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.