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Yulin Accelerates the Construction of 1 Million mt/yr CTL Project

Shanxi Weilai Energy & Chemical Co., Ltd. has just got its Yankuang Yulin one million mt/yr CTO project approved as demonstration one.

10-31-2014 17:16:11

China’s First Enterprise Standard for Coal-based Natural Gas

Recently, according to the Products Quality Supervising Test Institute of the Xinjiang Uygur Autonomous Region, based on Directives for Standardization, six enterprise standards made by Kingho, an energy enterprise in Xinjiang...

10-17-2014 17:42:17

Combined Coal Stocks at Bohai Sea Ports Rose 5.1%

Coal stocks at China's four major Bohai Sea ports rose 976,000 mt or 5.1% week on week to 20.146 million mt on October 5, Qinhuangdao Port said Wednesday.

10-10-2014 14:47:02

China Imposes 3% Tax on Coking Coal

China will impose a 3% tax on imports of coking coal and anthracite products starting October 15, the Ministry of Finance said Thursday. The move is expected to help China's mining sector compete with imports.

10-10-2014 14:46:05

China's Guangdong Aug Coal Imports at 4.4 Mil Mt, Down 22.5% on Month

Southern China's economic hub of Guangdong province imported 4.4 million mt of coal in August, a month-on-month fall of 22.54% from July, Fenwei Energy, a business unit of Platts in China, reports, citing Chinese customs data.

09-29-2014 14:14:32

Double Decrease in Coal Production and Sales for the First Eight Months

Over the first eight months, domestic coal industry suffered double losses in both production and sales. The coal output was 2.518 billion mt, a 1.44% year-on-year decrease; the sales volume was 2.4 billion mt, a 1.62% year-on-year decrease.

09-22-2014 17:41:36

Kailuan Coal Chemical Targetting at Industrial High-end

Kailuan, as “the source of China’s coal industry”, has created remarkable achievements. The coal chemical industrial park of Jingtang Port occupies an area of 4,300 mu.

09-19-2014 14:41:34

Shenhua Group Transferring Huaneng Subsidiary's Shares

Guohua Engergy Investment, a state-owned sole corporation of Shenhua Group, recently opened listing in China Beijing Equity Exchange, transferring 15.77% of shares of Huaneng International Power Development, a subsidiary of Huaneng Group, with its price listed at CNY4,971.73 million.

09-19-2014 14:40:19

Coal Price Keeping Steady in Circum-Bohai Sea for Two Weeks

According to the latest steam coal price index in Circum-Bohai Sea delivered on September 17, the steam coal of calorific value 5500 kcal/kg was priced unchanged, closing at CNY482/mt.

09-19-2014 14:38:08

Yangmei Chemical Purchasing Earning Assets against Dilemma

Yangmei Chemical Co., Ltd., which has fallen into huge loss, had to purchase earning assets to get rid of its dilemma. Currently，the company spent over CNY1.5 billion to purchase three assets from substantial shareholders partnerships, aiming at improve its performance in this way.

09-18-2014 17:33:15

“13th Five-year Plan” Will Focus on 7 Petrochemical Bases

It was revealed that the “13th Five-year Plan” of the petrochemical industry in China was compiled on a real-time basis.

09-18-2014 10:47:51

China's Oil, Petrochem Sector Faces Tough Challenges

The 13th Five-Year Plan (2016-2020) for the petroleum and petrochemical industry will focus on eliminating obsolete capacity and raising coal chemical output. Excess capacity will be the sector's biggest challenge during the next five years.

09-17-2014 11:37:33

Asia PX Oversupplies

This year is special for PX industry, because Asia PX has turned from excessive demand into oversupply. Though China market still maintained a huge demand gap with the dependence degree on import of 50%, PX has reached its saturation or even oversupply in the whole Asia market.

09-16-2014 17:23:36

Datang Power Generation Overwhelmed Stripped of its Thin Coal Chemical Business Plan

Datang Power (00991.HK) tries to divest its coal chemical business, which is a huge asset size and poor profitability.

09-10-2014 16:05:34

China, Mongolia Clinch $532 Million Thermal Plant Deal

China’s Harbin Electric International Company Limited, a leading power infrastructure construction firm, signed a $532 million cooperation agreement with a Mongolian company on thermal power development projects on August 27, state media reported.

09-03-2014 16:51:04

China Jan-Jul Coal Industry Profit Slumps

Profit of China’s coal mining and washing industry plunged 43.9% from the same period last year to CNY67.44 billion over January-July this year, showed data from the National Bureau of Statistics (NBS) on August 28.

09-03-2014 16:50:33

NDRC to Save Coal Market

In this week, National Development and Reform Commission held a meeting with such large enterprises as the top five power generation groups as well as Shenhua Group in order to convey the guidelines to save coal market and make research into coal import.

09-03-2014 16:49:11

Bohai-rim Steam Coal Offered at CNY506/t after Drop for Seven Consecutive Years

On July 16, Bohai-Rim Steam-Coal Price Index (BSPI) closed at CNY506/t, down by CNY7/t week on week.

09-03-2014 16:44:53

Shaanxi to Lower Charges on Coal Transport by Freeway

Shaanxi province, the third largest coal producer in China, decided to start a three-month trial implementation of a policy on exempting and reducing fees for coal transport by highway, according to the announcement made by Lou Qinjian, the governor of Shaanxi on July 14.

09-03-2014 16:43:56

China Jan-Jul Coal Industry FAI Drops by 5 pct

Fixed-asset investment China’s coal industry dropped 5% compared to the year-ago level over January-July this year, mainly due to persisting weakness of the coal market, the latest official data showed.

09-03-2014 16:40:26

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