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Article: GUIZHOU SHOUGANG INDUSTRIAL INVESTMENT PLANS COAL COKING JV
- Article from:
- AsiaInfo Services
- Article date:
- December 10, 2008
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AsiaInfo Services
12-10-2008
Guizhou Shougang Industrial Investment Plans Coal Coking JV
GUIYANG, Dec 10, 2008 (SinoCast Daily Business Beat via COMTEX) -- Guizhou Shougang Industrial Investment Co., Ltd. plans to set up a 51%-owned coal coking firm in Southwest China's Guizhou Province jointly with three Guizhou companies.
Registering CNY 2 billion in capital, the new company will build Phase I of a coal coking project with annual capacity of dressing 4 million tons of coal, producing 1.8 million tons of coke and 200,000 tons of methanol, in Liupanshui City in Guizhou. The construction will need two years.
With a total investment of CNY 3.174 billion, the Phase I is expected to generate ...