IMI PLC
25 October 1999
IMI's Energy Controls expands into China
IMI plc, the major international engineering group, today announces a
significant £9.4 million ($15 million) contract win to supply severe service
valves to China's new nuclear power plant, being built at Lianyungang, north
of Shanghai.
This contract was awarded to CCI, IMI's world leading manufacturer of severe
service control valves for the oil, gas, power and pulp and paper industries.
CCI's valves are designed and manufactured to operate in the most demanding
environments where safety is critical. Consequently, its technologically
advanced products are specifically designed to suit each application.
Nick Paul, IMI's Deputy Chief Executive, said:
'Our selection to supply China's new power plant further underlines the
world-wide recognition of the superiority of our specialist valves. This
contract win is significant as it expands CCI's business into the rapidly
growing Chinese market.'
Enquiries:
Nick Paul, Deputy Chief Executive
IMI plc Tel: 0121 356 4848
Issued by:
Ben Padovan Mobile: 0976 363 198
or
Shandwick Tel: 0171 329 0096
Notes to Editors:
In 1998, IMI plc reported sales £1,455 million and pre-tax profit of £152
million. IMI has approximately 20,000 employees operating in over 30
countries around the world.
IMI's four business areas operate in the field of fluid control. Hydronic
Controls is Europe's leading manufacturer of specialist control products for
the plumbing and heating industries. Drinks Dispense is the only global
supplier of cold beverage dispense equipment. Fluid Power is a major global
supplier of pneumatic controls and automation systems and Energy Controls is a
worldwide leader in the design and manufacture of severe service valves.
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