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The Weir Power & Industrial Division supplies critical safety valves to the power generation markets where enquiry levels and government approvals continue to be strong and the low-cost Chinese business is being used to grow competitiveness and increase margins.
First half order input fell 21% to £139m (2008: £176m) reflecting the exceptional level of Chinese nuclear orders and a Libyan power station upgrade booked in the first half of 2008.
Source: Weir Group
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