# Toshiba and IHI to dissolve nuclear turbine joint venture

Toshiba Corp and IHI Corp have decided to dissolve their joint venture that manufactures turbines for nuclear power plants, due to weakened demand following the Fukushima disaster.

- Type: Closure
- Announced: 2018-10-19
- Where: Japan
- Status: announced
- Products: turbines for nuclear power plants
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [IHI](https://endata.com/companies/6049.md) (partner)
- [Toshiba](https://endata.com/companies/8893.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/article/us-toshiba-ihi-nuclearpower-idUSKCN1MT0B3/), 2018-10-19: "Japan's Toshiba Corp and IHI Corp have decided to dissolve their joint venture that make turbines for nuclear power plants due to weakened demand following the Fukushima disaster."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.