Meijin Energy's subsidiary acquires coking capacity quota of 900,000tpy
2020-07-01 16:07:19 [Print]
Meijin Energy announced on June 30 that its wholly-owned subsidiary Huasheng Chemical has acquired the production capacity quota of 900,000tpy from the coking project owned by Shanxi Longhui Coal Gasification Co., Ltd., along with the approved pollutant discharge quota, at the price of RMB200/t (USD28.3/t) (tax included) for a total consideration of 180 million yuan (25.47 million US dollars). Following this transaction, Huasheng Chemical will have an annual production capacity of 3.85 million tonnes and an optimized industrial structure.

