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Coal & Electric Co., Ltd. to build Coal Chemical Facility in Henan

[2008-4-15]

Zhengzhou Coal & Electric Co., Ltd. (SH: 600121) has decided to set up a new joint venture with China Coal & Chemical Group Co., Ltd., for building a coal chemical facility. Zhengzhou Coal & Electric announced on March 29th.

The joint venture named Zhongyuan Coal Chemical Co., Ltd. will build a synthetic ammonia facility with a capacity of 500 thousand t/a and a urea project with a capacity of 800 thousand t/a as well as dimethyl ether project in Zhengzhou of Henan province.

Zhengzhou Coal & Electric, headquartered in Zhengzhou, is engaged in the production and sales of coal, power and power transmission.

China Coal & Chemical Group Co., Ltd. is joint venture between Golden Concord Holding Limited and Morgan Stanley.

 

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