Nanjing Iron & Steel to expand coke production capacity overseas
2020-11-19 17:40:14 [Print]
Nanjing Iron & Steel Co
. , Ltd . announced on November 18 that in order to promote the company's global layout of raw material and fuel resources, the company's subsidiary Hainan Jinmancheng intended to jointly establish Jinrui Technology together with Guangdong Jerry, Indonesia Morowali Industrial Park (IMIP) and Hainan Dongxin with an estimated investment of USD383 million in Qingshan Industrial Park, Morowali, Central Sulawesi, Indonesia, implementing coke project with an annual output of 2 . 6 million tons . Among the shareholders of Jinrui Technology, Hainan Jinmancheng holds 78% equity, Guangdong Jerry holds 10% equity, IMIP holds 10% equity and Hainan Dongxin holds 2% equity.