The proposed venture will produce control valves for critical applications for new nuclear power generation plants.
IMI said that the product range will complement its existing nuclear capabilities offering a complete supply of control valves.
The new JV is expected to be finalized in the next few months, with plans for a new valve production facility to be established on Chong Ming Island, near Shanghai.
IMI Nuclear president James Pickren said that China is investing heavily in new nuclear power generation over the long term and this new venture will enable IMI to play a significant role in this development.
