monday.

Reuters